K. D Associates adopts a structured and thorough approach to conduct society audits, ensuring minimal disruption to the society’s routine operations while providing an in-depth examination of its financial practices and compliance status. Our process includes:

Preliminary Assessment:

We start with a preliminary assessment to understand the society’s accounting practices, financial systems, and specific areas of concern.

Document Review:

Our team meticulously reviews financial statements, bank statements, bills, receipts, and transaction records to ensure accuracy and compliance with accounting standards.

Compliance Check:

We assess the society’s adherence to statutory regulations and Bye-Laws, including those related to maintenance charges, fund allocations, and statutory filings.

Operational Efficiency Analysis:

Besides financial scrutiny, we evaluate the efficiency of the society’s operational procedures that impact financial health, like vendor management and maintenance work.

Report and Recommendations:

We compile our findings into a comprehensive audit report, highlighting areas of compliance, discrepancies, if any, and providing actionable recommendations for improvement.