CA Certified Services:

• These documents are necessary to verify the business’s financial health and include:

  • Balance Sheet:

    • Shows the company’s assets, liabilities, and equity at a given point in time.

  • Profit & Loss Account (P&L):

    • Reflects the business’s performance over a specific period, including revenue, expenses, and profit or loss.

  • Cash Flow Statement:

    • Provides information about cash inflows and outflows, showing how the business generates and uses cash.

  These are fundamental for certifying the financial position of the company.

For tax-related certifications, the CA will require:

• • Income Tax Returns (ITR):
    • Copies of Income Tax Returns for the previous financial years (usually for the past 3-5 years).
    • This is necessary for certifying the business’s tax compliance.
  • GST Returns (if applicable):
    • GST returns (GSTR-1, GSTR-3B) are needed for businesses registered under the Goods and Services Tax (GST).
    • This confirms the turnover and tax paid on goods or services.

For any certification related to accounting and financial records, CA will require access to:

• Journal:

  • A detailed record of business transactions in chronological order.

• Ledger:

  • Summary of transactions grouped by account (e.g., accounts payable, accounts receivable).

• Cash Book:

  • A record of cash transactions in and out of the business.

These books help verify the accuracy of the financial statements and tax filings.

• If the CA is certifying your eligibility for loans or financing, the following are required:

  • Loan Application Form:

    • For businesses seeking financial assistance, a formal application may be required.

  • Loan Sanction Letter (if applicable):

    • A letter from a financial institution confirming any loans granted to the business.

  • Repayment Schedules:

    • Details of the repayment terms, including dates, amounts, and interest rates.

  • Bank Statements:

    • Recent bank statements showing repayments and business cash flows.

• For importers or exporters, the CA will require specific documents related to customs and international trade:

  • Import/Export License:

    • Proof of valid Import Export Code (IEC) from the Directorate General of Foreign Trade (DGFT), which is mandatory for international trade.

  • Bill of Entry or Shipping Bill:

    • Customs documents related to goods being imported or exported, indicating the value, quantity, and country of origin/destination.

  • Invoice and Packing List:

    • Copies of invoices for goods traded internationally.
    • Packing list showing the details of goods being shipped.

• Depending on the specific nature of the CA service (e.g., valuation, tax audit, financial consultancy), additional documents might be needed:

  • Valuation Report:

    • If a CA is certifying the value of assets or business, a valuation report detailing the market worth of the assets is required.

  • Declaration of Business Operations:

    • A statement outlining the nature of business activities (e.g., manufacturing, trading, services) and areas of operation.

  • Shareholder Agreements (for companies):

    • Documents outlining the terms of ownership and rights between business owners or shareholders.

  • Director’s and Shareholder’s Details:

    • Personal details (Name, Address, PAN, etc.) of all directors and shareholders for company-related certifications.

  • Certificate of Good Standing (for companies):

    • A certificate showing that the company is up-to-date with all its legal, tax, and regulatory filings.