Accounting Review Services
Keep your bookkeeper. We check the output — before the auditor, the assessing officer or an investor does.
An accounting review is an independent examination of books maintained by your own team or by another firm, designed to find what is wrong before someone else does. It is not a statutory audit and carries no opinion. The deliverable is a written list of misclassifications, unreconciled balances, GST and TDS exposures and control gaps, ranked by what each one is likely to cost if it is left alone.
What an accounting review covers
Testing, not opinion — and a fix list at the end.
- Bank, cash and control account reconciliation testing
- Revenue and expense classification review against the chart of accounts
- GSTR-2B, GSTR-3B and books reconciliation with input credit exposure
- TDS applicability, rate and deposit review against payments made
- Related party, director and cash transaction review
- A written findings report with the correction each item needs
What we test
Four areas where errors cluster.
Reconciliations
Whether balances are genuinely agreed or merely carried forward, which is the difference most reviews turn on.
Classification
Capital versus revenue, expense heads, and whether the account structure supports the reporting the business needs.
Tax exposure
Input credit that cannot be substantiated, TDS not deducted or deducted at the wrong rate, and mismatches waiting to become notices.
Findings report
Each issue with its cause, its likely cost and the correcting entry or process change it requires.
Our process
A defined engagement with a defined output.
Scoping
Agreeing the period, the entities and the depth of testing before any data moves.
Data extraction
Ledgers, bank statements, GST returns and TDS records pulled into a working set.
Testing
Reconciliation, classification and tax testing against the underlying documents.
Findings and walkthrough
A written report, followed by a session with your team on how each item gets fixed.
Why a review is worth doing between audits
What sets our approach apart.
An audit tests fairness, not usefulness
A clean audit report says the statements are not materially misstated; it does not say the books are reconciled, well classified or fit for management reporting.
Errors compound quietly
An unreconciled control account or a wrongly claimed credit sits in the ledger for years, and the cost of unwinding it grows with every period that closes on top of it.
Cheaper than switching
Most businesses assume bad books mean changing their accountant. Often the process is the problem, and a review identifies which it is before you spend on a migration.
Accounting Review Services questions answered
What people ask before engaging us.
Suspect something is wrong but cannot name it?
A scoped review will tell you what is actually broken and what it costs to leave.
