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Chartered Accountancy and Tax Practice

Audit, tax, GST and company secretarial work. Start each job from a ready-made project with its milestones, tasks and client documents already in place.

Templates
14
Milestones
30
Tasks and sub-tasks
94
Documents to collect
42

These templates are written for India. For your country, see Accounting and Corporate Secretarial.

These templates are written for India. For your country, see Accounting, Bookkeeping and Tax.

Look inside the templates

These are the projects a new firm gets on day one. Pick one to see how the work and the fee are laid out.

Statutory audit

Year-end statutory audit of a company, from engagement to the signed audit report.

  • Fixed price
  • 60 days
  • 3 milestones
  • 13 tasks
  • 6 documents

Milestones and tasks

  1. Day 7Engagement and planning
    • Plan the auditManager
  2. Day 40Fieldwork complete
    • Vouching and verificationJunior
    • Bank and balance confirmationsJunior
    • Review working papersManager
  3. Day 60Audit report signed
    • Draft financial statements and notesSenior
    • Partner review and sign-offPartner

Plus 7 sub-tasks in the app, broken down under these tasks.

Document checklist

  • Signed engagement letterFrom the client 路 day 5 路 compulsory
  • Board resolution appointing the auditorFrom the client 路 day 5 路 compulsory
  • Trial balance and ledgersFrom the client 路 day 10 路 compulsory
  • Bank statements for the yearFrom the client 路 day 10 路 compulsory
  • Fixed asset registerFrom the client 路 day 15
  • Management representation letterFrom the client 路 day 55 路 compulsory

Income-tax return filing

Preparing and filing an individual's or firm's income-tax return.

  • Fixed price
  • 21 days
  • 2 milestones
  • 5 tasks
  • 4 documents

Milestones and tasks

  1. Day 7Documents received
    • Collect income and deduction detailsJunior
  2. Day 21Return filed
    • Reconcile with Form 26AS and AISJunior
    • Compute tax and compare regimesSenior
    • Client approval of the computationSenior
    • File the return and e-verifyJunior

Document checklist

  • Form 16 / salary certificatesFrom the client 路 day 5
  • Bank interest certificatesFrom the client 路 day 5
  • Investment and deduction proofsFrom the client 路 day 5
  • Signed computation approvalFrom the client 路 day 18 路 compulsory

Private company incorporation

Incorporating a private limited company, from name approval to the certificate of incorporation.

  • Fixed price
  • 30 days
  • 2 milestones
  • 5 tasks
  • 3 documents

Milestones and tasks

  1. Day 10Name approved
    • Obtain digital signatures for directorsJunior
    • Apply for name reservationSenior
  2. Day 30Company incorporated
    • Draft MOA and AOASenior
    • File the incorporation formsSenior
    • Hand over the certificate, PAN and TANManager

Document checklist

  • Directors' identity and address proofsFrom the client 路 day 3 路 compulsory
  • Registered office proof and owner's NOCFrom the client 路 day 12 路 compulsory
  • Signed subscriber sheetsFrom the client 路 day 15 路 compulsory

GST monthly compliance

Monthly GST returns for a regular taxpayer: sales and purchase reconciliation, GSTR-1 and GSTR-3B.

  • Retainer
  • 30 days
  • 2 milestones
  • 5 tasks
  • 3 documents

Billed as a retainer, so these milestones track the work rather than the fee.

Milestones and tasks

  1. Day 11GSTR-1 filed
    • Collect sales and purchase dataJunior
    • Prepare and file GSTR-1Junior
  2. Day 20GSTR-3B filed
    • Reconcile input tax credit with GSTR-2BSenior
    • Compute liability and share the challanSenior
    • File GSTR-3BJunior

Document checklist

  • Sales register for the monthFrom the client 路 day 3 路 compulsory
  • Purchase invoices and expense billsFrom the client 路 day 5 路 compulsory
  • GST payment challanFrom the client 路 day 19 路 compulsory

TDS quarterly returns

Quarterly TDS returns (24Q for salaries, 26Q for other payments) and TDS certificates to deductees.

  • Fixed price
  • 45 days
  • 2 milestones
  • 5 tasks
  • 3 documents

Milestones and tasks

  1. Day 30Returns filed
    • Collect deduction and challan detailsJunior
    • Match challans with the deductionsJunior
    • Check PANs and lower-deduction certificatesJunior
    • Prepare, review and file 24Q and 26QSenior
  2. Day 45Certificates issued
    • Download and send Form 16A / Form 16Junior

Document checklist

  • TDS deduction details for the quarterFrom the client 路 day 7 路 compulsory
  • TDS payment challansFrom the client 路 day 7 路 compulsory
  • Filing acknowledgementsYour team 路 day 30 路 compulsory

GST annual return (GSTR-9 and 9C)

The annual GST return, and the reconciliation statement where turnover requires it, reconciled with the books.

