Reporting

Schedule III, six tabs in one Working Paper.

Balance Sheet, P&L, Cash Flow, Ratios (CARO Rule 11(e)), 32 Notes, and Mapping, all in one Working Paper. Framework selector switches between Division I (Indian GAAP / AS) and Division II (Ind AS); line item names, disclosure requirements, and ratio computations adapt. Every figure cross-references; change a classification, every dependent figure updates.

• Six tabs, BS, P&L, Cash Flow, Ratios, Notes, Mapping
• Division I (AS) vs Division II (Ind AS), templates adapt per framework
• Three-level drill on every BS line: line → ledgers → parties → vouchers
• What-If Simulator, preview a reclassification without saving
• CARO Rule 11(e) 11 ratios with 25% variance flagging

Notes to Accounts, 32 disclosures, every year retraced.

Thirty-two Notes auto-draft from the Universal Audit Ledger, Note 5 Long-term Borrowings with security and repayment terms, Note 8 Trade Payables with MSME split, Note 11 PPE roll-forward, Note 23 Contingent Liabilities, and twenty-eight more. Each Note carries a CY vs PY toggle, version history, and ledger-level breakdown.

• 32 notes auto-drafted from UAL data
• CY vs PY toggle per Note, side-by-side disclosure for both years
• Version history captures every edit with reason
• Ledger-level breakdown beneath each Note
• Reviewed / Final state lock, further edits create new version

Note 5 example: 10 long-term borrowing ledgers identified, secured vs unsecured split, repayment terms placeholder for auditor.

Form 3CD, 44 clauses with reconciliation embedded.

Form 3CD composes all 44 clauses for Section 44AB tax audit. TDS and TCS reconciliations live as tabs inside this Working Paper; Clause 34(a) auto-populates from the books-vs-26AS recon, Clause 34A from the books-vs-27EQ recon. Clauses 1-7 pull from MCA21 by CIN.

• 44 clauses with active vs pending status
• Clauses 1-7, entity identity auto-pulled from MCA21
• Clause 21, Sec 40A(3) cash > ₹10K flagged from voucher patterns
• Clause 26, Sec 43B statutory dues outstanding auto-flagged
• Clauses 34 & 34A, TDS and TCS recon embedded as tabs

CARO 2020, 21 clauses, auto vs manual called out.

CARO 2020 requires reporting on 21 specific clauses across PPE, inventory, loans, deposits, statutory dues, internal controls, and fraud. CORAA auto-drafts 17 from books and ledger data. The remaining 4, PPE physical verification, inventory verification, deposits compliance, fraud reporting, require auditor input with documented evidence.

• 21 clauses, paragraph-anchored to Companies Act + CN 2022 GN 2022
• 17 auto-drafted from books, investments, statutory dues, default, ratios
• 4 manual, PPE verification, inventory, deposits Sec 73-76, fraud Sec 143(12)
• Rule 11(e) variance disclosure auto-pulled from Schedule III Ratios
• Pending vs addressed status per clause

Auditor's Report, seven gates before UDIN.

The Independent Auditor's Report sign-off is a seven-step gated workflow. Findings classified per SA 450. Materiality memo confirmed locked per SA 320. Opinion type picked per SA 705. IAR drafted per SA 700 with live preview. CARO 21 clauses addressed. KAM identified per SA 701 for listed entities. Sign-off and UDIN issued only when every blocker clears.

• Step 1 Findings review (SA 450) → Step 2 Materiality confirmation (SA 320)
• Step 3 Opinion type (SA 705) → Step 4 IAR draft (SA 700) with live preview
• Step 5 CARO 2020 → Step 6 KAM (SA 701, listed only) → Step 7 UDIN sign-off
• Engine recommends Opinion type from findings disposition + SA 570 conclusion
• Form 3CA vs Form 3CB selector at Step 4

Sign-off completes when seven sign-off gates clear and UDIN issues. Not before.