CompuBal vs CORAA

Two Audit Software tools compared for Indian CA firms on features, pricing and community ratings.

CompuBal

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CORAA

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CompuBal compared with CORAA
FeatureCompuBalCORAA
Basics
PricingPaid₹30,000 for a 10-audit pack (₹3,000/audit), all users included, no per-seat charges
Pricing modelPaidPaid
Deployment—cloud
Founded—2025
Headquarters—Bengaluru, Karnataka (Indiranagar)
Features · Audit Software
Engagement Acceptance & LettersNot yet verifiedSupported
Materiality & Risk AssessmentNot yet verifiedSupported
Audit Programmes & SA ChecklistsNot yet verifiedPartly supportedEngagement and ICAI checklists; audit programme templates not named.
Digital Working PapersNot yet verifiedSupported
Sampling & VouchingNot yet verifiedSupported
Ledger Scrutiny & AnalyticsNot yet verifiedSupported
Client Document RequestsNot yet verifiedSupported
Review & Sign-off WorkflowNot yet verifiedSupported
CARO 2020 ReportingNot yet verifiedSupported
Audit Report & Representation LettersPartly supportedIndependent auditor's report templates; representation letters not mentioned.Supported
File Assembly & ArchivalNot yet verifiedPartly supportedFull audit log with every action attributed and timestamped; file archival not mentioned.
Trial Balance ImportPartly supportedImports from Tally and Excel.Supported
Ledger Grouping & MappingNot yet verifiedSupported
Schedule III Financial StatementsSupportedSupported
Non-Corporate FormatsSupportedNot yet verified
Notes to AccountsSupportedSupported
Cash Flow StatementSupportedPartly supportedCash flow workings.
Adjustment EntriesNot yet verifiedNot yet verified
Prior-Year ComparativesSupportedPartly supportedOpening balances verified against the prior year's signed audit report.
Ratio AnalysisPartly supportedRatios calculated for Form 3CD; Schedule III ratio disclosures not named.Partly supportedTrend analysis such as gross-profit trend; Schedule III ratios not named.
Consolidated Financial StatementsPartly supportedMerges statements of several businesses of one client.Supported
Export & XBRLPartly supportedPDF and Excel output; XBRL not mentioned.Not yet verified
Audit Universe & Annual PlanNot yet verifiedSupported
Risk & Control MatrixNot yet verifiedSupported
Process Audit ChecklistsNot yet verifiedSupported
Control Testing & IFCNot yet verifiedSupported
Observations & Risk RatingNot yet verifiedSupported
Management Responses & Action TrackingNot yet verifiedSupported
Multi-Location & Branch AuditsNot yet verifiedNot yet verified
Internal Audit ReportsNot yet verifiedSupported
Internal Audit DashboardNot yet verifiedSupported
Tax Audit Applicability CheckNot yet verifiedNot yet verified
Form 3CD Clause-wise WorkingSupportedSupported
Auto-fill from BooksPartly supportedImports Tally, Excel and TDS data into the forms.Supported
Cash Transaction ChecksNot yet verifiedSupported
Section 43B DisallowancesNot yet verifiedPartly supportedSection 43B statutory dues checked; MSME payments under 43B(h) not mentioned.
TDS Compliance CheckNot yet verifiedSupported
Income Tax DepreciationSupportedSupported
Prior-Year ComparisonNot yet verifiedNot yet verified
Form 3CA/3CB GenerationNot yet verifiedNot yet verified
Income Tax Portal UploadPartly supportedForms filed online with DSC signing; JSON export not mentioned.Supported
GSTR-9 PreparationNot yet verifiedNot yet verified
GSTR-9C Reconciliation StatementNot yet verifiedNot yet verified
Turnover ReconciliationNot yet verifiedPartly supportedGST annual reconciliation mentioned without detail.
ITC ReconciliationNot yet verifiedSupported
Ineligible ITC & Reversal ChecksNot yet verifiedSupported
Reverse Charge VerificationNot yet verifiedSupported
HSN Summary VerificationNot yet verifiedPartly supportedHSN codes and rates verified; HSN summary not mentioned.
E-invoice & E-way Bill ReconciliationNot yet verifiedPartly supportedE-way bills verified; e-invoice matching not mentioned.
Multi-GSTIN ConsolidationNot yet verifiedNot yet verified
Ecosystem & support
Integrations——
Support channelsEmail, Phone—
Community
RatingNot yet ratedNot yet rated
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CompuBal

Best for: Balance sheet and audit report software for Schedule III statements, depreciation charts and tax audit e-filing

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CORAA

Best for: AI-forward CA firms wanting full-ledger (non-sampling) audit automation across multi-entity engagements

View CORAAVisit website →