  • Fixed price
  • 45 days
  • 2 milestones
  • 5 tasks
  • 3 documents

Milestones and tasks

  1. Day 30Reconciliation agreed
    • Reconcile turnover with the booksSenior
    • Reconcile input tax credit claimed with GSTR-2BJunior
    • Identify differences and any tax payableManager
  2. Day 45Annual return filed
    • Prepare GSTR-9 and GSTR-9CSenior
    • Client approval and filingManager

Document checklist

  • Audited financial statementsFrom the client 路 day 5 路 compulsory
  • Monthly GST returns for the yearYour team 路 day 5
  • Signed approval of the annual returnFrom the client 路 day 42 路 compulsory

Tax audit (Form 3CD)

Tax audit under section 44AB and the tax audit report in Form 3CA/3CB with Form 3CD.

  • Fixed price
  • 45 days
  • 2 milestones
  • 9 tasks
  • 3 documents

Milestones and tasks

  1. Day 5Engagement
    • Engagement letter and information requestManager
  2. Day 45Tax audit report filed
    • Verify the Form 3CD clausesJunior
    • Review and quantify disallowancesManager
    • Partner sign-off and uploadPartner
    • Client accepts the report on the portalJunior

Plus 4 sub-tasks in the app, broken down under these tasks.

Document checklist

  • Audited financial statementsFrom the client 路 day 5 路 compulsory
  • Ledgers, TDS returns and GST returnsFrom the client 路 day 8 路 compulsory
  • Management representation letterFrom the client 路 day 38 路 compulsory

Internal audit (quarterly)

A quarter's internal audit of agreed processes, with observations and management responses.

  • Fixed price
  • 45 days
  • 2 milestones
  • 9 tasks
  • 2 documents

Milestones and tasks

  1. Day 30Fieldwork complete
    • Agree scope and sample sizesManager
    • Test the processes in scopeSenior
  2. Day 45Report issued
    • Discuss observations with process ownersManager
    • Draft report with management responsesManager
    • Present to the audit committee or ownersPartner

Plus 4 sub-tasks in the app, broken down under these tasks.

Document checklist

  • Approved internal audit planFrom the client 路 day 3 路 compulsory
  • Management responses to observationsFrom the client 路 day 40 路 compulsory

Monthly bookkeeping

Recording a month's transactions, bank reconciliation and monthly management accounts.

  • Retainer
  • 30 days
  • 2 milestones
  • 4 tasks
  • 2 documents

Billed as a retainer, so these milestones track the work rather than the fee.

Milestones and tasks

  1. Day 20Books closed
    • Collect bank statements, invoices and receiptsJunior
    • Record sales, purchases and expensesJunior
    • Reconcile bank and card accountsJunior
  2. Day 25Management accounts sent
    • Review and prepare management accountsSenior

Document checklist

  • Bank and card statementsFrom the client 路 day 5 路 compulsory
  • Sales invoices, bills and receiptsFrom the client 路 day 5 路 compulsory

Annual ROC compliance

A private company's annual filings with the Registrar of Companies: board meeting, AGM, AOC-4, MGT-7/7A, ADT-1 and DIR-3 KYC.

  • Fixed price
  • 90 days
  • 2 milestones
  • 7 tasks
  • 3 documents

Milestones and tasks

  1. Day 30AGM held
    • Board meeting to approve the accounts and the board's reportSenior
    • Send the AGM notice (21 clear days)Junior
    • Hold the AGM and prepare minutesSenior
  2. Day 90Annual returns filed
    • File ADT-1 (within 15 days of the AGM)Junior
    • File AOC-4 (within 30 days of the AGM)Senior
    • File MGT-7/7A (within 60 days of the AGM)Senior
    • Directors' DIR-3 KYCJunior

Document checklist

  • Audited financial statements and auditor's reportFrom the client 路 day 5 路 compulsory
  • Shareholding and director detailsFrom the client 路 day 30 路 compulsory
  • Signed AGM minutesYour team 路 day 30 路 compulsory

Monthly payroll (India)

A month's payroll: attendance, salary, TDS, PF, ESI and professional tax, payslips and the bank file.

  • Retainer
  • 30 days
  • 2 milestones
  • 7 tasks
  • 2 documents

Billed as a retainer, so these milestones track the work rather than the fee.

