Internal Audit
Risk-based internal audit that finds leaks and control gaps — and tracks the fixes
- 1PlanRisks and scope agreed.
- 2TestControls and samples tested.
- 3ReportFindings with fixes.
- 4Follow upActions tracked to closure.
Share your details. We’ll reply on WhatsApp with the next steps and a checklist.
Pick a plan — the fee is adjusted if you hire us within 30 days.
About Internal Audit
A clear overview, in simple terms — what it is, why it matters, and how we handle it.
An internal audit is only useful if it focuses on where money can be lost: procurement and vendor payments, inventory, payroll, revenue and discounts, and access to systems.
We agree a risk-based plan with management, test controls and transactions each quarter, report findings with practical fixes, and follow up until they're closed.
Section 138 of the Companies Act requires an internal audit for listed companies, unlisted public companies above set size limits, and private companies with turnover of ₹200 crore or more or borrowings of ₹100 crore or more. Many smaller businesses run one voluntarily to catch leakage in purchases, payroll and revenue. The board decides the scope and the auditor, who can be a CA, a CMA or another professional.
| Mandatory (private companies) | Turnover ≥ ₹200 crore or borrowings ≥ ₹100 crore |
|---|---|
| Mandatory (other) | Listed companies and larger unlisted public companies |
| Who can be the auditor | CA, CMA or other professional decided by the board |
| Frequency | Usually quarterly or half-yearly |
Who this is for
Common scenarios where this service is a good fit.
- Companies above Section 138 limits
- Growing SMEs with multiple locations
- Businesses preparing for investors or lenders
What you get
Clear deliverables so you know exactly what’s included.
- Risk assessment and audit plan
- Process and control testing
- Quarterly reports
- Action tracking
Documents required
A practical checklist. We’ll tell you if anything else is needed based on your case.
Process
A simple, trackable workflow.
Risks and scope agreed.
Controls and samples tested.
Findings with fixes.
Actions tracked to closure.
Get a quote
We share a clear quote after a quick checklist pre-check.
- ₹25,000 to ₹2,00,000 a year depending on scope and locations.
- Risk assessment and audit plan
- Process and control testing
- Quarterly reports
- Action tracking
Share your details. We’ll reply on WhatsApp with the next steps and a checklist.
Pick a plan — the fee is adjusted if you hire us within 30 days.
FAQs
Quick answers to common questions.
This page also covers
- Process reviews
- Procurement, payroll and revenue deep dives.
Official sources
Indus Tax is a private professional services firm and is not affiliated with any government authority. Rules and fees change — we confirm current positions before filing.
