Audit & Assurance Services
Audit & Assurance Services
In today’s business landscape, where financial decisions are scrutinized more closely than ever, independent audit and assurance services play a critical role in building trust among stakeholders—be it investors, regulators, lenders, or management.
At Sheth Solani & Associates (SSA), a leading Chartered Accountancy firm in Ahmedabad, we go beyond basic compliance to help businesses demonstrate financial integrity, strengthen internal systems, and unlock strategic value through well-executed audits.
As a trusted audit firm in Ahmedabad, we offer a full suite of services including statutory audits, internal audits, tax audits, and special-purpose reviews, all tailored to your industry and risk profile. Our goal is to empower businesses with reliable financial insights, identify control gaps, and help meet the growing demands of financial transparency.
With over a decade of professional experience of our partners across diverse sectors, our team brings a practical, partner-driven approach to every assignment. We aim to go beyond the traditional audit checklist, our mission is to help you gain a holistic understanding of your financial health, identify red flags early, and stay ahead of the evolving statutory and regulatory landscape.
Our Approach to Assurance
Our assurance services are driven by three core pillars:
Risk-Based Planning
Every engagement begins with a deep understanding of your business model, internal environment, and risk landscape. We prioritize areas with higher potential for misstatement or control lapses.
Compliance with Standards
We strictly adhere to Standards on Auditing (SAs) issued by ICAI, while aligning with the principles under SQM 1 to maintain consistency, independence, and documentation standards.
Partner-led Engagements
Unlike large hierarchical setups, we ensure direct partner involvement throughout the audit lifecycle—adding clarity, speed, and experience-driven judgment to every step.
Methodologies We Follow
Our audit methodology is rooted in structure, adaptability, and efficiency. Key features include:
Preliminary Evaluation & Materiality Setting
Define scope, assess inherent & control risks, set thresholds.
System Walkthrough & Control Testing
Evaluate internal control design and perform substantive & control-based testing.
Data Analytics & Sampling
Use data analytics where applicable to enhance coverage, especially in high-volume areas.
Substantive Procedures
Perform detailed testing on key financial statement line items based on assertions (completeness, accuracy, occurrence, etc.)
Review & Reporting
Drafting of management letters, internal control observations, and final audit reports in compliance with SA 700-series.
Engagement Quality Review (where applicable)
High-risk or judgment-heavy engagements undergo peer review or second-partner sign-off.
Our Audit & Assurance Offerings
A comprehensive suite of auditing solutions tailored to your industry and regulatory needs.
Statutory Audit
Audit under Companies Act and other applicable laws.
Tax Audit
Section 44AB and other compliance-based audits.
Internal Audit
Risk-based reviews of operational and financial controls.
Concurrent Audit
Real-time audit of banking and high-risk transactions.
Management & Ops Audit
Efficiency, performance & cost control audits.
Special Purpose Audits
As required by lenders, regulators, or management.
Investigation Assignments
For fraud, misuse, or regulatory breaches.
Certifications
Issuance of financial or tax certifications under relevant statutes.
Agreed-Upon Procedures
Targeted procedures as agreed with management/stakeholders.
Why Clients Choose SSA
Ready to Get Started?
At SSA, we don’t just audit. We listen. We assess. We guide.
Our assurance services are designed to empower decision-makers and build long-term stakeholder trust.
contact@shethsolani.in