Accounting Review for In-House Prepared Books — Examined. Corrected. Strengthened.
An independent review of accounts maintained in-house, identifying misstatement, weak controls and reconciliation gaps before the auditor does.
Book Free ConsultationA business with its own accountant does not need someone to redo the books. It needs someone to look at them independently — to check that the balances are real, the classifications are right and nothing has been quietly parked where it will not be noticed.
At N D Savla & Associates, we review in-house accounts for businesses in Nashik and across Maharashtra, either periodically through the year or once before the accounts go to audit.
A review is not an audit and does not carry an audit opinion. It is a diagnostic exercise: we look for the specific things that commonly go wrong — suspense balances, unreconciled control accounts, capital items in revenue, and provisions that were never made.
Our Accounting Review Services
Ledger Scrutiny
Examination of the ledgers for misclassification, duplication and unusual entries.
Reconciliation Review
Verification that bank, vendor, customer and statutory accounts are reconciled.
Control Account Testing
Agreement of subsidiary records with the control accounts in the ledger.
Cut-Off Testing
Checking that income and expenses fall in the correct accounting period.
Statutory Reconciliation
Agreement of turnover and input credits with the GST and TDS filings.
Internal Control Assessment
Assessment of authorisation, segregation and approval in the accounting process.
Correction Support
Preparation of the correcting entries and guidance to the in-house team.
Pre-Audit Review
A focused review before the accounts are handed to the auditor.
Our Review Process
Scope Agreement
The period, the areas of focus and the depth of the review are agreed.
Data Extraction
Trial balance, ledgers and supporting schedules are obtained for the period.
Examination
Balances, reconciliations and classifications are tested against the records.
Findings Report
Issues are reported with their effect on the accounts and how to correct them.
Correction and Follow-up
Corrections are passed and the process weaknesses behind them are addressed.
Why It Matters
Frequently Asked Questions
Not sure the books are right?
Give us the trial balance and the ledgers — we’ll tell you what is wrong and how to correct it.
