Deliver statutory & tax audits with
tamper-evident workpapers & CARO 2020 controls.
Pyngyn ClientSpace powers modern audit practices: Companies Act statutory audits, Form 3CD tax audits, substantive vouching, and EQCR partner sign-offs in one audit-ready workspace.
Starting at ₹499/mo ($29/mo) · Built for statutory & internal audit teams · No credit card required
Why audit engagements stall right before the signing date
Audit assurance teams waste hundreds of hours chasing unlinked trial balance schedules and open query responses.
Unresolved client audit queries stalling final report signing
Open audit observations and pending trial balance schedules sit unanswered in email threads while statutory signing deadlines rapidly approach.
Disorganized working papers risking peer-review & NFRA exposure
Unlinked spreadsheets, loose notes, and unverified lead schedules create severe non-compliance liabilities during external quality inspections.
Form 3CD clause verification consuming weeks of manual effort
Cross-checking 44 separate tax audit clauses against raw client general ledgers drains hundreds of senior auditor and manager hours.
Inadequate evidence trails for CARO 2020 physical inspections
Documenting fixed asset physical verifications, working capital limits, and inventory records on disparate files leaves audit teams vulnerable.
Concurrent bank audit fieldwork delays & calculation errors
Teams conducting branch concurrent audits struggle to compute drawing power (DP) and verify loan covenants without standardized testing templates.
Delays in securing signed Management Representation Letters (MRL)
Audit partners cannot issue the final independent auditor's report because signed management representations and confirmations remain pending.
Standardized programmes from field vouching to final sign-off.
Maintain peer-review audit quality and working paper integrity across all assurance engagements.
Statutory Companies Act Audits & CARO 2020
Pre-structured audit programmes aligned with Companies Act 2013 disclosures, CARO 2020 reporting requirements, and Schedule III balance sheet presentation.
Section 44AB Form 3CD Workpapers
Dedicated 44-clause verification modules, depreciation schedule checks, Section 40A(3) cash expense limits, and quantitative stock reconciliation tests.
Substantive Fieldwork & Sample Vouching
Ledger transaction sampling tools, vouching checklists, cutoff testing documentation, and unadjusted audit observation registers.
Internal Financial Controls (IFCoR) Matrices
Risk-control matrices (RCM), process walkthrough documentation, operating effectiveness testing, and deficiency remediation tracking.
Bank Concurrent & Stock Inspection Audits
Drawing Power (DP) calculation worksheets, physical stock inspection logs, collateral valuation verifications, and NPA provisioning audits.
Engagement Quality Control Review (EQCR) & MRLs
Independent EQCR partner sign-off gates, draft audit query clearance, and digital Management Representation Letter (MRL) intake.
Audit practice questions, answered.
How does Pyngyn support Form 3CD tax audit schedules?
Pyngyn provides standardized clause-by-clause Form 3CD verification modules. Teams can record observations, attach ledger evidence, and track manager reviews for all 44 clauses.
Can audit teams record and resolve audit observations with clients?
Yes. Query registers allow auditors to flag draft findings, request client management explanations, and record partner clearance notes directly on the audit file.
Does Pyngyn maintain tamper-evident audit trails for peer reviews?
Yes. Every working paper, reviewer comment, and sign-off is logged with unalterable timestamps and user IDs, ensuring complete audit readiness for ICAI peer review.
How does Pyngyn help with concurrent bank audits and drawing power?
Pyngyn includes built-in calculation templates for drawing power, stock statement vetting, and overdue loan accounts, allowing concurrent audit teams to submit clean reports faster.
Take control of statutory audits, Form 3CD, and CARO 2020 workflows.
Book a 30-minute practice walkthrough. See how Pyngyn standardizes audit working papers and ensures peer-review readiness.
Tailored to statutory audit & assurance practices · 30-minute walkthrough · No commitment