Our Services

Audit & Assurance

“PGAS is committed to delivering independent, efficient, effective, quality, comprehensive audit and assurance services.”

Our core philosophy is building trust among stakeholders—shareholders, regulatory authorities, or creditors.

Our services offer a clear snapshot of your company’s financial health, enabling management to make informed decisions for enhancing the company’s potential in both local and global markets.

Audit & Assurance Services

Enhancing Transparency, Strengthening Governance, Building Trust

In today’s competitive and regulated business environment, independent and reliable financial information is critical to decision-making, investor confidence, and long-term sustainability.

At PGAS & Associates, we provide comprehensive Audit and Assurance Services designed to deliver clarity, compliance, and confidence.
Our audits go beyond statutory requirements — we focus on value creation, risk management, and operational excellence.

With a team of experienced Chartered Accountants and professionals, we combine technical expertise, industry knowledge, and analytical insight to help clients strengthen internal controls, improve efficiency, and maintain regulatory compliance.

Our Audit & Assurance Offerings

Enhancing Transparency, Strengthening Governance, Building Trust

We provide independent, effective, and quality audit services to help businesses meet regulatory requirements and improve overall performance.

Statutory Audit / Financial Statement Audit

A Statutory Audit ensures that your company’s financial statements give a true and fair view of its performance and comply with applicable laws.

Our Services Include:

  • Statutory audits under Companies Act, 2013
  • Tax audit under Section 44AB of the Income Tax Act, 1961
  • Audit of trusts, societies, LLPs, and partnership firms
  • Bank audits (Concurrent, Revenue, and Stock audits)
  • Audit under other statutes (SEBI, IRDAI, Co-operative Acts)
  • Verification of internal financial controls (IFC)
  • Preparation and certification of audit reports as per accounting standards (Ind AS / IFRS)

Our Approach:
We focus on accuracy, compliance, and insight — identifying potential financial risks and providing practical recommendations for improvement.

Internal Audit

Driving Operational Efficiency and Control Effectiveness

An internal audit is not just a compliance activity, but a strategic management tool that enhances governance, risk management, and internal control processes

Our Internal Audit Services Include:

  • Comprehensive review of internal control systems and SOPs
  • Process and compliance audits for key business functions (procurement, HR, sales, inventory, etc.)
  • Verification of financial and operational efficiency
  • Detection of control gaps, leakages, and inefficiencies
  • Forensic audit support and investigation of irregularities
  • Compliance reviews under corporate, labour, and tax laws
  • Preparation of Internal Audit Reports with practical recommendations

Value Addition:
Our reports not only highlight control weaknesses but also provide actionable insights for performance improvement and risk reduction.

Risk Advisory & Governance

Proactive Risk Management for Sustainable Growth

Risk is inevitable — but with the right strategy, it can be managed, mitigated, and turned into opportunity.

Our Risk Advisory Solutions Include:

  • Enterprise Risk Management (ERM) framework design
  • Operational and process risk assessment
  • Risk-based internal audit planning
  • Internal Financial Controls (IFC) testing and reporting
  • Fraud Risk Assessment and Forensic Investigations
  • Corporate governance reviews
  • SOP & policy manual preparation and implementation

Outcome:
We help organizations move from reactive risk management to proactive, data-driven decision-making, ensuring resilience and accountability.

Other Specialized Audit Services

GST Audit & Compliance Review

  • Review of GST input tax credits, reconciliations, and returns
  • Identification of non-compliance or missed credits
  • Audit and certification under Section 35(5) (where applicable)
  • Assistance in departmental audits and notices

Management & Operational Audit

  • Performance review of business units and departments
  • Cost control, inventory management, and margin analysis
  • Benchmarking and process efficiency review
  • Recommendation for productivity and profitability improvement

Stock, Revenue & Fixed Asset Audits

  • Verification of inventory and stock valuation
  • Review of sales realization, pricing, and discounts
  • Fixed asset register verification and tagging
  • Reconciliation of physical vs. book records

Forensic & Investigation Audit

  • Investigation of fraud, misappropriation, or irregularities
  • Transactional and pattern-based forensic testing
  • Reporting with evidence for legal or disciplinary action

Due Diligence & Compliance Audit

  • Financial due diligence for M&A and investor transactions
  • Statutory and regulatory compliance checks
  • Verification of key financial ratios and covenant compliance

Our Audit Approach

At PGAS & Associates, our audit methodology is based on four key pillars:

Planning & Risk Assessment

Understanding business processes and key risk areas

Execution & Testing

Conducting detailed analytical and substantive testing

Evaluation & Reporting

Summarizing findings with practical recommendations

Follow-up & Monitoring

Reviewing implementation of audit recommendations

Our goal is to deliver not just compliance, but value-added assurance that enhances governance and business performance.

Why Choose PGAS & Associates?

Experienced Audit Professionals
Qualified Chartered Accountants with diverse industry expertise.
Technology-Driven Audits
Use of data analytics, sampling, and automated tools for better insights.
Comprehensive Coverage
From compliance audits to risk advisory under one roof.
Value-Centric Approach
We focus on improving internal systems and decision-making.
Confidentiality & Independence
Maintaining complete objectivity and professional ethics.

Our Deliverables

Industries We Serve

Manufacturing & Engineering

FMCG & Retail

Construction & Real Estate

IT & Software Services

Pharmaceuticals & Healthcare

NBFCs & Financial Services

Educational Institutions & NGOs

Startups & MSMEs

Building Confidence Through Assurance

At PGAS & Associates, we believe an effective audit is more than a regulatory exercise — it’s a tool for growth, trust, and better governance.
Our commitment to excellence, independence, and insight-driven audits helps clients achieve transparency, accountability, and sustained success.

📞 Contact us today to discuss:

  • Statutory or Tax Audits
  • Internal Audit & Risk Review
  • Process Efficiency or Governance Advisory

Why choose PGAS & Associates ?

Prioritizing active engagement to ensure compliance with statutory and regulatory requirements while delivering constructive, value-added outcomes.

Our auditing services go beyond mere compliance and align with your organizational objectives to drive impactful outcomes.

Our Approach

Our primary focus areas are

  • Deep understanding of client’s business
  • Robust risk assessment and diagnostic process
  • Tailored audits procedures
  • Quality-focused
  • Efficiency and compliance
  • Consistent adherence to pre-determined timelines