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Haresh P Bhanushali & Co.Chartered Accountants

Co-operative Society Audit

Audit of co-operative societies as per the Co-operative Societies Act and state-specific regulations. Our expertise ensures statutory compliance and member confidence in society operations.

Audit of co-operative societies as per the Co-operative Societies Act and state-specific regulations. Our expertise ensures statutory compliance and member confidence in society operations.

Key Features

Financial statement audit as per Co-op Act
Membership records verification
Compliance with society bye-laws
Statutory returns preparation assistance
Dividend/interest distribution review
Reserve fund compliance verification

Our Process

1

Member Verification

Verify membership records and statutory registers

2

Financial Review

Audit income, expenses, loans, and fund management

3

Bye-law Compliance

Check adherence to society bye-laws and regulations

4

Return Preparation

Assist with statutory return filings and classification

Benefits

  • Full regulatory compliance with Co-op Act
  • Enhanced member confidence and trust
  • Transparent and accountable operations
  • Legal protection for management committee
  • Better audit classification (A, B, C grades)
  • Smooth regulatory inspections