At BnB we redefine audit and assurance services to meet the dynamic needs of your business. With a commitment to excellence and integrity, we offer a comprehensive suite of audit solutions tailored to your organization’s unique requirements.
Audit is a detailed examination of financial statements with the primary objective of expressing an opinion on whether they present a true and fair view of the company’s affairs.
At BnB, our professionals bring years of experience, industry knowledge, and integrity to every engagement. Our audit approach is customized to the size and nature of each organization and is supported by our strong understanding of laws, regulations, and accounting standards. We focus on delivering value through transparent reporting that builds stakeholder confidence.
BnB holds a valid Peer Review Certificate from the Institute of Chartered Accountants of India, enabling us to conduct audits for listed and other public-interest entities.
Our Statutory Audit services focus on delivering accuracy, transparency, and compliance in financial reporting. We ensure that every audit is conducted with a thorough understanding of the client’s business and in accordance with applicable laws and standards. Our approach goes beyond routine verification — we aim to provide insights that strengthen internal controls and enhance financial discipline.
Tax Audit involves examining the tax affairs of a business or individual to ensure compliance with the provisions of the Income Tax Act — including proper declaration of income, eligibility of deductions, and claims of tax offsets. Our tax advisory team, with deep expertise in Indian tax laws, assists clients with cost-effective and practical solutions, ensuring the timely completion of their tax audit requirements.
A forensic audit goes beyond routine financial review — it is a specialized investigation into accounts to uncover fraud, misappropriation of funds, or financial irregularities. The primary objective is to extract credible evidence that can be used in litigation, regulatory proceedings, or criminal prosecution.
At BnB, we combine strong accounting expertise with investigative skills to conduct in-depth reviews of financial records, transactions, and internal processes. Our team assists clients in identifying fraudulent activities, tracing fund flows, quantifying financial losses, and providing evidence that stands scrutiny in legal forums.
We work closely with legal counsels, regulators, and management teams to ensure that our findings are not only thorough but also actionable, enabling stakeholders to take informed decisions and protect their interests.
A due diligence audit involves a comprehensive and detailed investigation into the complete financial picture of a company. This process is crucial for assessing the true value and potential risks associated with the company/ entity, providing a clear and accurate understanding of its financial health. These audits are typically conducted before significant business transactions, such as a purchase, merger, or acquisition, to ensure that the decision-making process is well-informed and that any potential financial pitfalls are identified.
The due diligence audit examines various aspects of the company/ entity, including but not limited to:
The primary objective of a due diligence audit is to uncover any hidden liabilities, risks, or compliance gaps that may not be immediately visible in the financial statements. This investigation enables buyers, investors, and stakeholders to make informed decisions, negotiate effectively, and safeguard their investments.
At BnB, we support both government and non-government clients by conducting comprehensive financial, tax, legal, and regulatory due diligence. Our work includes evaluating financial health, validating compliance, assessing potential risks, and reviewing contractual or statutory obligations.
Whether it is for mergers and acquisitions, strategic investments, project appraisals, or regulatory requirements, we provide clients with clear, actionable insights that allow them to move forward with confidence and transparency.
The GST law mandates an audit of monthly compliances, which is included with the Annual Return. Registered taxpayers under GST must file an annual return by the prescribed due date each year. It is crucial for taxpayers to focus on auditing their GST compliances, with input and output reconciliations forming a key part of the GST audit certification. The annual GST audit involves submitting a statement in Form 9C, certified by a CA/CWA. Registered persons with an annual turnover exceeding INR 5 crores (INR 50 million) during the financial year must file a reconciliation statement between the annual returns in GSTR-9 and the figures in the audited financial statements in Form 9C.
A revenue audit is a two-tier process that compares the figures and information in tax returns with those found in an entity’s business records. On the other hand, stock audits are our area of specialization. Our Stock Audit team adheres to a rigorous audit and reporting process, ensuring that every detail of the stock is thoroughly evaluated.
We assist clients in enhancing risk management, improving performance and operating efficiency while providing the foundation to achieve better business performance.
Through our service offerings in internal and management audit, we:
Our services are designed to provide a holistic view of your organization’s strengths and areas for improvement, enabling you to make informed decisions and drive sustainable growth. With our expertise, you can ensure that your internal controls are robust, your risk management strategies are effective, and your operational processes are optimized for success.
Information Technology serves as the backbone of operations for any company, making an IT audit a crucial step in maintaining organizational stability. An IT audit examines the information technology infrastructure to assess its effectiveness, performance, and alignment with the entity’s objectives.
We specialize in converting financial statements prepared under Indian GAAP to IFRS for reporting to overseas parent companies and foreign investors. Our services include:
Assisting in the development of plans to implement the following changes:
We also facilitate the conversion of financial statements from Indian GAAP to Ind-AS by:
Assisting in the development of plans to implement the following changes:
As a renowned audit firm in India, we offer highly reliable services that ensure complete compliance with IFRS/Ind AS. We assist companies in analyzing the adoption of IFRS/Ind AS to ensure smooth and efficient transitions.
Testing of design and operative effectiveness of the organisation’s process and entity-level controls.
Help the organization transition to a process-based approach for financial control compliance, identifying effective ways to appropriately reduce effort through better risk assessment, scoping and use of technology.
Approach and methodology is oriented towards a consultative and collaborative model, bringing to the table a good understanding of your industry.
Benefits of IFC include – Definition of clear accountability and Transparency, opportunities to plug leakages, streamlining & standardizing controls and enhancing the governance framework.