Audit and Assurance (Statutory, Internal Audits, Utilization Certificates and Agreed Upon Procedures)
Audit and Assurance (Statutory, Internal Audits, Utilization Certificates and Agreed Upon Procedures)
Audit and assurance services at Singh Gulati & Associates for the development sector go beyond compliance—they provide credibility, transparency, and trust to donors, regulators, and beneficiaries. From statutory audits mandated by law to donor-driven utilization certificates, these services ensure that funds are managed effectively and responsibly.
By integrating statutory requirements with donor-specific expectations, independent audits give NGOs, trusts, and societies the assurance needed to secure future funding, maintain regulatory compliance, and strengthen governance practices.
About This Service
Our audit and assurance services at Singh Gulati & Associates cover the entire spectrum of requirements for development organizations, including statutory audits under the Societies Act, Trust Act, and Companies Act (Section 8 companies). These audits validate financial statements, ensuring compliance with accounting standards and regulatory mandates.
We also perform internal audits to assess the effectiveness of internal controls, governance structures, and operational processes. This enables NGOs to identify gaps, enhance accountability, and safeguard donor resources.
For donor-funded projects, utilization certificates (UCs) are often required to demonstrate proper fund usage. We provide independent verification of expenditures and certify UCs, giving donors confidence in the integrity of financial reporting.
Additionally, we conduct Agreed Upon Procedure (AUP) engagements tailored to donor or management requirements, offering focused assurance on specific areas such as procurement, project expenses, or compliance. This combination of services ensures comprehensive accountability across all aspects of NGO operations.
Key Features / Scope of Work
Statutory audits of NGOs, trusts, societies & Section 8 companies.
Internal audits to enhance governance, controls, and accountability.
Verification and certification of donor utilization certificates (UCs).
Audit of donor-funded projects to ensure transparency of fund usage.
Agreed Upon Procedure (AUP) engagements for specific assurance needs.
Compliance with accounting standards and legal frameworks.
Strengthening credibility with donors, regulators, and stakeholders.
Enhancing transparency, governance, and sustainability of NGO operations.
- Development Sector Advisory
- CSR Policy Review, Compliance, Spend verification and Impact Assessment
- NGO’s due diligence & Donor Reporting
- Project Audits & Monitoring and Evaluation
- FCRA Audit and Compliances
- NGOs Registration, Assessment and Governance Advisory
- Workshops and Training
- Audit of Agreed Upon Procedures (AUPs)
- Audit and Assurance (Statutory, Internal Audits, Utilization Certificates and Agreed Upon Procedures)
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