Unbilled work
Deliveries without invoices.
All internal audit & controls services
Internal Audit & Controls
Revenue and Receivables Assurance
FinAura tests the path from what you deliver to what you collect: deliveries and services matched to invoices, prices and discounts checked against contracts, invoices matched to the books, credit notes reviewed, and receivables confirmed and assessed for recovery. Leakage is quantified, recovered where possible and the process fixed.
- Chartered Accountant-led
- Bangalore and across India
- Reply within one business day
What is covered
What Revenue and Receivables Assurance Covers
Every rupee earned, billed and collected.
Pricing
Rates and discounts against contracts.
Credit notes
Reasons and approvals checked.
Recording
Invoices matched to the books.
Receivables
Confirmed and assessed.
Recovery
Leakage billed or collected.
How the month runs
How It Works
Match, check, quantify, fix.
Step 1
Match
- Deliveries to invoices
- Contracts to rates
- Invoices to books
Step 2
Check
- Discounts
- Credit notes
- Receivables
Step 3
Quantify
- Leakage
- Doubtful balances
- Causes
Step 4
Fix
- Recover
- Process changes
- Follow-up
Your part
What We Need From You
- 01Sales and delivery records
- 02Customer contracts and price lists
- 03Credit note register
- 04Receivables ageing
Our part
What You Get
- Leakage found and quantified
- Recoveries billed
- Receivables you can rely on
- Process fixes
A common question
Where does revenue leak?
In deliveries never invoiced, price increases never applied, discounts given beyond policy, credit notes raised without good reason, and receivables that will never be collected but sit in the books.
Each is small; together they are often a noticeable share of profit.
See accounts receivableCashCollected
BillingAt the right price
DeliveryWork done
Who it is for
Who It Is For
High-volume sellers
Many invoices, many prices.
Service businesses
Milestones and time billing.
Distributors
Schemes and credit notes.
Companies before a sale
Revenue quality checked.
The rules, in plain English
What the Law Says
Companies Act, 2013
Section 138
Classes of companies set out in the rules appoint an internal auditor, who may be a chartered accountant or another professional the board decides, to conduct an internal audit of the company's functions and activities.
Official source: mca.gov.inCompanies Act, 2013
Sections 134(5) and 143(3)
Directors report on internal financial controls, and the statutory auditor reports on whether the company has adequate controls that operate effectively, with exemptions for some smaller companies.
Official source: mca.gov.inCompanies (Auditor's Report) Order, 2020
Inventory and fixed assets
The statutory auditor reports whether physical verification of inventory and property, plant and equipment was done at reasonable intervals and whether discrepancies were dealt with.
Official source: mca.gov.inThis is general information, not advice for your situation; we confirm what applies to you before any work starts.
Questions we get asked
Revenue and Receivables Assurance: Questions, Answered
What is revenue assurance?
A review of the path from delivery to cash, to make sure every sale is billed at the right price, recorded and collected.
How do you find unbilled work?
By matching delivery, dispatch or timesheet records against invoices for the period.
Can leakage be recovered?
Often, by billing missed items and correcting prices; older items depend on contract terms and customer relationships.
Is this a one-time review?
It can be, or part of a regular internal audit cycle.
Often Taken Together
All 12 Internal Audit & Controls services01Internal Audit & ControlsInternal AuditRisk-based reviews of purchasing, sales, inventory, payroll, cash and compliance, with findings ranked by what matters and a plan to fix them.02Internal Audit & ControlsVendor and Procurement AuditPurchases tested for approvals, rates, duplicates and related parties, with leakages reported with evidence.03Accounting & FinanceFinance OperationsReconciliations, payables, receivables and a predictable month-end close.04Accounting & FinanceVirtual CFOA Chartered Accountant reading your numbers, planning cash and guiding decisions.