A
Books & Accounting
6 questions
Are your books of accounts updated every month?
Is bank reconciliation completed every month?
Do you have an updated debtors (receivables) list with outstanding amounts?
Do you have an updated creditors (payables) list?
Do you know what your net profit or loss was last month?
Does your cash and bank balance in books match your actual balance?
B
GST Compliance
5 questions
Are GSTR-1 and GSTR-3B filed on time every month?
Is your ITC reconciled against GSTR-2B every month?
Do you have any pending GST notices or demands?
Is your e-invoicing and e-way bill process properly set up?
Do you know your next GST filing deadline?
C
Tax & Statutory Compliance
5 questions
Is TDS deducted and deposited on time every month?
Are quarterly TDS returns (26Q / 24Q) filed on time?
Has advance tax planning been done for the current financial year?
Are ROC annual filings (AOC-4, MGT-7) up to date?
Is Director KYC (DIR-3) filed for all directors?
E
Financial Visibility
6 questions
Do you receive a monthly Profit & Loss statement?
Do you know your current cash flow position?
Do you have a 3-month cash flow forecast in place?
Do you receive a monthly MIS or management report?
Does your accountant proactively flag compliance deadlines — or only inform you after the fact?
Can your current finance function scale as your business grows?