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Audit & Assurance

Building Trust Through Financial Transparency

In today’s complex regulatory environment, a credible audit is not merely a statutory obligation — it is a statement of integrity. Businesses across India are expected to maintain transparent, compliant, and accurate financial records, and the consequences of failing to do so have never been more significant. The Income Tax Act, the Companies Act, and GST laws each carry independent audit mandates that demand professional diligence.

At M. Tibrewal & Associates, we approach audit and assurance not as a compliance checkbox but as an opportunity to strengthen your organization from within. Our audit engagements go beyond number verification — they assess the reliability of your internal controls, identify process inefficiencies, uncover risk exposures, and provide your stakeholders with the confidence they need.

Whether you are a growing startup navigating your first statutory audit, an established business seeking an independent review, or an enterprise requiring GST audit reconciliation, our team brings the same commitment: precision, objectivity, and actionable insight.

India’s audit landscape continues to evolve rapidly, with the NFRA (National Financial Reporting Authority) increasing its scrutiny on audit quality and the MCA strengthening compliance obligations for registered companies. Our experienced team stays current with all amendments, ensuring your audits are not just complete — but defensible.

“According to MCA data, non-compliance with audit filing requirements attracts compounding penalties of up to INR 5 lakh per default — a risk that proactive audit engagement with a trusted firm eliminates entirely.”
The Companies Act, 2013 (Section 450 & 451)

Our Audit & Assurance Services Include

Statutory Audit — Mandatory audits under the Companies Act, 2013 and Income Tax Act, 1961 for companies, firms, and LLPs meeting prescribed thresholds.
Tax Audit (Section 44AB) — Comprehensive tax audit reports ensuring accurate income disclosure, admissible deductions, and full compliance.
Internal Audit — Periodic review of business operations, internal controls, and risk exposure to strengthen governance.
GST Audit & Reconciliation — Reconciliation of GSTR filings with books of accounts, identification of ITC discrepancies, and audit support.
Concurrent Audit — Real-time, ongoing verification of financial transactions for banks, NBFCs, and high-volume businesses.
Financial Due Diligence — Independent review of financial statements for mergers, acquisitions, investments, and funding rounds.
Management Audit — Evaluation of management efficiency and operational alignment with business objectives.

Why Your Numbers Deserve Our Name

At M. Tibrewal & Associates, our audit practice is led by qualified Chartered Accountants with deep experience in statutory, tax, and internal audits across diverse industries. We maintain strict independence, adhere to ICAI standards, and deliver reports that are thorough, timely, and stand up to scrutiny.

We understand that an audit engagement must cause minimal disruption to your operations. Our team works collaboratively with your finance function, communicates findings clearly, and provides practical recommendations — not just observations. With offices in Greater Noida West and Ghaziabad, we are accessible to businesses across the NCR region and beyond.

About Us

We began its journey in 2012 with the mission of making legal reporting more accurate, transparent and accessible to common man. We made up of more than 10,000 lawyers who practice law in the province and approximately 500

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