Audit and Assurance, through PSP & Associates
What we do
Statutory audit
Audit of companies and LLPs as required by the Companies Act, 2013 and the LLP Act, 2008.
Tax audit
Audit of the books of businesses and professionals whose turnover or receipts exceed the prescribed limits, with the report filed in the form the tax law requires.
Internal audit
Risk-based review of processes, controls and compliance, with a written report and recommendations for management.
RERA audit
Annual audit and certification for real estate projects registered under RERA, in the authority's format.
Forensic and fraud review
Fact-finding on suspected irregularities, with documentation suitable for management, lenders or counsel.
Management and process audit
Review of operating processes, cost controls and reporting quality, with practical improvement steps.
Financial due diligence support
Reviewing financial statements and compliance history for investors, buyers and lenders.
Who this is for
- Companies and LLPs that need a statutory auditor
- Businesses and professionals above the tax audit limits
- Real estate promoters needing annual RERA certification
- Management teams that want an independent internal review
- Investors and lenders needing financial due diligence
Key facts
| Topic | Position |
|---|---|
| Who signs audit reports | A practising Chartered Accountant at PSP & Associates, never PSP Consultancy |
| Regulator of the audit firm | Institute of Chartered Accountants of India (ICAI) |
How it works
Scope
We confirm what is required, by when, and which firm should perform it.
Engage
PSP & Associates issues its own engagement letter for audit work.
Perform
Fieldwork and review, with a single list of document requests.
Report
Draft shared for discussion, then the signed report and filings.
Frequently asked questions
Who signs the audit report?
Only PSP & Associates. It is a Chartered Accountancy firm registered with ICAI. PSP Consultancy is not an audit firm and does not sign audit reports or certificates.
Is PSP Consultancy an audit firm?
No. PSP Consultancy is a separate advisory practice. It helps you scope the work, gather documents and follow up, while the audit itself is performed by PSP & Associates.
Can the same group audit us and also advise us?
Independence rules under the Companies Act and ICAI's Code of Ethics restrict certain other services to an audit client. We assess this at the start of every engagement and structure who does what accordingly.
What is a tax audit and who needs one?
A tax audit is an audit of the books of a business or professional whose turnover or receipts exceed the limits prescribed in the tax law, or who is otherwise covered. We confirm the thresholds for your facts before the due date.
How do we get started?
Contact us with a short description of the entity and the year. We confirm the scope and arrange for PSP & Associates to share its engagement terms.
This page is general information and not professional advice for any specific situation. Rules and due dates change; we confirm the current position before acting. Last reviewed 2026-10-17.