About AssureAI
What is AssureAI?
AssureAI is a cloud-based audit automation platform designed to help CA firms digitise and streamline audit engagements. It brings accounting data, audit checklists, supporting documents, client queries, risk flags, financial statement preparation and audit documentation into a unified workflow.
The platform focuses on reducing manual data entry, improving audit consistency and maintaining traceable audit records. Its advertised capabilities include automated ledger scrutiny, financial statement generation, audit workflow management and tax audit annexure preparation.
Who is AssureAI for?
- Chartered Accountant firms conducting statutory and financial statement audits.
- Audit teams managing working papers, evidence, checklists and review workflows.
- Tax audit practitioners preparing Form 3CD annexures and related schedules.
- Finance and accounting teams preparing financial statements from trial balances.
- Firms conducting internal or periodic audits that need structured audit documentation and assignment tracking.
AssureAI's primary stated audience is professional CA firms.
What type of software is AssureAI?
AssureAI is listed under Audit Software.
What are AssureAI's core capabilities?
- Audit workflow automation: Structured audit stages covering preliminary engagement, planning, risk assessment, audit procedures, completion procedures and reporting.
- Ledger scrutiny and risk assessment: Rule-based identification of potentially risky ledgers and vouchers, categorised into high, medium and low risk.
- Financial statement preparation: Generation of Schedule III financial statements, with features including ageing analysis, financial ratios and rounding. Support is advertised for companies, partnerships and proprietorships.
- Tax audit automation: Automated generation of Form 3CD annexures, with documented support for areas such as specified payments, cash transactions, Section 43B and ratios.
- Client collaboration and documentation: Client queries and responses, document handling, audit evidence, checklists and audit trails in one platform.
- Consolidation and task management: Multi-division financial statement consolidation and configurable task management for assignments beyond annual statutory audits.
- Audit Programmes & SA Checklists
- Digital Working Papers
- Ledger Scrutiny & Analytics
- Client Document Requests
- Review & Sign-off Workflow
- CARO 2020 Reporting
Who makes AssureAI?
AssureAI is associated with Transform Automations India Private Limited, an Indian software company focused on digitising workflows for Chartered Accountant firms. The company's stated objective is to reduce manual accounting and audit work through automation, standardised processes and integrated client collaboration.
Public company profiles identify Maheswari Subramanian as a founder of Transform Automations India Private Limited. AssureAI's LinkedIn company profile lists the business as privately held and founded in 2021.
What CAs are saying about AssureAI
AssureAI has no reviews on SoftwaresForCA yet.
Key features
- ◐Engagement Acceptance & LettersRun acceptance and independence checks and generate engagement letters (SA 210).
- ◐Materiality & Risk AssessmentSet materiality thresholds and assess risks of material misstatement (SA 320, SA 315).
- ✓Audit Programmes & SA ChecklistsUse pre-built audit programmes by entity type, mapped to the Standards on Auditing.
- ✓Digital Working PapersPrepare working papers linked to the trial balance with cross-referenced evidence.
- ✓Ledger Scrutiny & AnalyticsScan full ledgers for unusual entries, duplicates and high-risk journals (SA 240).
- ✓Client Document RequestsRequest, collect and track documents and confirmations from the client (SA 505).
- ✓Review & Sign-off WorkflowRoute work through preparer, reviewer and partner with review notes and sign-offs.
- ✓CARO 2020 ReportingWork through CARO 2020 clause by clause and draft the annexure to the audit report.
- ◐Audit Report & Representation LettersGenerate audit reports, management representation letters and management letters (SA 580, SA 700).
- ✓File Assembly & ArchivalLock the completed audit file and keep a trail of edits and approvals (SA 230, SQC 1).
- ✓Trial Balance ImportImport trial balances from Tally, other accounting software or Excel.
- ✓Ledger Grouping & MappingMap ledgers to financial statement line items and reuse the mapping across years.
