SOFTWARE
AND TOOLS
NESL-IU for Audit
About
NESL-IU for Audit is a digital service offering by National E-Governance Services Ltd (NeSL). Its core purpose is to provide auditors and other stakeholders with reliable, authenticated financial information about debts/claims of client companies.
Key Features
- Creditor Data Access: Full information on creditors (financial/operational) reported by third parties, available at one place.
- Digital Audit Evidence: Enables auditors to obtain evidence digitally, reducing asymmetry in insolvency/bankruptcy proceedings.
- Consent-Based Sharing: Corporate debtor consent via Customer Financial Request (CFR) for secure data retrieval.
- Additional Tool for SA 505: Supports external confirmations from third parties; strengthens audit without replacing manual processes.
- Portal Integration: Auditor logging post-consent; client creates additional logs in auditor's name.
Benefits
- Saves time and resources for auditors by providing undisputed information quickly.
- Improves corporate governance through verified creditor/debtor data.
- Enhances audit efficiency with digital access to confirmations, minimizing back-and-forth.
- Addresses information gaps in insolvency processes, ensuring compliance with IBC 2016.
Discounted Pricing for ICAI Members
|
Access Type |
Price |
Notes |
|
Basic Access |
Free |
Requires client consent; unlimited queries post-setup |
How to Avail NESL IU audit service
- Members may please visit https://nesl.co.in/ and Complete the registration details.
- Client generates/separates Customer Financial Request (CFR) with auditor details.
Contact Information
- Support Team Phone: 1800592345 (NESL)
- Email: helpdesk@nesl.co.in
Please click here to avail this offer ( https://nesl.co.in/ )
Disclaimer:
ICAI, through CMP, acts solely as a facilitator for these initiatives. All services are delivered directly by respective providers. It does not endorse or guarantee the quality, reliability, or accuracy of these offerings. Members are advised to exercise independent judgment and due diligence before availing any product or service. ICAI shall not be liable for any loss or damage arising from their use.