ASSURANCE SERVICES

Assurance with clarity, discipline & insights

In a business environment shaped by tighter regulatory scrutiny, evolving reporting standards, and stakeholders who expect more than a clean opinion, the role of an auditor has changed considerably. Investors, lenders, boards, and regulators today look to assurance not just as a statutory formality, but as a genuine check on the financial health and governance of an organisation. At N. A. Shah Associates LLP, we have built our audit practice around that reality.

The foundation of our assurance practice rests on four core pillars that work together to strengthen audit quality and deliver meaningful assurance to our clients.

 

Audit Quality

Four connected pillars of our assurance practice

Technology
Digital tools and data-driven procedures for wider coverage and insights.

Talent
Experienced partners and trained teams with strong business and regulatory understanding.

Transparency
Clear communication with management, audit committees, and stakeholders.

Timeliness
Disciplined planning and execution to meet reporting timelines without compromising quality.

The Firm has been peer review compliant since its inception of ICAI peer review process. Our commitment to consistently strengthening audit quality has been independently recognised through the firm’s Level IV rating—the highest level awarded as per Audit Quality Maturity Model of ICAI. This recognition reflects the discipline we bring to every engagement: meticulous planning, detailed audit  execution, and timely communication, all of which help clients avoid surprises and meet reporting deadlines with confidence.

Our management letters & presentations provide relevant & authentic solutions which enables clients improve their internal controls. as well as be prepared for future regulatory challenges.

We cover the full spectrum of statutory and regulatory reporting requirements that businesses in India need to navigate.

Offerings:

STATUTORY AUDIT

Audits conducted under the Companies Act, 2013 and the Standards on Auditing issued by the ICAI, for listed companies, NBFCs, subsidiaries of foreign groups, private companies, limited liability partnership & firms. We also conduct limited review of financial results for compliance with SEBI listing regulations.

TAX AUDIT

Audits under Section 44AB of the Income-tax Act in accordance with the guidance note issued by the ICAI. The tax audits ensure that the return filling process becomes more seamless and improves the overall compliance with tax laws.

FOREGIN REPORTING

With growing globalisation, many of the multinational companies have subsidiaries in India. We audit the accounts of the Indian subsidiaries for the purpose of the group reporting and consolidation purpose. We ensure that dues dates are met and the reporting is to the satisfaction of the group auditors.

OTHER ATTESTATION & CERTIFICATION SERVICES

As statutory auditors or independent chartered accountants we are called upon to issue various certificates or perform agreed upon procedures. The certifications could be for various purpose like initial public offer, buy back, etc. We also undertake special assurance engagements including audit of accounts for special purposes (example: Income tax, interim financial statements etc.).