What We Audit — and Why It Matters More for Startups
A statutory audit is not just a regulatory checkbox. For a startup, the quality of your audit is a signal — to investors, acquirers, and lenders — about the rigour of your financial management. We treat every audit with that gravity.
Our audit practice is built around deep technical standards (SA 700 series, Ind AS) and genuine commercial understanding. We don't just confirm that your numbers add up. We examine whether they tell the right story.
Our audit clients have raised over ₹2,400 crore in venture and private equity funding. Investor scrutiny of audit quality is real — we help you pass it.
Our Methodology
We follow a risk-based audit approach — identifying areas of highest financial risk and concentrating resources there. For technology companies, our audit focus areas typically include:
- Revenue recognition under Ind AS 115 — especially for SaaS, marketplace, and subscription models
- ESOP accounting and disclosure under Ind AS 102
- Related party transactions and transfer pricing considerations
- Deferred tax recognition and assessment of carried forward losses
- Going concern assessment for pre-profitable businesses
- Financial instrument measurement (preference shares, CCPS, convertible notes)
Timeline
| Stage | Activity | Duration |
|---|---|---|
| Planning | Risk assessment, materiality setting | 1–2 weeks |
| Interim | Controls testing, walkthrough procedures | 2–3 weeks |
| Final | Substantive procedures, management representation | 3–4 weeks |
| Completion | Final review, signing, filing | 1 week |