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Accounting Review Services for Businesses | Savlana Init
Accounting Quality Check

Accounting Review Services — Independent. Thorough. Reliable.

An independent review of your books — ledgers, reconciliations, and financial statements — to catch errors, gaps, and compliance risks before they become problems.

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Books that are maintained in-house or by a third party can still carry errors — misclassified expenses, unreconciled accounts, missed accruals, or incorrect tax treatment — that go unnoticed until an audit, funding round, or tax assessment brings them to light.

An accounting review is an independent check of the books, separate from day-to-day bookkeeping, designed specifically to catch these issues early. It looks at the ledger, reconciliations, and financial statements with a critical eye, flagging anything that does not add up or does not comply with applicable accounting and tax requirements.

We provide periodic or one-time accounting reviews for businesses that want assurance their books are accurate — whether ahead of a statutory audit, before a funding round, or simply as a regular health check on the finance function.

Our Accounting Review Services

Ledger Scrutiny

Detailed review of the general ledger to identify misclassified, duplicate, or missing entries.

Reconciliation Verification

Checking that bank, vendor, and customer reconciliations have been performed correctly and completely.

Financial Statement Review

Review of the profit and loss account, balance sheet, and cash flow statement for accuracy and presentation.

Statutory Compliance Check

Verification that accounting treatment aligns with applicable Indian Accounting Standards and tax provisions.

Accruals & Provisions Review

Checking that income, expenses, and provisions have been recognised in the correct period.

Fixed Asset & Depreciation Check

Review of the fixed asset register and depreciation computation for accuracy and consistency.

Internal Control Observations

Identification of gaps in the accounting process and recommendations to strengthen controls.

Pre-Audit Health Check

A structured review ahead of statutory or tax audit to reduce queries and surprises during the audit.

Our Process

1

Scope Discussion

We agree the scope of the review — full books, specific accounts, or a particular period.

2

Data & Access Collection

Accounting software access, bank statements, and supporting documents are gathered for review.

3

Detailed Review

Ledgers, reconciliations, and financial statements are examined against source documents and applicable standards.

4

Findings Report

A report listing errors, gaps, and observations is prepared, along with recommended corrections.

5

Corrective Action Support

We assist in passing correction entries and closing out the identified gaps in the books.

Why It Matters

Independent, objective assessment of your books
Errors and gaps identified before they surface at audit or assessment
Confidence in financial statements shared with lenders or investors
Reduced queries and smoother statutory audit process
Practical recommendations to strengthen accounting controls
Works alongside your existing bookkeeper or accounting team
One-time or periodic review options available
Detailed report suitable for management and board review

Frequently Asked Questions

Bookkeeping is the ongoing recording of transactions, while an accounting review is an independent check of books already maintained — verifying accuracy, completeness, and compliance rather than performing the recording itself.
This depends on the size and complexity of the business — many businesses opt for a quarterly or half-yearly review, while others conduct a review annually ahead of the statutory audit.
No. An accounting review is an internal quality check and does not replace the statutory audit required under the Companies Act or Income Tax Act, though it typically results in a smoother audit process.
Access to the accounting software, bank statements, sales and purchase invoices, and prior financial statements are typically required, along with any existing reconciliation working papers.
Yes, the scope can be limited to a specific period, account head, or transaction type — such as reviewing only accounts receivable, or the books for a particular quarter.
We provide a findings report with recommended correction entries, and can assist your accounting team in implementing the corrections in the books.

Want an independent check on the accuracy of your books?

We review your ledgers, reconciliations, and financial statements to catch errors and gaps before they become bigger problems.