Overview
Overview
Non-profit entities have audit and reporting obligations under income-tax and the law under which they are registered, and FCRA where foreign contributions are received.
We audit their accounts, prepare the required reports and help maintain the conditions for exemption.
Who this is for
- Charitable and religious trusts
- Registered societies
- Section 8 companies
- Educational and medical institutions
Scope of work
The precise scope is confirmed in writing for each engagement. It typically includes:
- Audit of accounts
- Audit report in the prescribed form (e.g. Form 10B/10BB)
- Utilisation and accumulation review
- Grant utilisation certificates
- FCRA reporting support
Documents usually required
- 01Trust deed or bye-laws and registrations
- 02Books of account and bank statements
- 03Donation and grant records
We share a checklist specific to your case. Please do not send identity or financial documents by email — existing clients can upload them securely through the client portal.
How we work
- 1
Engagement acceptance
Independence checks, engagement letter and agreement on scope, timelines and reporting.
- 2
Planning & risk assessment
Understanding the entity, its controls and the areas that need the most attention.
- 3
Fieldwork
Testing of transactions, balances and controls, on-site or remotely, with regular status updates.
- 4
Discussion of findings
Observations are discussed with management before the report is finalised.
- 5
Reporting
Issue of the report in the applicable format, along with a management letter where relevant.
Frequently asked questions
Is an audit needed even with small income?
Audit requirements depend on the governing law, the entity's income and its registrations. We confirm what applies to you.
Last updated 11 Oct 2026. This page is general information, not professional advice. Applicability depends on your facts and the law in force; we do not guarantee any particular outcome, saving, registration or approval.