India services / Societies
Accounts and compliance for co-operative and housing societies.
Society accounts need to connect member balances, collections, expenditure and committee records. Incomplete information can affect both reporting and the answers available to members.
Dhake & Associates assists with society accounting, records review and compliance-related work. Audit assignments are accepted only within the applicable approval, classification and appointment requirements.
Find the society support you need.
01 / Co-operative society services
Co-operative society services
- Accounting and ledger maintenance.
- Review of member, deposit and loan schedules.
- Reconciliation support.
- Financial-statement preparation support.
- Records required for audit and compliance.
- Eligible audit assignments subject to valid approval and appointment.
02 / Housing society services
Housing society services
- Member-wise dues and collection records.
- Billing and accounting support.
- Bank and member-ledger reconciliations.
- Expense schedules and supporting records.
- Financial statements and audit schedules.
- Assistance organising records for committee and general-body reporting.
- Recovery-related accounting schedules and documentation support within the agreed scope.
03 / Accounting preparation and audit appointments.
Accounting preparation and audit appointments.
Accounting and preparation of records are agreed separately from a formal audit appointment. Before accepting an audit, the appointed professional, current panel status, classification, eligibility and signing responsibility are confirmed.
Independence and conflicts are assessed across accounting, audit and legal work involving the same society. Separate job titles alone do not determine whether an assignment can be accepted.
04 / Litigation and recovery matters
Litigation and recovery matters
Advocate Amruta Chandrakant Shelar — Lead — Litigation & Recovery. B.Com., LL.B., GDC&A.
Legal assignments are agreed separately with the appropriately authorised professional. The applicable recovery route depends on the society, records and nature of the dues.
Audit and litigation responsibilities are assessed separately. Independence and eligibility are checked before accepting assignments involving the same society.
- Section 138 — cheque dishonour matters.
- Section 101 — recovery proceedings for eligible co-operative societies.
- Section 154B-29 — recovery of eligible housing-society dues.
From records to review
Know what the assignment includes.
These examples depend on the scope agreed before work begins.
- Records we start with
- Member ledgers, receipts, expense records and relevant committee records.
- What we prepare
- Member-balance schedules, reconciled accounts and records for the appointed auditor, where included.
- Items for your review
- Member-balance differences, supporting documents and responsibilities for the particular assignment.
How we work
A clear process from
the first conversation.
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01
Understand the work
We discuss the organisation, accounting system, period involved and the support required.
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02
Agree on the scope
Tasks, responsibilities, fees and delivery arrangements are confirmed before work begins.
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03
Set up records and access
Required documents and authorised access are arranged through the agreed channels.
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04
Complete and clarify
We carry out the assigned work and raise missing information or unresolved items.
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05
Deliver and review
Completed records and reports are shared according to the engagement, with open matters identified for review.