pvtltd.co

Audit & Assurance

Forensic Audit & Fraud Detection

Independent investigation support, exception analysis, and evidence-backed reporting for suspected fraud or control breaches. Investigation support, exception analysis, evidence-backed reporting.

Reviewed by CA Harun Raaj, ICAI Reg. No. 238303·Last reviewed:
Starting from Discuss with usTypical timelineForensic Audit

Independent investigation support, exception analysis, and evidence-backed reporting for suspected fraud or control breaches. Investigation support, exception analysis, evidence-backed reporting. We keep the work founder-friendly and evidence-led so the company can move without unnecessary back-and-forth.

What is included
  • • Forensic Audit scope review and action plan
  • • Document checklist and evidence review
  • • Drafting, computation, or filing support
  • • Submission support and acknowledgement tracking
  • • Follow-up on queries, corrections, or notices
  • • Closure notes and next-step reminders
Documents required
  • • Trial balance and financial statements
  • • Ledger extracts and bank statements
  • • Statutory registers and approvals
  • • Prior audit notes or notices, if any
Government fees

See the fee table below for the statutory filing charge and common delay logic.

Legal basis
  • • Section 143(12) of the Companies Act 2013
  • • Section 447 of the Companies Act 2013
  • • Section 448 of the Companies Act 2013
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Process

How the service works

The workflow is built to be predictable: document collection, legal review, filing, and post-filing follow-through.

Step 1Scope

Confirm the scope

We map the exact service route to the trigger, form set, and documentary evidence so the work starts on the right footing.

Step 2Docs

Collect the records

We gather the company records, notices, or transaction documents needed for forensic audit and check them for gaps.

Step 3Draft

Prepare the filing or memo

We draft the computations, filings, or advisory memo so the next person in the chain can review it quickly and confidently.

Step 4Close

Submit and track follow-up

We move the file through submission, keep the acknowledgement trail tidy, and handle any follow-up questions that come back.

AEO summary

Forensic Audit is the CA-led workflow that helps a Private Limited company stay compliant, file the right forms, and keep the record trail clean.

Forensic Audit & Fraud Detection workflow

We start by checking the exact trigger, the legal route, and the documents that make forensic audit executable for a Private Limited company. That keeps the filing or advisory work tied to the actual statutory path instead of a generic checklist.

Once the scope is locked, we prepare the working papers, filings, and follow-up notes so the matter can move without unnecessary back-and-forth. The goal is to make the process understandable for the founder, the finance team, and the reviewer.

  • • Scope mapping for forensic audit
  • • CA-led document review and drafting
  • • Submission support and acknowledgement tracking

What this protects for the company

For a Private Limited company, the value is not just speed. It is also about keeping the record trail clean enough for banks, investors, regulators, and future diligence work.

A founder-friendly process lowers the chance of avoidable notices, rework, or missed deadlines while keeping the company aligned with the right section, rule, or circular in Audit & Assurance.

  • • Cleaner compliance evidence for Audit & Assurance
  • • Better preparation for diligence or audit
  • • Less last-minute chasing inside the finance team

Government fees

Fee breakdown

ItemFeeNotes
No standalone government feeNilThis is a professional assignment; statutory fees apply only if the matter includes a connected filing or portal step.
Connected filing or application feeAs per applicable portal / authority scheduleOnly relevant if the work includes a statutory submission such as a return, registration, or approval.

Timeline

Typical turnaround

Typical timeline usually means a 1–3 weeks turnaround, assuming documents are complete and any board or shareholder approvals are already in place.

Pricing note

Government charges are usually limited to connected filings; the main fee driver is the scope of review and evidence pack.

Related services

Keep the company moving

Audit Assurance

Support for Audit Assurance.

Due Diligence Prep

Support for Due Diligence Prep.

FAQ

Frequently asked questions

What usually triggers a forensic audit?
A forensic audit is usually triggered by fraud suspicion, control failure, whistleblower complaints, lender concerns, or shareholder disputes. It is a fact-finding exercise; the statutory fraud-reporting hook is separate and comes from Section 143(12) if the auditor detects fraud.
What is the statutory obligation if fraud is found during a forensic review?
Under Section 143(12), the statutory auditor must report the fraud in the prescribed manner, and Section 447 deals with the punishment exposure for fraud itself. The forensic report can inform the case, but the legal reporting duty sits with the auditor.
How is a forensic audit different from an internal audit?
Internal audit under Section 138 is ongoing control monitoring, while a forensic audit is a targeted investigation into suspected irregularity. Internal audit asks whether controls work; forensic audit asks what happened and who benefited.
Can forensic-audit findings be used in NCLT proceedings or an FIR?
Yes, a forensic report can be used as supporting evidence in NCLT or a police or FIR process. It is not automatically conclusive proof, but it is often the documentary backbone for later action.
What access must a company give a forensic auditor?
The company should provide the books, ledgers, bank statements, emails, vouchers, and register extracts reasonably needed to perform the engagement. Section 143 and Section 128 support access to the underlying records, and refusal usually weakens the company’s position.

Canonical reference: https://www.pvtltd.co/services/forensic-audit

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Ready to move this filing forward?

We can help with the filing, the legal mapping, and the follow-up work that keeps the company compliant after submission.

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