Contact Me
sheshusamudrala@trchadha.com
Chennai
Statutory Audit
Mr. Sheshu Samudrala is a Chartered Accountant by profession having experience in the field of Auditing for more than 15 years. He heads the Chennai Branch of the firm.
He has been involved in various statutory audits of listed companies, Internal Audits of large corporates, forensic audits, ICFR testing and consultancy for banks, NBFCs, PSUs, and multinational corporations.
He has been intensively engaged in Banking and Non-Banking Finance Companies audits. He has also been involved in Special Investigation Audits. He has worked across a wide range of industries including manufacturing, banking and financial services, telecom, infrastructure, IT, and retail.
He holds DISA and PGDBA qualifications and is skilled in leadership, business development, and client service delivery.
Practice Areas
Statutory Audit
A statutory audit under the Companies Act, 2013 is a mandatory requirement for companies registered
Ind-AS, IFRS & US GAAP Audits
With businesses increasingly engaging in global trade and cross-border transactions, financial reporting in compliance with
Tax Audit under Income Tax Act
A tax audit under the Income Tax Act is a statutory requirement for businesses whose
PCAOB-Compliant Audit for Foreign Listed Companies
Companies listed on US stock exchanges or with reporting obligations in the United States are
Audit of Trusts, Societies & NGOs
Limited reviews and interim financial reviews provide stakeholders with timely assurance on the financial position
PSU & Government Audits
Public Sector Undertakings (PSUs) and government entities play a pivotal role in delivering essential services,
Restatements, certifications, comfort letter under IPO
When companies prepare for an Initial Public Offering (IPO), they are required to provide restated
Audit under LLP Act and Other Special Acts
Limited Liability Partnerships (LLPs) and entities governed by special legislations are required to undergo audits
Limited Review, Interim Financial Review
Limited reviews and interim financial reviews provide stakeholders with timely assurance on the financial position
Concurrent Audits (Banks, NBFCs, Financial Institutions, Payment Banks)
Concurrent audits are essential for monitoring, evaluating, and strengthening the internal control systems of banks,
Retail Assets & Retail Liabilities Audit
Retail assets and liabilities audits are essential for financial institutions to assess the accuracy, compliance,
Treasury, Forex & Depositories Audits
Treasury, Forex, and depositories audits are critical for financial institutions to ensure accuracy, compliance, and
KYC (includes Video KYC)/ AML Audits
Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance form the foundation of financial sector
Stock Audits (for Working Capital Financing)
Stock audits are critical for businesses to ensure accurate inventory management, safeguard assets, and maintain
Branch Statutory Audit (BSA) & Central Statutory Audit (CSA)
Branch Statutory Audit (BSA) and Central Statutory Audit (CSA) are essential for ensuring accuracy, compliance,
Forensic Audits
Forensic audits are specialized audits conducted to detect, investigate, and prevent fraud, financial irregularities, and
Fraud Investigation
Fraud investigation is a focused engagement undertaken when there are specific allegations or suspicions of
Agencies for Specialized Monitoring (ASM)
Agencies for Specialized Monitoring (ASM) audits are mandated by banks and financial institutions, particularly for
ESG Audit / Impact Assessment
Environmental, Social, and Governance (ESG) audits and impact assessments evaluate how responsibly and sustainably organizations
MIS & Data Analytics- Audit Support
Management Information Systems (MIS) and data analytics play a crucial role in modern audits by
Work for Law Enforcement Agencies
Audits and investigations conducted for law enforcement agencies focus on uncovering financial irregularities, fraud, money
Whistleblower complaints review
Whistleblower complaints often highlight concerns related to fraud, misconduct, harassment, or unethical practices within organizations.
Anti-Bribery & Anti-Corruption compliance consulting
Anti-bribery and anti-corruption compliance consulting helps organizations establish robust frameworks to prevent, detect, and address
Process-based Internal Audits
Process-based internal audits focus on reviewing business processes end-to-end rather than just compliance checklists. These
IFC, ICFR, SOX Compliance Advisory & Testing
Internal Financial Controls (IFC), Internal Controls over Financial Reporting (ICFR), and Sarbanes-Oxley (SOX) compliance are
Standard Operating Procedure (SOP) & Risk Control Matrix (RCM) Development
Standard Operating Procedures (SOPs) and Risk Control Matrices (RCMs) form the backbone of organizational governance
IT System & ITGC Reviews
Information Technology (IT) systems form the backbone of financial reporting, compliance, and operational processes. IT
Risk Heat Mapping & Remediation Planning
Risk heat mapping is a structured approach to identifying, assessing, and prioritizing organizational risks by
Internal Financial Controls Implementation & Monitoring
Internal Financial Controls (IFC) implementation and monitoring ensure that an organization’s financial reporting, compliance, and
Process Improvement/ Cost reduction studies
Process improvement and cost reduction studies help organizations identify inefficiencies, eliminate redundancies, and streamline operations.
Review of regulatory requirements across business functions
Organizations today operate in an environment of rapidly evolving regulatory frameworks ranging from Companies Act,
Identification of compliance gaps and risk exposures
Compliance gaps occur when internal policies, processes, or controls fail to fully address statutory and
Compliance Risk Heat Mapping & Control Design
Compliance risk heat mapping is a structured tool that helps organizations visualize and prioritize compliance
Advisory for remediation & control implementation
Once compliance gaps and risks are identified, organizations need practical remediation strategies to address deficiencies.
Assistance in regulatory inspections and audit readiness
Regulatory inspections and audits by authorities such as RBI, SEBI, MCA, or sectoral regulators require