Every audit deliverable.
Automated.
ThynkAudit covers the complete statutory audit lifecycle — from trial balance import through NFRA-ready file archival. No plug-ins, no spreadsheets, no re-keying.
100% ledger scrutiny — not a sample
42 automated rules applied to every voucher in your trial balance. Risk-ranked findings with SA clause references and one-click disposition.
100% Ledger Scrutiny
Unlike sample-based review, ThynkAudit runs all 42 automated rules against every voucher in the trial balance — not a statistical sample. Results are ranked by risk and linked to SA references.
- 42 fraud-pattern detection rules
- Round-number and benign-number analysis
- Large transaction and unusual movement flags
- Party advance and loan anomaly detection
- TDS mismatch identification at voucher level
- Scrutiny report auto-linked to 3CD clauses
Risk-Ranked Findings
Every anomaly is assigned a risk score (High / Medium / Low) with the applicable scrutiny rule, voucher reference, and suggested audit response. Reviewers see the most critical findings first.
- Three-tier risk classification
- Voucher-level cross-reference
- Applicable SA and ICAI guidance note cited
- One-click "Accept / Reject / Escalate" on each finding
All statutory reports — auto-assembled
Form 3CD with JSON export, Schedule III financials, CARO 2020, and Notes to Accounts — populated from structured data, not memory.
Form 3CD — All 44 Clauses + JSON Export
ThynkAudit is the only platform that auto-populates all 44 Form 3CD clauses and exports a JSON file compliant with the IT Department Schema v2.2 for direct upload to the Income Tax portal — no re-keying.
- All 44 clauses auto-populated from structured data
- JSON export per IT Department Schema v2.2
- Direct portal upload — no manual re-entry
- Clause-level locking after CA review
- Change log maintained for NFRA evidence
- Multi-year comparison for recurring items
Schedule III Financial Statements
Division I (Companies Act) financial statements generated from trial balance with automatic line-item mapping. Current and prior-year comparatives pulled from engagement history.
- Balance Sheet and P&L auto-assembled
- Trial balance line items mapped automatically
- Notes to Accounts — all 2021 amendment disclosures
- Current + prior-year comparatives
- Audit adjustments tracked and reflected live
CARO 2020 — All 21 Clauses
Every CARO 2020 clause is auto-populated where data permits. The system identifies which clauses require qualifications and provides standardised draft language for each.
- All 21 clauses covered
- Data-driven auto-population
- Qualification detection and draft language
- Cross-reference to supporting working papers
- Review status tracked per clause
Notes to Accounts Generator
Generates all mandatory notes including related party transactions, contingent liabilities, employee benefits, segment information, and all disclosures required under 2021 Schedule III amendments.
- Related party transaction schedule
- Contingent liabilities and commitments
- Employee benefit disclosures
- 2021 Schedule III amendment notes
- Custom note editor with version tracking
GST, TDS, Bank, PF/ESI — one platform
Four reconciliation engines in a single workflow. No switching between tools, no copy-paste across sheets.
GST Reconciliation
The GST Reconciliation Agent computes ITC reversal under Rule 42/43 on the GSTR-2A/2B-vs-books data you enter, categorises mismatches, and drafts management letter points. GSTR data itself is entered or uploaded — this is not a live pull from the GST portal.
- Rule 42/43 ITC reversal computation
- ITC eligible vs booked reconciliation
- Party-wise mismatch analysis
- Auto-generated management letter points
- Section 16(2) ineligible ITC flagging
Bank Reconciliation
Bank statements imported directly (PDF/CSV/OFX) and reconciled against books. Unreconciled items are aged and escalated. Supports multiple bank accounts per entity.
- PDF, CSV, OFX bank statement import
- Automatic matching with tolerance controls
- Aged unreconciled items report
- Multiple bank accounts per engagement
- Balance certificate request workflow
TDS Reconciliation
TDS compliance tracked at party and section level. Deduction rates validated, deposit dates checked against due dates, and Section 201(1A) interest on late deposits computed automatically. 26AS figures are entered or uploaded for comparison — this is not a live pull from the TRACES portal.
- Section-wise deduction rate validation
- Deposit date vs due date comparison
- 26AS variance report (on entered/uploaded data)
- Section 201 liability auto-computation
- Certificate issuance and receipt register
PF / ESI Reconciliation
PF and ESI reconciliation with a direct pull from the client's own PeopleOS account. Connect the engagement once with the client's PeopleOS integration key, then import the wages register for any period on demand.
- Wages register pulled from the client's connected PeopleOS org
- One-time, per-engagement connection — not zero-setup
- Contribution computed and matched to challan
- Coverage and rate validation
- Delay identification for Section 43B
- PF trust audit support
Not just companies — every entity a CA firm audits
Companies Act, LLP Act, and Income-tax Act. The applicability engine reads the entity type and resolves which audit, which report, and which filings apply — automatically.
Companies Act — Private, Public, OPC, Section 8
The applicability engine resolves CARO 2020 exclusions (small company, private-company three-condition test, banking/insurance, OPC, Section 8), Schedule III division, and s.143(3)(i) internal-controls reporting from the entity type and the thresholds you enter — not a manual checklist.
- CARO 2020 applicability auto-determined
- Schedule III Division I/II/III selection
- s.143(3)(i) ICFR exemption test
- Small-company and private-company exemptions
LLPs — Form 8, Form 11, Section 40(b)
Rule 24(8) audit-threshold test (turnover > ₹40 lakh or contribution > ₹25 lakh), Form 8 Statement of Account & Solvency and Form 11 Annual Return with due dates and Rule 36 late fees computed automatically, and Section 40(b) partner remuneration and interest limits (Finance Act 2024 slabs).