- ✓Schedule III Financial StatementsGenerate balance sheet and profit & loss in Schedule III format (Division I, II and III).
- ✓Non-Corporate FormatsPrepare financial statements for LLPs, partnerships, trusts and proprietorships.
- ✓Notes to AccountsGenerate notes, accounting policies and disclosure schedules.
- ◐Cash Flow StatementPrepare cash flow statements under AS 3 or Ind AS 7.
- ◐Prior-Year ComparativesCarry forward previous-year figures and regroup them for comparison.
- ✓Ratio AnalysisCalculate the ratios required under Schedule III with variance explanations.
- ◐Consolidated Financial StatementsConsolidate subsidiaries, associates and joint ventures.
- ◐Export & XBRLExport statements to Excel or PDF and prepare XBRL files for MCA filing.
- ◐Audit Universe & Annual PlanDefine auditable areas and plan internal audits for the year.
- ◐Process Audit ChecklistsUse checklists for processes like procure-to-pay, order-to-cash and payroll.
- ◐Observations & Risk RatingRecord findings with risk ratings, root causes and recommendations.
- ◐Management Responses & Action TrackingCollect management responses and track action items to closure.
- ◐Internal Audit ReportsGenerate internal audit reports and summaries for the audit committee.
- ✓Tax Audit Applicability CheckCheck whether a tax audit is required under Section 44AB.
- ✓Form 3CD Clause-wise WorkingPrepare each Form 3CD clause with supporting workings.
- ✓Auto-fill from BooksFill Form 3CD details directly from the trial balance and ledgers.
- ✓Cash Transaction ChecksIdentify cash payments and receipts under Sections 40A(3), 269SS, 269ST and 269T.
- ✓Section 43B DisallowancesIdentify unpaid statutory dues and delayed MSME payments under Section 43B.
- ◐TDS Compliance CheckIdentify TDS defaults and related disallowances under Section 40(a)(ia).
- ◐Form 3CA/3CB GenerationGenerate the tax audit report in Form 3CA or Form 3CB.
Show 18 more items (not supported or not yet verified)
- ?Sampling & VouchingSelect samples and attach vouching evidence to each tested transaction (SA 530).
- ?Adjustment EntriesPass audit and closing adjustments without changing the client's books.
- ?Risk & Control MatrixDocument process risks, controls and control owners.
- ?Control Testing & IFCTest design and operating effectiveness of controls, including internal financial controls.
- ?Multi-Location & Branch AuditsRun audits across branches, plants or locations under one engagement.
- ?Internal Audit DashboardView open observations, overdue actions and audit progress.
- ?Income Tax DepreciationCalculate depreciation by asset block as per the Income-tax Act.
- ?Prior-Year ComparisonCompare Form 3CD details with the previous year's report.
- ?Income Tax Portal UploadExport the Form 3CD JSON for upload on the income tax portal.
- ?GSTR-9 PreparationPrepare the GST annual return from books and filed returns.
- ?GSTR-9C Reconciliation StatementPrepare the reconciliation statement between books and GSTR-9.
- ?Turnover ReconciliationReconcile turnover and tax between books, GSTR-1 and GSTR-3B.
- ?ITC ReconciliationReconcile input tax credit between books, GSTR-2B and GSTR-3B.
- ?Ineligible ITC & Reversal ChecksIdentify blocked credits and required reversals under Section 17(5) and Rules 37, 42 and 43.
- ?Reverse Charge VerificationVerify tax payable and paid under reverse charge.
- ?HSN Summary VerificationCheck HSN-wise summaries against books and filed returns.
- ?E-invoice & E-way Bill ReconciliationMatch e-invoices and e-way bills with sales records.
- ?Multi-GSTIN ConsolidationHandle multiple GSTINs of the same PAN in one engagement.
Pricing
Published pricing
- 24,999
From the vendor's published pricing as of 26 Sept 2026. Confirm current prices with the vendor.