The core purpose of compliance is to ensure that businesses operate within a defined legal and ethical framework thereby facilitating responsible growth, safeguarding stakeholders, and maintaining trust in the economy.

Hence the business entities are asked to comply with the provisions of the Companies Act, Income Tax Act, GST law, Accounting Standards, Standards on Auditing, and other applicable regulations while preparing financial statements or maintaining overall compliance. Some requirements need to be fulfilled on daily basis, others quarterly, and some annually.

To ensure that all such requirements are duly fulfilled, the law prescribes a system of verification, based on various parameters, commonly referred to as an audit.

At Achyuta Advisors, we conduct a thorough Compliance Review to assess the gap between the compliance obligations laid down by various regulatory authorities and the actual compliance status of your business.

Our Compliance Review Services involve:

• Regular review of books of accounts with respect to:
• TDS provisions
• GST provisions
• Accuracy of accounting vis-a-vis supporting documents
• Advisory on improving the existing accounting system and grouping/regrouping of ledger accounts
• Verification of other statutory obligations, as required
• Routine advisory support