CORAA automates the most complex and time-consuming NBFC ఆడిట్ ప్రక్రియలు, from IRACP NPA testing to interest income reversal verification, all from a single Tally data import.
RBI regulation layered on top of the కంపెనీలు Act.
NBFC ఆడిట్s require both banking expertise and deep regulatory knowledge, and every classification call has direct P&L impact.
RBI IRACP
NPA classification
RBI's Income Recognition and Asset Classification and Provisioning norms require precise NPA staging based on days past due. Manual classification across thousands of loan accounts is error-prone and time-consuming.
Provisioning
Materiality at stake
Each NPA category (Sub-Standard, 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 accounts, interest must be reversed from income and credited to a suspense account. Verifying this across a large portfolio requires cross-referencing లెడ్జర్ entries against the NPA status for each account.
RBI returns
Form సరిపోలిక
NBFC returns filed with RBI (NBS-1, NBS-2, etc.) must reconcile with ఆడిట్ed financial statements. Discrepancies trigger RBI queries, identifying them before filing requires tedious manual cross-referencing.
How Coraa చిరునామాes them
One Tally import. every loan account in scope.
Automated లెడ్జర్ స్క్రుటినీ across all loan and deposit accounts
GST and TDS సరిపోలిక for fee income and expense accounts
Bank సరిపోలిక across multiple accounts simultaneously
Interest income verification, earned vs received vs reversed
Provisioning calculation cross-check against IRACP norms
Related party loan and deposit identification and testing
వౌచింగ్ with AI-సహాయక document matching
100% transaction coverage, no sampling gaps
వర్కింగ్ పేపర్లు generated automatically with full ఆడిట్ ట్రెయిల్
NFRA-ready documentation for listed NBFC clients
How it works
From Tally import to exception review.
దశ 01
Import Tally data
Export the client's Tally data and upload to Coraa. One-time setup ఎంగేజ్మెంట్కు. అన్నీ loan, deposit, income, and expense లెడ్జర్లు are imported together.
దశ 02
AI runs all procedures
లెడ్జర్ scrutiny, సరిపోలికలు, NPA indicator screening, interest verification, related party flagging, all run simultaneously in minutes.
దశ 03
Review and sign off
Coraa generates an exception queue and pre-populated వర్కింగ్ పేపర్లు. Your team reviews exceptions, adds conclusions, and signs off.
Start your first NBFC ఆడిట్
Run your first NBFC engagement on Coraa.
ఉచిత 14-రోజుల ట్రయల్. క్రెడిట్ కార్డ్ లేదు. భారత్-హోస్ట్. DPDPA కంప్లయెంట్.
