PMS Client-Level Audit
Independent audit support for Portfolio Management Service entities — structured, scalable and SEBI-aligned.
Overview
Goel Anish & Associates supports PMS entities in conducting client-level audits, issuing independent auditor reports that cover each client portfolio. Our structured and scalable approach ensures audit quality is maintained across high volumes of client portfolios, while meeting regulatory expectations.
What We Cover
Client-wise Financial Statements
Verification of client-wise Balance Sheet and Profit & Loss statements, ensuring accuracy and completeness of financial reporting at the individual portfolio level.
Portfolio Valuation & Performance
Review of portfolio valuation methodologies and performance reporting — ensuring consistency, accuracy and alignment with agreed benchmarks and client mandates.
Fees, Expenses & Contractual Terms
Validation of management fees, performance fees, and expenses charged to client accounts — cross-verified against PMS agreements and applicable regulatory caps.
Regulatory & Agreement Compliance
Ensuring consistency with individual PMS client agreements and regulatory expectations, including SEBI PMS regulations and applicable ICAI auditing standards.
Our Approach
Standardised Audit Framework
We deploy a structured, template-driven audit methodology across all client portfolios — ensuring consistency in scope, documentation and reporting.
Scalable Execution
Our team is equipped to handle high volumes of client portfolios efficiently, maintaining audit quality at scale through systematic review processes.
Independent Auditor Reports
Each client portfolio receives an independent auditor report — clearly documented, professionally issued and ready for regulatory or client review.
Why this matters
PMS audits involve large volumes of client portfolios with individual agreements, fee structures and performance benchmarks. A standardised yet thorough audit approach is essential to maintain accuracy, avoid regulatory gaps and protect the interests of both the PMS entity and its clients.