Ensuring Transparency & Compliance in Co-operative and Registered Societies
Every Co-operative Housing Society, Registered Society, or Welfare Association in India is required to maintain proper books of accounts and undergo an annual audit to ensure transparency, accountability, and compliance with the applicable state laws (e.g., Maharashtra Co-operative Societies Act, 1960, or respective State Society Registration Acts).
At A.K.S. & Associates, we offer professional Society Audit Services to ensure your society meets all statutory audit requirements, maintains financial integrity, and avoids regulatory issues.
Our Society Audit Services Include:
✅ Statutory Audit of Co-operative Housing Societies
- Conducting the annual audit as per the guidelines of the Registrar of Co-operative Societies
- Preparation and verification of Receipts & Payments, Income & Expenditure Accounts, and Balance Sheet
- Compliance with bye-laws, maintenance bills, member dues, reserve funds, and other financial provisions
- Filing of Audit Report in the prescribed format within due timelines
✅ Audit of Registered Societies & Welfare Associations
- Audit for Educational, Charitable, Cultural, and Religious Societies under the Societies Registration Act, 1860
- Verification of donations, grants, subscription income, and utilization of funds
- Reporting on internal controls, misappropriations, or any financial irregularities
✅ Support with Registrar Compliance
- Filing of audit-related forms and returns with the Registrar of Societies / Co-operatives
- Guidance on record-keeping, minutes of meetings, and annual general meeting (AGM) documentation
- Assistance in responding to audit remarks or compliance notices
Why Society Audit Matters
- Ensures legal compliance and avoids penalties
- Enhances financial transparency for members
- Builds trust and credibility among stakeholders
- Helps in maintaining records required for loans, grants, and property disputes
Why Choose A.K.S. & Associates for Society Audits?
With deep domain experience in society management and compliance, A.K.S. & Associates brings professionalism, accuracy, and timeliness to every audit engagement. Whether you’re managing a housing society, a charitable trust, or a community association, we ensure your financials are accurate and compliant.
📞 Contact us today for a consultation and secure your society’s compliance and financial integrity.