Industry SolutionCapital Markets · Listed Entities

Listed Company Audit Automation for Indian CA Firms

CORAA handles the high-volume mechanical procedures in listed company audits — CARO 2020 data extraction, Ind AS testing, SEBI LODR compliance checks — so your team focuses on professional judgement.

NFRA-Ready by Design

CORAA generates contemporaneously timestamped working papers with complete data lineage — addressing the most common NFRA inspection findings before the inspector arrives.

Read: 5 NFRA findings automation prevents

The Unique Complexity of Listed Company Audits

Listed company audits carry more regulatory obligations, higher documentation standards, and greater scrutiny than private company audits.

CARO 2020 Reporting

CARO 2020 requires detailed reporting across 22 clauses. Many require data extraction and cross-referencing — loans, immovable property, statutory dues, related party transactions, fraud reporting.

NFRA Inspection Risk

Listed company auditors are subject to NFRA inspection. Documentation must be self-contained, contemporaneous, and traceable. Generic working paper templates do not meet the standard.

SEBI LODR Related Party Testing

Related party transactions must be approved by the audit committee before they occur. As auditor, you must verify not just disclosure but the procedural compliance — a highly manual exercise.

Ind AS Complexity

Listed companies apply Ind AS. Revenue recognition (Ind AS 115), leases (Ind AS 116), and financial instruments (Ind AS 109) all require audit procedures significantly more complex than old AS equivalents.

What CORAA Automates for Listed Company Audits

One Tally import. All procedures run simultaneously.

CARO 2020 data extraction and cross-referencing across all 22 clauses
Ind AS 115 revenue recognition — cut-off testing and contract analysis
Ind AS 116 lease liability reconciliation and ROU asset verification
Ind AS 24 related party transaction identification — 100% ledger scan
SEBI LODR compliance — audit committee approval verification
Internal controls documentation — automated exception identification
GST and TDS reconciliation with GSTIN-level matching
Bank reconciliation across all accounts simultaneously
Journal entry testing — after-hours, weekend, round-number flags
Going concern indicator monitoring from financial data
NFRA-ready working papers with full data lineage
Contemporaneous timestamps — no backdating risk

NFRA-Ready Audits, 60% Faster

Free 14-day trial. No credit card. India-hosted. DPDPA compliant.