Audit check list format and compliance sheet for fy 18-19

Can someone help me by posting latest Audit Check List Format and Compliance Sheet for FY 18-19.


Pallavi Kanchiraju

Financial consultant

Kindly specify the audit checklist and compliance checklist for which Industry. As both the checklist would be industry specific.


Dear Mam,

it is for statutory audits 


i want statutory audit checklist and format 

Financial consultant

Kindly refer to the below mentioned link

Further industry is required as the audit program will change as per the industry like checklist of hospital industry will be different from education industry.

Steps involved in Statutory audit would be :

1. Audit planning - By obtaining knowledge about the client and doing risk assessment

2. Execution - Will involve audit program of the respective areas (Focus on the high risk areas) by taking proper sample

3. Compliance - Review of the Statutory compliance 

4. Audit completion - The matters to be reported. Specific focus on the CARO and Internal Financial Controls




Total likes : 2 times

paid assistant

Here is the things to do in Statutory audit ( as far as i remember)

1. Check whether previous year closing balances have been correctly brought in current year

2. Check whether TDS have been properly deducted and paid within due dates including TDS Return

3. check whether ESI and EPf is applicable and if yes , then whether deducted and paid at correct rate with due date

4 Check Whether TDS and TCS have been deducted for all applicable cases

5. Check whether payment has been made for expenses mentioned under rule 43B, if not then disallow such expenses

 6. Check the vouchers (atleast sample checking) with the books of Accounts

7. Check all the bank statements with Books of Accounts, including Whether BRS is properly matching

8. External Party confirmations for Big Parties  (optional)

9. further Ledger Scrutiny ( i.e open and see the ledgers for any suspicions ledgers or transactions)

10. See whether any cash payment exceeding Rs 10,000 is made to a single party in a single day

Total likes : 1 times

Financial consultant

Yes, true but most of the points you are referring are related to Tax audits. 

Kindly refer to the Auditing Standards issued by ICAI for reference.




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