- Rule 24(8) audit applicability test
- Form 8 / Form 11 due dates and late fees
- Section 40(b) remuneration and interest computation
- Statement of Account & Solvency auto-mapped from ledgers
Trusts, Societies & Section 8 — Sections 11–13, Form 10B/10BB
The 85% application test, corpus treatment under s.11(1)(d), s.115BBC anonymous-donation tax, Form 9A/Form 10 timelines, and s.13 disqualifications are computed from the figures you enter, and the engine selects Form 10B or Form 10BB per Rule 17B/16CC automatically.
- s.11–13 and s.115BBC computation engine
- Form 10B vs Form 10BB auto-selection
- Income & Expenditure and Receipts & Payments statements
- FCRA compliance checklist where applicable
8 autonomous agents with human checkpoint approval
Each agent handles a discrete audit task end-to-end and surfaces its output for CA review before advancing. You control every stage.
Engagement Setup Agent
Reads the prior-year audit file, imports comparative balances, pre-fills engagement metadata including client details, directors, statutory registrations, and risk flags from prior observations.
- Prior-year file import and comparison
- Comparative balance sheet prefill
- Director and key person register
- Prior audit observations imported
- Risk flags surfaced from history
Ledger Scrutiny Agent
Runs the full 42-rule scrutiny battery across all vouchers, ranks the resulting exceptions by severity, links each to the Form 3CD clause it affects, and records the cross-reference on the scrutiny working paper.
- 42 rule full scrutiny battery
- Risk-ranked output
- Form 3CD clause linkage
- Working paper cross-reference auto-recorded
- Human approval before advancing
GST Reconciliation Agent
Computes ITC reversal under Rule 42/43 on the reconciliation data you enter, quantifies mismatches, and drafts management representation letter points. Flags section 16(2) ineligibility.
- Rule 42/43 ITC reversal computation
- ITC eligibility analysis
- Draft management letter points
- Section 16(2) flag
TDS Compliance Agent
Validates TDS across every transaction: deduction rates, deposit timelines against due dates. Computes Section 201(1A) interest on late deposits and identifies short deductions.
- Rate validation per section
- Deposit timeline check
- Section 201 interest computation
- Short-deduction identification
MSME Compliance Agent
Identifies payables to MSME-registered vendors overdue beyond 45 days and estimates interest liability at 3× the bank rate, then prefills Form 3CD clause 26.
- Overdue-payable identification (>45 days)
- MSME-registered party matching
- Interest liability estimate (3× bank rate)
- 3CD clause 26 prefilled automatically
Section 43B Agent
Identifies all outstanding statutory dues as at year-end — PF, ESI, tax, etc. — and flags those paid after the due date for disallowance under Section 43B.
- Year-end outstanding statutory dues
- Post-year-date payment check
- Disallowance quantum computed
- 3CD clause 26 prefilled automatically
Form 3CD Population Agent
Populates all 44 Form 3CD clauses using structured data from scrutiny, reconciliation, and financial analysis. Exports compliant JSON for IT portal upload.
- All 44 clauses from data
- IT Dept Schema v2.2 JSON export
- Direct portal upload ready
- Change log for evidence
Audit File Assembly Agent
Collates all working papers, applies SHA-256 cryptographic locks, generates the NFRA-compliant audit file index, and packages the immutable ZIP for archival.
- All working papers collated
- SHA-256 cryptographic lock applied
- NFRA-compliant index generated
- Immutable ZIP for archival
NFRA-ready working papers and audit file
SHA-256 locked papers, external confirmation workflow, UDIN register, FAR with dual depreciation, and multi-year engagement continuity.
SHA-256 Cryptographic Working Papers
Once a working paper is finalised, a SHA-256 hash is computed and stored. Any subsequent modification invalidates the hash — providing tamper-evident evidence for NFRA or ISAS review.
- SHA-256 hash on finalisation
- Tamper detection on any modification
- NFRA and ISAS evidence standard
- Reviewer signature and timestamp
- Immutable audit file ZIP export
External Confirmations (SA 505)
Generate, send, and track external confirmation letters for banks, debtors, lawyers, and other parties. Responses matched against balances with variance flagging.
- Standard letter templates (banks, debtors, lawyers)
- Dispatch log with timestamps
- Response tracking and reminder workflow
- Variance matching against book balances
- Non-response escalation alerts
UDIN Register
Maintain a complete UDIN register for all certificates and audit reports. Tracks issuance, document linkage, and revocation status. Supports bulk UDIN entry.
- Complete UDIN issuance log
- Document-level linkage
- Revocation tracking
- Bulk entry support
Related Party Register
Maintain the related party transaction register as required by Schedule III and AS 18 / Ind AS 24. Transactions auto-identified from ledger scrutiny flagging.
- Party master with relationship type
- Transaction auto-identification from scrutiny
- Schedule III note auto-generated
- Director and KMP register
- Threshold-based materiality flag
Multi-Year Engagement Continuity
Prior-year working papers, FAR WDV balances, comparative financials, and audit observations carry forward automatically. Year-to-year delta analysis built in.
- FAR WDV carry-forward
- Comparative financials auto-populated
- Prior audit observations imported
- Year-to-year delta analysis
- Engagement history timeline
Fixed Asset Register
Dual depreciation engine handles both IT Act block-wise WDV and Companies Act SLM/WDV simultaneously. Additions, disposals, and revaluations tracked with supporting documents.
- IT Act block-wise WDV depreciation
- Companies Act SLM and WDV methods
- Additions and disposals with documents
- Revaluation reserve tracking
- Schedule II useful life validation
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