Brahvex Audit · Statutory Audit
Statutory audit, from engagement letter to signed report.
One workspace for the partner, the audit team and the client's finance team — built on the Companies Act 2013, the Standards on Auditing, CARO 2020 and Ind AS.
The problem it solves
Statutory audits in most firms still run on folders of Excel working papers, emailed data requests and checklists copied from last year. Review notes get lost, sampling is hard to evidence and the partner sees the state of the file only at the end. Brahvex Audit puts the whole audit in one place, so every step, sample and review is visible and defensible.
Key capabilities
Engagement and planning
- Command centre showing every engagement, its stage, open review notes and pending client data.
- Audit programme built from the client profile, with steps referenced to the Standards on Auditing.
- Materiality worksheet and risk assessment linked to the programme.
Fieldwork
- Working papers with preparer and reviewer sign-off and a full version history.
- Statistical and non-statistical sampling with sample-size workings.
- Confirmations module for debtors, creditors, banks and lawyers.
- Tally and ERP data import for journal testing, ledger scrutiny and ratio analysis.
Reporting
- CARO 2020 checklist with clause-by-clause workings and auto-populated report.
- Financial statement preparation with Ind AS disclosures.
- Audit report, management letter and representation letter templates.
- UDIN generation and partner sign-off workflow.
Who it is for
- CA firms conducting statutory audits of companies
- Firms handling tax audits and limited reviews
- Partners who want real-time visibility of every file
Outputs
- Audit report and management letter in Word
- CARO 2020 report
- Working paper file in Excel
- Financial statements with Ind AS disclosures
Important: Brahvex Audit supports the audit process. Audit judgements and the signed report remain the responsibility of the statutory auditor.