• banner
  • banner
  • banner

Audit & Assurance

V N V's commitment to excellence is showcased across diverse industrial segments, exemplifying the comprehensive scope of our Statutory Audit function. The ever-evolving global business landscape, marked by dynamic laws, regulations, and economic shifts, underscores the paramount importance of statutory audits across various statutes, particularly those mandated under corporate and tax laws.
In compliance with various statutes, our approach goes beyond mere financial reporting to encompass extensive disclosures, requiring a meticulous analysis of organizations' financial statements independently. At V N V , we conduct a thorough analysis of financial statements, grounded in a deep understanding of the business and market factors influencing the organization. Our audit approach is tailored to meet the unique needs of each client, ensuring a customized and effective examination.
Our audit services transcend the traditional boundaries of financial reporting. We believe that an audit should not be confined to the retrospective review of historical data but should also furnish pertinent insights into impending risks. While the overarching objective remains consistent—to assure stakeholders of the fairness of financials—the approach and methodology are customized to accommodate the diverse industries and business models we serve.
With several years of dedicated service, V N V has navigated the full spectrum of industries, including manufacturing, trading, contracting, infrastructure, FMCG, and IT services. Our experience across these diverse sectors positions us as a trusted partner in delivering tailored and insightful statutory audit services that instill confidence in stakeholders and contribute to the overall success of our clients
 
 
Statutory Audits  Under The Companies Act
 Under Income Tax Act
 Under Goods & Service Tax Act
 Under Bombay Public Trusts Act
 Under Co-operative Society Acts
 Of Companies adopted IndAS
 Of All types of establishments such as Proprietor, AOP,
 Partnership, LLP, Trust, JV & Co-op Society
 
Certifications  Under Various Regulatory and Tax Statutes as above
 Tender Certificates
 Business Valuations
 Other Various certificates required in routine course of
 business
 

News & Events

02/04/2025
GST Advisory for Biometric-Based Aadhaar Authentication and Document Verification for GST Registration Applicants of Assam
Gross and Net GST revenue collections for the month of Mar, 2025
President Murmu asks RBI, banks to guard against e-frauds
31/03/2025
NFRA flags lapses in audit quality of three Audit Firms
28/03/2025
CA final exams to be held thrice a year from this year - ICAI
27/03/2025
RBI imposes Rs.75 lakh penalty on HDFC Bank, Rs.68.2 lakh on Punjab & Sind Bank
Bank Branch Audit 2025 Updates - Panel to Banks
24/03/2025
SC allows Audit Regulator NFRA to initiate proceedings against CAs
RBI approves hike in ATM interchange fees
 
01/04/2025
Master Circular - Housing Finance for UCBs
Master Direction - Reserve Bank of India (Interest Rate on Deposits) Directions, 2025
Master Circular – Housing Finance
Master Circular - Bank Finance to Non-Banking Financial Companies (NBFCs)
Master Circular - Income Recognition, Asset Classification, Provisioning and Other Related Matters - UCBs
Master Circular - Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances
Master Circular - Guarantees and Co-acceptances
Master Circular - Guarantees, Co-acceptances & Letters of Credit - UCBs
Master Direction – Facility for Exchange of Notes and Coins
Reserve Bank of India (Classification, Valuation and Operation of the Investment Portfolio of Commercial Banks) Directions, 2023
Master Circular - Prudential Norms on Capital Adequacy - Primary (Urban) Co-operative Banks (UCBs)
Master Direction on Counterfeit Notes, 2025 – Detection, Reporting and Monitoring
Master Circular – Basel III Capital Regulations
Master Circular on Board of Directors - UCBs
Master Circular on Conduct of Government Business by Agency Banks - Payment of Agency Commission
Master Circular - Disbursement of Government Pension by Agency Banks
Master Direction – Scheme of Penalties for bank branches and currency chests for deficiency in rendering customer service to the members of public
Master Direction on Penal Provisions in reporting of transactions / balances at Currency Chests
Master Circular – Lead Bank Scheme
Master Circular - Credit facilities to Scheduled Castes (SCs) & Scheduled Tribes (STs)
Master Circular – Deendayal Antyodaya Yojana - National Rural Livelihoods Mission (DAY-NRLM)
Master Circular on SHG-Bank Linkage Programme
29/03/2025
Revised norms for Government Guaranteed Security Receipts (SRs)
Special Clearing Operations on March 31, 2025
27/03/2025
General Notification for Sale and Issue of Government of India Securities (including Treasury Bills and Cash Management Bills)
Gold Monetization Scheme (GMS), 2015 - Amendment
Master Direction – Reserve Bank of India (Prudential Norms on Capital Adequacy for Regional Rural Banks) Directions, 2025
Master Directions - Reserve Bank of India (Priority Sector Lending – Targets and Classification) Directions, 2025
Priority Sector Lending Certificates
Review of Priority Sector Lending (PSL) Target – Urban Co-operative Banks (UCBs)
Currency Chest operations on March 31, 2025
21/03/2025
Treatment of Right-of-Use (ROU) Asset for Regulatory Capital Purposes
Amortisation of additional pension liability - Implementation of Pension Scheme in Regional Rural Banks with effect from November 1, 1993 - Prudential Regulatory Treatment
Reserve Bank of India (Financial Statements - Presentation and Disclosures) Directions, 2021: Clarifications
17/03/2025
Asian Clearing Union (ACU) Mechanism – Indo-Maldives trade
Annual Closing of Government Accounts – Transactions of Central / State Governments – Special Measures for the Current Financial Year (2024-25)
Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/1989 ISIL (Da'esh) & Al-Qaida Sanctions List: Amendments in 12 Entries