We specialize in both statutory audits (mandated by RBI and ICAI) and concurrent audits (real-time, transaction-level monitoring). Our statutory audits ensure annual accuracy of financial statements, while our concurrent audits help detect and prevent errors or fraud on a real-time basis especially in credit, treasury, and foreign exchange transactions.

Our team conducts detailed revenue audits to verify income recognition, interest calculation, NPA provisioning, and reconciliation of interest suspense accounts. We also carry out stock audits for bank-financed businesses to assess the security of loan accounts and ensure that funds are utilized properly by borrowers.

We adopt a risk-based audit approach, focusing more deeply on high-value, high-risk areas. This includes examining credit appraisal systems, documentation of loan sanctions, end-use monitoring, and compliance with KYC/AML norms. The outcome is a more secure and compliant lending environment for the bank.

We are equipped to handle forensic audits, special investigation audits, and asset classification reviews for stressed or non-performing accounts. These audits provide deep insight into borrower conduct, fund diversions, and help banks with early detection and appropriate recovery strategies.

Our audit reports are comprehensive yet clear—providing not just observations but strategic recommendations. Whether for internal bank use or compliance submission to RBI, our reports support better governance, improved risk management, and a roadmap to strengthen the bank’s financial systems.

• Statutory, Concurrent & Internal Bank Audits

• Stock & Revenue Audits for Loan Accounts

• Risk-Based NPA, Fund Usage & Documentation Review

• Regulatory Compliance with RBI & ICAI Norms

• Special Investigations & Forensic Audit Support

• Customized Reports for Management & RBI Review

We don’t believe in one-size-fits-all auditing. At Pawan Lohia & Associates, every Risk-Based Internal Audit begins with an in-depth understanding of your business model, industry dynamics, and regulatory exposure. Our team collaborates closely with your internal stakeholders to prioritize risk areas, define scope, and execute detailed audits with a strategic lens.