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Year End Close and Audit Readiness

The gap between books being finished and books being auditable is where most of March and April goes. Auditors raise queries, someone reconstructs a schedule from memory, and sign-off slips into September.

Per year end delivery
CA-led team
50% upfront, 50% on delivery

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Transparent 3-tier pricing

Pick the speed and depth that matches your need. Same quality, same CA team — only the timeline changes.

starter

29,99939,999

Timeline: Per year end

Year end close
All reconciliations to 31 March
Draft financial statements
Full audit pack with schedules
Fixed asset register updated
GST and TDS reconciled to filed returns
Gratuity and leave provisioning
AOC-4, MGT-7 and ITR-6 filing
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standard

59,99979,999

Timeline: Per year end

Year end close
All reconciliations to 31 March
Draft financial statements
Full audit pack with schedules
Fixed asset register updated
GST and TDS reconciled to filed returns
Auditor query support
AOC-4, MGT-7 and ITR-6 filing

pro

1,19,9991,49,999

Timeline: Per year end

Everything in Growth
Gratuity and leave provisioning on the new wage base
Related party documentation
AOC-4 and MGT-7 filing
ITR-6 filing
Tax audit coordination where applicable
Prior year comparatives restated
Named CA on your file

Government fee — paid by you at actuals

MCA filing fees on AOC-4 and MGT-7, and any additional fee where a form is late, are paid at actuals. The statutory audit is a separate engagement by an independent auditor and its fee is not inside any plan here — that separation is deliberate, since we prepare and they audit.

Every price above is a professional fee, excluding GST and government charges. 50% on delivery.

All fees and charges listed are indicative only and do not constitute a binding offer. Final amounts may vary depending on the volume of work and the complexity involved.

How it works

January

Start early

A close prepared from January is orderly. One started in April is archaeology, and it costs more in both our fees and your auditor’s.

March-April

Close the books

Every bank account reconciled to 31 March, receivables and payables agreed and aged, inventory counted and valued, fixed assets updated, prepayments and accruals booked.

April-May

Provisions and reconciliations

Gratuity, bonus and leave encashment provisioned on the higher wage base under the new Labour Codes, related parties identified, and GST and TDS reconciled to the returns actually filed.

Handover

The audit pack

Trial balance, draft financials, every reconciliation, schedules for each material balance, ageing analyses and statutory dues reconciliations, handed over as one set.

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Documents required

Complete accounting file for the financial year
Bank statements and confirmations to 31 March
Inventory count sheets and valuation basis
Fixed asset additions, disposals and invoices
Loan statements and interest certificates
GST returns filed for the year, and GSTR-2B
TDS returns and challans
Details of related parties and transactions with them

Why CorporateWalla®?

Fewer queries, faster sign-off

An auditor who receives a full pack raises fewer queries and signs faster. An auditor who receives a trial balance and a shrug does the opposite, and bills accordingly.

GST and TDS tied to filed returns

That reconciliation is where most audit queries originate, and it is the one most often left until the auditor asks.

Provisions on the new wage base

Gratuity and leave provisioning changes under the 50 per cent wage rule, and fixed-term employees now qualify for gratuity after one year. Both need recomputing rather than rolling forward.

Audit is mandatory regardless

Every company needs a statutory audit whatever its turnover. Tax audit under the Income Tax Act is separate and threshold-based.

The OPC works to different dates

AOC-4 is due 180 days from year end, which is 27 September for a 31 March year end, not 30 days after an AGM the OPC never has to hold.

We prepare, they audit

We work alongside your existing auditor rather than replacing them. That separation is the point of the engagement.

Frequently asked questions

Yes, regardless of turnover. Tax audit under the Income Tax Act is separate and threshold-based.

Year End Close in major cities

Pan-India coverage — we serve 13+ Tier-1 cities and growing

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