The Classic Partners LLP
Society Auditor Services
Statutory audit of co-operative societies under the applicable Co-operative Societies Act. We help managing committees keep accounts accurate and meet Registrar requirements.
Talk to a Society AuditorWhat is a Society Audit?
A society audit is the statutory examination of a co-operative society's accounts by an empanelled auditor, as required under the relevant Co-operative Societies Act and rules.
It covers housing societies, credit societies, and other co-operatives, ensuring members' funds are properly accounted for and the society complies with bye-laws and the Registrar's requirements. We handle the audit and the related reporting.
Who Needs Society Audit?
- Co-operative housing societies.
- Credit and urban co-operative societies.
- Consumer and producer co-operatives.
- Managing committees seeking compliant audits.
Our Society Audit Services
Statutory Society Audit
Examination of accounts under the Co-operative Societies Act.
Audit Report & Classification
Preparing the report and audit classification.
Account Finalisation
Help finalising income, expenditure, and balance sheet.
Bye-Law Compliance
Checking adherence to bye-laws and rules.
Registrar Filings
Support with filings to the Registrar's office.
Committee Advisory
Guidance for managing committees on compliance.
Why Choose The Classic Partners
- Qualified Chartered Accountants with hands-on audit and assurance experience.
- End-to-end support — from documentation and verification to final reporting.
- Timely delivery so you meet statutory and lender deadlines without stress.
- Transparent fees and a single dedicated point of contact.
Frequently Asked Questions
Is audit mandatory for a co-operative society?
Yes. Co-operative societies are generally required to have their accounts audited every financial year under the applicable Co-operative Societies Act.
Who can audit a co-operative society?
Audits are conducted by auditors empanelled or approved under the relevant state Co-operative Societies framework, including qualified Chartered Accountants.
What is audit classification?
After the audit, the society is assigned an audit class (such as A, B, C, or D) reflecting the quality of its accounts and compliance.
What records does a housing society need for audit?
Typically the cash and bank books, members' ledgers, maintenance and sinking fund records, vouchers, registers, and the previous audit report.
Can you help with pending or delayed society audits?
Yes. We assist societies in clearing backlog audits and bringing their accounts and filings up to date.
Need a Society Audit?
Get a compliant co-operative society audit handled by experienced professionals.
Contact Us