Concurrent and statutory audits for PSU and co-operative banks, stock audits for working-capital facilities, and revenue audits to protect against leakage — carried out by Rahul Dang & Associates, Chartered Accountants. Empanelled with multiple banks.
What we do
Practice areas.
01
Bank Audits
Concurrent and statutory audits for PSU banks, private banks, and co-operative banks — empanelled and experienced.
Concurrent audit (ongoing transaction monitoring)
Statutory bank audit under RBI guidelines
Long-form audit report (LFAR)
Branch audit for nationalized and PSU banks
Co-operative bank audit
NPA identification and provisioning review
KYC and AML compliance testing
Treasury and forex audit
02
Stock Audit
Physical and book stock verification for working-capital and inventory financing facilities.
Physical stock counting and valuation
Stock audit for CC/OD working-capital accounts
Inventory aging and obsolescence review
Drawing power computation verification
Stock audit reports for banks and lenders
Reconciliation of physical vs book stock
Godown and warehouse inspection
Debtors and creditors statement verification
03
Revenue Audit
Revenue leakage identification and billing accuracy review for corporates, developers, and service businesses.
Revenue recognition accuracy review
Billing and invoicing audit
Customer contract compliance
Revenue leakage identification
Unbilled revenue detection
Collection efficiency analysis
Management reporting on revenue risk
How it works
What happens after you reach out.
01
Share your situation
A call or WhatsApp message is enough to start — no long form to fill in first.
02
We scope and quote
A senior advisor reviews what you need and gives you a fixed fee, upfront, before any work begins.
03
A named professional handles it
Your engagement is run by a specific CA, CS, or Advocate — not a rotating queue.
04
You review before anything is filed
Nothing goes to a regulator, bank, or counterparty without your sign-off first.
Why RDA
Track record on this practice.
700+
Clients served
4.9★
Google rating — 109 reviews
17+ yrs
Founders' combined experience
Pan-India
Bank empanelments
4.9★ on Google · 109 verified reviews — every engagement is led by a practising Chartered Accountant, Company Secretary, or Advocate.
What's the difference between a concurrent audit and a statutory bank audit?
A concurrent audit runs continuously through the year, reviewing transactions close to real time to catch issues early. A statutory audit is a periodic, year-end review required under RBI guidelines and forms the basis of the bank's audited financial statements. Rahul Dang & Associates is empanelled for both.
How often does a stock audit need to be done for a working-capital facility?
Most banks require stock audits quarterly or half-yearly for CC/OD accounts, depending on facility size and the lender's internal risk policy — we align our audit calendar to whatever your specific bank requires.
What is drawing power and why does it matter in a stock audit?
Drawing power is the amount a borrower can draw against a working-capital limit, computed from the value of stock and receivables pledged as security. An incorrect drawing power computation can trigger a bank recall or restrict your available limit.
Do you conduct revenue audits for non-bank clients too?
Yes — revenue audits for corporates and developers to identify billing gaps, unbilled revenue, and collection inefficiencies aren't tied to a bank mandate; any business wanting an independent revenue-leakage review can engage us directly.
Talk to us
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