CORAA automates the most complex and समय-consuming NBFC ऑडिट प्रक्रियाएँ, from IRACP NPA testing to interest income reversal verification, सभी from a single Tally डेटा import.
RBI regulation layered on top of the Companies Act.
NBFC ऑडिट require both banking expertise and deep नियामक knowledge, and every वर्गीकरण call has direct P&L impact.
RBI IRACP
NPA वर्गीकरण
RBI's Income Recognition and Asset वर्गीकरण and प्रोvisioning norms require precise NPA stएजिंग based on दिन past due. Manual वर्गीकरण across thousands of loan खाते is error-prone and समय-consuming.
प्रोvisioning
मटीरियलिटी at stake
Each NPA category (Sub-मानक, Doubtful 1/2/3, Loss) carries different provisioning rates. Even a small misclassification has a material impact on the P&L and capital adequacy ratios.
Income recognition
Interest income reversal
For NPA खाते, interest must be reversed from income and credited to a suspense खाता. Verifying this across a large portfolio requires cross-referencing लेजर entries against the NPA status for each खाता.
RBI returns
Form मिलान
NBFC returns filed with RBI (NBS-1, NBS-2, etc.) must reconcile with audited वित्तीय विवरण. Discrepancies trigger RBI queries, identifying them before filing requires tedious manual cross-referencing.
How Coraa addresses them
One Tally import. every loan खाता in scope.
Automated लेजर जाँच across सभी loan and deposit खाते
GST and TDS मिलान for fee income and expense खाते
Bank मिलान across multiple खाते simultaneously
Interest income verification, earned vs received vs reversed
प्रोvisioning calculation cross-check against IRACP norms
Related party loan and deposit identification and testing
वाउचिंग with AI-assisted document matching
100% transaction coverage, no सैम्पलिंग gaps
Working papers generated automatically with full ऑडिट ट्रेल
NFRA-ready documentation for सूचीबद्ध NBFC क्लाइंट
How it works
From Tally import to exception समीक्षा.
चरण 01
Import Tally डेटा
Export the क्लाइंट's Tally डेटा and upload to Coraa. One-समय सेटअप per एंगेजमेंट. सभी loan, deposit, income, and expense लेजर are imported together.
चरण 02
AI runs सभी प्रक्रियाएँ
लेजर जाँच, मिलानs, NPA indicator screening, interest verification, related party flagging, सभी run simultaneously in मिनट.
चरण 03
समीक्षा and sign off
Coraa generates an exception queue and pre-populated वर्किंग पेपर्स. Your टीम समीक्षाएँ exceptions, adds conclusions, and signs off.
शुरू करें your first NBFC ऑडिट
Run your first NBFC एंगेजमेंट on Coraa.
मुफ्त 14-दिन ट्रायल. नहीं credit card. India-hosted. DPDPA compliant.
