IndiaAudit & Assurancepillar

Audit & Assurance: Which PNPC Global Service Do You Actually Need?

PNPC Global Content Team·

Key takeaways

  • Audit & Assurance groups 27 engagements into six sub-practices, from statutory audit under the Companies Act to forensic audit and investigation.
  • Tax and regulatory audits include tax audit, GST audit and health check, transfer pricing audit support, and trust, NGO and co-operative society audit.
  • Capital market audits cover depository participant and stock or commodity broker audits, plus half-yearly internal audit and net worth certification for SEBI.
  • Choose the service from the concrete event that prompted the search, since a disconnected second engagement can miss downstream implications of the first.

Audit & Assurance: Which PNPC Global Service Do You Actually Need?

Audit & Assurance is not one service at PNPC Global — it's 6 related sub-practices covering 27 distinct engagements, for Chennai, Bangalore and Hyderabad businesses. Most people who land on a single-service page for one of them never see how it connects to the others, which is the gap this overview is for.

What Sits Under Audit & Assurance

Statutory & Financial Audits

- Statutory Audit under Companies Act - Audit under Ind AS / IFRS / International GAAP - LLP, Branch & Group Reporting Audit - Consolidation Audit Support - Bank Branch Audit

Internal & Operational Audits

- Internal Audit - Internal Financial Controls (IFC) Review - Concurrent, Operational & Process Audit - Management, Compliance, Revenue & Stock Audit

Tax & Regulatory Audits

- Tax Audit under the Income Tax Act - GST Audit & Health Check - Transfer Pricing Audit Support - Provident Fund, Payroll & Labour Law Audit - Trust, NGO & Co-operative Society Audit - Bank & Concurrent Audit (RBI / Statutory)

Information Systems & IT Audit

- Information Systems Audit (ISA) & IT General Controls (ITGC) Review - Systems, ERP & Application Audit - Cyber Security Control & IT Risk Review - Data Analytics & Continuous Auditing

Capital Market & SEBI Audit

- Depository Participant (DP) Audit (NSDL / CDSL) - Stock / Commodity Broker Audit (NSE, BSE, MCX) - Internal Audit & SEBI Compliance Review for Brokers - Half-Yearly Internal Audit & Net Worth Certification (SEBI)

Specialised Audit & Certification

- Agreed Upon Procedures (AUP) - Certification Services (Net Worth, Fund Utilisation) - Special Purpose & Independent Assurance Engagements - Forensic Audit & Investigation Assignments

Full detail on each — scope, current process and what PNPC includes — is on the Audit & Assurance practice page, which links through to every individual service listed above.

How to Pick a Starting Point

The 6 sub-practices under Audit & Assurance aren't equally relevant at any given moment. Something concrete usually prompted the search — a filing, a decision, a deadline — and that event, not the pillar name, is what should point to a specific sub-category above.

What Businesses Usually Get Wrong

The failure mode here is rarely "wrong service, right pillar" — it's discovering months later that an earlier Audit & Assurance decision has downstream implications nobody flagged at the time, because a different firm (or a different, disconnected engagement) handled the second half.

Getting This Right From the Start

PNPC Global has advised Chennai, Bangalore and Hyderabad businesses since 1986. If you're not sure which Audit & Assurance service applies to your situation, start with the Audit & Assurance practice page or ask PNPC directly — matching the engagement to the actual problem, before any filing or proposal, is the first thing we do.

Rates, thresholds and filing dates are set by the relevant authority and revised periodically. Treat anything numeric here as "ask PNPC for the current figure," not as a quoted fact.

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