1. Accounting Services
Accurate and timely accounting is the foundation of sound decision-making.
We provide comprehensive accounting and bookkeeping services tailored for companies, LLPs, partnerships, and individuals.
Our offerings include:
- Complete bookkeeping and ledger management
- Accounts finalization and MIS reporting
- Preparation of financial statements as per applicable standards
- Tally and ERP-based accounting support
- Reconciliation and audit readiness reports
2. Auditing & Assurance Services
At H B M B & Associates LLP, we believe that an audit is not merely a statutory requirement — it’s an opportunity to assess, strengthen, and enhance business performance.
Our audit approach combines regulatory compliance, analytical review, and practical insight, ensuring transparency, accuracy, and efficiency across every engagement.
We provide a comprehensive range of Auditing & Assurance Services as outlined below:
Statutory & Company Audits
Every business entity, whether a private limited company, public limited company, LLP, Proprietary Firms or Trust must ensure its financial statements truly reflect its financial position and comply with applicable laws.
Our Statutory Audit services are designed to:
- Ensure compliance with the Companies Act, Accounting Standards (Ind AS), and Auditing Standards issued by ICAI.
- Evaluate internal controls and risk areas.
- Verify accuracy and completeness of financial statements.
- Provide management with actionable insights for operational improvement.
We adopt a structured audit methodology, using analytical procedures and compliance checklists to ensure reliability and consistency.
Tax Audits & Internal Audits
Tax Audits under Section 44AB of the Income Tax Act require careful evaluation of financial records and tax compliance. We conduct Tax Audits with meticulous attention to accuracy, ensuring full adherence to statutory requirements while identifying areas for optimization.
Internal Audits go a step beyond compliance — they help management strengthen internal processes, identify risks, and improve efficiency.
Our Internal Audit services include:
- Process evaluation and control testing
- Review of operational and financial risks
- Compliance with internal policies and statutory laws
- Practical recommendations for improvement
We follow a risk-based internal audit approach, providing value-added reports that help management enhance governance and performance.
Stock Audits & Process Audits
Effective inventory management is key to maintaining profitability and business control.
Our Stock Audits ensure the accuracy of physical stock vis-à-vis book records, detect pilferage or discrepancies, and validate valuation methods used.
We conduct Stock Audits for:
- Manufacturers, Traders, Retailers, and Warehouses
- Banks and Financial Institutions for collateral verification
- Internal corporate audits for inventory control and valuation
In addition, our Process Audits evaluate key business processes — procurement, production, sales, HR, and finance — to identify inefficiencies and recommend process improvements.
These audits are designed to bring operational clarity and cost efficiency, helping organizations streamline their workflows.
Special Purpose Audits
Certain business circumstances call for audits beyond the regular statutory framework — such as mergers, acquisitions, grant utilization, or specific management objectives.
Our Special Purpose Audit services include:
- Due diligence for mergers, acquisitions, and investments
- Certification audits for subsidies, government grants, or tenders
- Forensic and investigative audits
- Management-requested audits for specific financial or operational issues
- Fixed Assets Verification.
We design these audits around the unique objectives and reporting needs of each client, ensuring accuracy, independence, and confidentiality throughout.
Bank Statutory Audit
Banks play a vital role in the economy, and maintaining their financial integrity is crucial.
Our firm conducts Bank Statutory Audits in accordance with guidelines issued by the Reserve Bank of India (RBI) and Institute of Chartered Accountants of India (ICAI) to ensure that banks’ financial statements are true, fair, and compliant.
Our services include:
- Audit of balance sheets, profit & loss accounts, and key financial ratios
- Verification of advances, NPAs, interest income, and provisioning
- Review of compliance with RBI norms, prudential guidelines, and internal control systems
- Verification of investments, deposits, and capital adequacy
- Assessment of asset classification and income recognition
We follow a meticulous and structured audit process to help banks strengthen control systems, ensure compliance, and maintain stakeholder trust.
Why Choose Us for Auditing?
- Experienced team of Fellow Chartered Accountants (FCA)
- Structured and risk-based audit methodology
- Deep industry understanding across manufacturing, construction, pharma, and services
- Detailed, actionable audit reports with practical recommendations
- Commitment to integrity, confidentiality, and professional excellence
Our audit methodology focuses on risk identification, internal control evaluation, and practical recommendations to strengthen your organization.
3. GST Audit & Return Filings (GST Compliance and GST Audit)
Stay compliant and stress-free with end-to-end GST support.
Our services include:
- Monthly/Quarterly GST return filing (GSTR-1, GSTR-3B, etc.)
- Annual returns & GST audit (GSTR-9/9C)
- Input tax credit reconciliation and compliance reviews
- GST Refund Process and Support
- GST advisory for transactions, exports, and e-invoicing
- Representation for GST Appeals
4. Income Tax Advisory & Return Filings
Expert tax planning and filing services for:
- Individuals, HUFs, and Professionals
- Companies & LLPs
- Non-profit organizations, Trusts, and Charitable Institutions
We assist in:
- Income Tax Returns filing
- Tax computation and optimization
- Representation before authorities
- TDS & Advance Tax compliance
5. Procurement Digitization Consulting
Leveraging technology for smarter procurement.We provide consulting on Procure-to-Pay (P2P) and Source-to-Pay (S2P) digitization through robust eProcurement solutions integrated with SAP, Oracle, Infor, and other ERPs.
Our consulting includes:
- Process mapping and digital readiness assessment
- Vendor management & eRFQ setup
- Reverse Auction implementation
- Integration with ERP systems
- ROI & cost-saving analysis
6. Business & Company Formation Services
Setting up your business the right way.
We help with:
- Company (Private/Public Ltd.) & LLP formation
- Partnership firm registration
- Drafting MOA/AOA, LLP agreements
- PAN, TAN, GST registration, and other compliances
- Assisting in Setting Up Company in India by Foreign entities.
7. IPO Consulting & SME IPOs
From idea to listing — complete IPO handholding.
Our services include:
- SME IPO Advisory for BSE/NSE platforms
- Preparation of DRHP and financial statements
- Coordination with Merchant Bankers, R&T Agents, and Exchanges
- Compliance and audit support through the IPO process
8. Equity Funding & Loan Advisory
We assist in raising capital through:
- Equity Funding
- Secured & Unsecured Loans from Banks & NBFCs
- Financial Institution & Bank Liaison
- Project reports, CMA data preparation, and business plans
9. Foreign Accounts Outsourcing
Expand globally with our reliable outsourcing services.
We manage end-to-end accounting and compliance for international clients, including:
- Bookkeeping and reconciliations
- Tax compliance and reporting
- Payroll and vendor payment management
- Virtual CFO support