A dedicated audit & assurance desk within PJRJ
PJRJ & Associates delivers audit and assurance with Big 4-trained rigour for mid-market and growth-stage businesses — statutory audits under the Companies Act, risk-based internal audit, specialised stock and revenue audits, controls testing, and forensic investigations when something does not add up.
An audit should be more than compliance — it is a structured health check on your financial reporting, controls, and operational integrity. Our partners stay involved from planning through reporting.
- Statutory audit under Companies Act
- Risk-based internal audit
- Stock & revenue verification
- IFC / ICFR design & testing
- SOX readiness support
- SOP documentation & audits
- Vendor compliance reviews
- Forensic & special investigations
Audit & Assurance services
Select a service for detailed scope, deliverables, and how we work.
Statutory Audit
Statutory audit is a legal requirement for most companies in India — but the quality of the audit determines whether it is merely a compliance exercise or a genuine health check on your financial reporting. At PJRJ, statutory audits are conducted under the Companies Act 2013 and applicable Ind AS/AS standards by partners with Big 4 training, giving you audit quality without Big 4 bureaucracy.
View detailsInternal Audit
A systematic review of your internal controls, processes, and risk management framework. Our internal audit work is scoped to the client's specific risk profile — not a generic template — and delivered with actionable recommendations.
View detailsStock Audit
Verification and valuation of inventory for businesses and bank borrowers. We conduct stock audits for manufacturing firms, retailers, and financial institutions requiring third-party inventory verification.
View detailsRevenue Audit
Detailed examination of revenue recognition, billing accuracy, and collection efficiency. Particularly valuable for businesses with multi-channel revenue streams or performance-based contracts.
View detailsVendor Compliance Audit
Assessment of whether your vendor base complies with contract terms, statutory obligations, and internal procurement policies. Helps identify leakage, fraud risk, and supplier performance issues.
View detailsIFC / ICFR Design and Testing
Design and documentation of Internal Financial Controls (IFC) and Internal Controls over Financial Reporting (ICFR) as required under the Companies Act. Includes readiness assessments, control testing, and gap remediation.
View detailsSOX Readiness
For Indian subsidiaries of US-listed companies, or companies preparing for US listing, we provide SOX compliance readiness assessments, control documentation, and testing support.
View detailsSOP Documentation & Implementation Audit
We draft Standard Operating Procedures (SOPs) tailored to your business processes, then conduct implementation audits to assess whether your teams are actually following them — closing the gap between policy and practice.
View detailsForensic Investigation & Special Investigations
When something doesn't add up, you need experts who know where to look. Our forensic team conducts structured investigations into financial irregularities, fraud allegations, disputes, and unexplained discrepancies — with findings that hold up to scrutiny.
View detailsWhy clients choose our audit desk
Big 4 rigour, partner access
Partners trained at PwC and Deloitte — technical depth without Big 4 bureaucracy.
Risk-based scoping
Audits tailored to your industry and risk profile — not generic checklists.
Actionable reporting
Findings written for management and boards — with practical remediation steps.
Multi-location coverage
Delhi and Gurgaon teams mobilised across NCR and India for site visits.
How we work
- 1
Free consultation — we understand your entity, industry, and audit timeline.
- 2
Engagement letter with scope, deliverables, and fee — transparent from day one.
- 3
Planning and risk assessment with management input.
- 4
Fieldwork with minimal disruption to your finance team.
- 5
Discussion of findings before final reporting.
- 6
Post-audit support for banks, investors, or regulators as needed.
Industries we serve
- Manufacturing & Engineering
- Trading & Distribution
- Healthcare & Pharmaceuticals
- IT, Software & SaaS
- Retail & E-Commerce
- NBFCs & Financial Services
- Real Estate & Construction
- Hospitality & Restaurants
Discuss audit & assurance with a PJRJ partner
We respond within one business day — share your requirements for a free initial consultation.
Audit & Assurance FAQs
Common questions about our audit & assurance services.
Is statutory audit mandatory for my company?
Most private and public companies require annual statutory audit under the Companies Act. We confirm applicability based on your entity type, turnover, and regulatory obligations.
How is internal audit different from statutory audit?
Statutory audit certifies financial statements for shareholders and regulators. Internal audit tests controls and processes throughout the year — often scoped to operational and fraud risks between statutory cycles.
Do you conduct stock audits for bank borrowers?
Yes. We perform stock audits in formats acceptable to leading banks — with physical verification, book reconciliation, and valuation review.