Milestones and tasks

  1. Day 7Salaries paid
    • Collect attendance, leave, joiners and leaversJunior
    • Run payroll and check variancesSenior
    • Client approval and bank fileSenior
    • Send payslipsJunior
  2. Day 15Statutory dues paid
    • Deposit TDS on salaries (by the 7th)Junior
    • PF and ESI returns and payment (by the 15th)Junior
    • Professional tax as per the stateJunior

Document checklist

  • Attendance and leave recordsFrom the client 路 day 2 路 compulsory
  • Payroll approvalFrom the client 路 day 5 路 compulsory

Business valuation report

Valuing a business or its shares for a fund raise, transfer or regulatory purpose, ending in a signed valuation report.

  • Fixed price
  • 30 days
  • 2 milestones
  • 6 tasks
  • 4 documents

Milestones and tasks

  1. Day 0Engagement
    • Agree purpose, valuation date and standard of valuePartner
  2. Day 30Valuation report issued
    • Management discussion and site visitManager
    • Review projections and assumptionsAnalyst
    • Valuation model (DCF, comparables, net assets)Analyst
    • Draft report and management reviewManager
    • Sign and issue the reportPartner

Document checklist

  • Signed engagement letterFrom the client 路 day 0 路 compulsory
  • Financial statements for the last three yearsFrom the client 路 day 5 路 compulsory
  • Business plan and projectionsFrom the client 路 day 7 路 compulsory
  • Management representation letterFrom the client 路 day 27 路 compulsory

Financial due diligence

Due diligence on a target company's financials for an investor or acquirer: quality of earnings, net debt and working capital.

  • Fixed price
  • 35 days
  • 3 milestones
  • 9 tasks
  • 2 documents

Milestones and tasks

  1. Day 0Kick-off
    • Information request list to the targetManager
  2. Day 28Draft report
    • Analyse the data roomAnalyst
    • Management meetingsManager
    • Draft report with red flagsManager
  3. Day 35Final report
    • Final report after the client's commentsPartner

Plus 4 sub-tasks in the app, broken down under these tasks.

Document checklist

  • Signed engagement letter and NDAFrom the client 路 day 0 路 compulsory
  • Data room accessFrom the client 路 day 3 路 compulsory

Business plan and financial model

A business plan with a three-to-five-year financial model, for a fund raise, bank loan or board.

  • Fixed price
  • 30 days
  • 2 milestones
  • 5 tasks
  • 2 documents

Milestones and tasks

  1. Day 0Kick-off
    • Founder workshop: business model and assumptionsConsultant
  2. Day 30Plan and model delivered
    • Market and competitor sectionAnalyst
    • Financial model: revenue, costs, cash and fundingAnalyst
    • Write the plan and pitch deckConsultant
    • Review and final changesConsultant

Document checklist

  • Historical financialsFrom the client 路 day 3
  • Approved assumptionsFrom the client 路 day 10 路 compulsory

Templates are starting points, not professional advice. Rules and due dates change, so check them against your own practice. They're yours to edit.

Example

How a firm like yours could run it

A firm like this

Two partners, a manager, four seniors and seven article assistants look after about 120 clients: statutory and tax audits for small manufacturers and traders, monthly GST and TDS compliance, income-tax returns and company incorporations.

A typical month

On the first working day, the manager starts the month's GST projects for all clients. Clients see a checklist in their portal: sales register, purchase invoices, bank statements. By the 8th, the board shows which clients are still missing documents, and the team chases only those. GSTR-1 and GSTR-3B are ticked off as they're filed, and the monthly fee invoices go out with the right GST and the firm's SAC code.

Where the work gets hard

  • Every client's GST month was tracked in a spreadsheet nobody fully trusted.
  • Documents arrived by WhatsApp, email and pen drive, and someone had to chase each one.
  • Fees for monthly compliance hadn't changed in years, though some clients took twice the time of others.

What MSMEPulse gives you

  • One board shows every client's status, instead of a spreadsheet updated by hand.
  • Clients upload documents against a checklist, and late items are visible early.
  • Time logged per client gives the partners real data for fee discussions at renewal.

Read the full example

What happens when you start a project

Real dates and amounts

Enter the start date and contract value, and preview every milestone before anything is created.

Real people

Roles like Manager or Junior are filled with your team when the project starts.

Documents chased

A milestone can't be closed while a compulsory document is missing, unless a manager overrides it with a reason.

Your way of working

Edit any template, or save a finished project as a new one.

Guides for this industry

Related industries

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