For panel auditors, audit firms and internal auditors
Statutory and internal audit of every kind of Maharashtra co-operative society, in one place.
Housing societies, credit societies and every other class the Act recognises — the checklist, the accounts, Form “O”, reports in English or Marathi and the classification, built from the Maharashtra Co-operative Societies Act, 1960 and the Rules, 1961, not from a blank template.
Built on the MCS Act, 1960 and the MCS Rules, 1961 — every checkpoint cites its provision.
Who this is for
Panel auditors, individually
On the Registrar’s panel and appointed by a society’s general body under s.81(1)(a) — bring your societies here and run the whole engagement from intake to the memorandum.
Audit firms and CA firms with teams
One workspace for the whole practice: add your associates and articled staff to feed data across every society on your panel, while every issued report still carries only your signature.
Internal auditors of housing societies
Appointed by the Managing Committee under Model Bye-laws 151–153 to run the quarterly internal audit that housing societies use between statutory audits.
Two lanes, kept apart
Statutory audit and internal audit are appointed by different bodies, under different provisions, and never blur into one engagement here.
Statutory audit · s.81
Appointed by the general body
- 01Take the accounts on record
The society prepares its accounts and submits them. Take them on record, or return them with what needs fixing — the society cannot change them once they are on your record.
- 02Examination against the checklist
Work the checkpoints of the society’s pack and your position on each of the nine s.81(2) matters — every checkpoint citing the section or Rule it tests.
- 03Opinion and classification
Record your opinion, award the audit classification under Rule 69(9) — for credit societies, computed from the classification marks sheet, not typed.
- 04Form N-2 memorandum
Issue the Rule 69(3) audit memorandum in English or Marathi, as PDF and Word, numbered and fingerprinted.
- 05Form “O” with the society
Every objection in the memorandum becomes a row of the Rule 73 rectification report, which the society answers and you remark on (s.82).
Internal audit · housing societies
Appointed by the Managing Committee
- 01Mandate and intake
Record the Committee’s appointing resolution and the books produced against Model Bye-law 152’s list.
- 02Ten heads, checkpoint by checkpoint
Registers, membership, governance, cash and bank, dues, funds, assets, statutory and tax — each checkpoint cites its bye-law.
- 03Preliminary report
Deficiencies only, with a thirty-day request — issuing opens the Form “O” row for each one automatically.
- 04Replies and verification
Record the society’s explanation and mark each objection rectified, partly rectified, not rectified or accepted.
- 05Final report, then the fifth
Head-wise position and the Rule 69(6) schedules close the quarter; after four quarters, a draft memorandum walks into the statutory audit ready.
Society types covered
Rule 10, class 5
Housing societies
The full pack: statutory audit under s.81, optional internal audit under Model Bye-laws 151–153, and the eleven-schedule accounts builder.
Non-agricultural credit and salary-earners’ societies
Credit societies
A dedicated pack built for patsanstha and salary-earners’ societies — the Commissioner’s model audit report, the classification marks sheet, and the checkpoints proper to a lending society.
Agricultural, consumers’, farming (incl. dairy), processing, producers’, resource, general, crop protection, lift irrigation
Every other Rule 10 class
Audited on the general pack — 55 points built from the Act and the Rules that bind every registered society — with the accounts as Form N heads.
Co-operative banks (classes 3 and 3A) — not yet. Bank audits need Form N-1 and an RBI-approved firm under s.30 of the Banking Regulation Act. SocietySeWA does not offer a bank-audit pack today.
What you issue
Rule 69(3)
Form N-2 audit memorandum
In English or Marathi, as PDF and native Word, in a numbered series with a SHA-256 fingerprint on every file issued.
Rule 69(9)
Audit classification
Yours under Rule 69(9). For a credit society from 2024-25 it is computed from the Commissioner’s marks sheet (circular 607/2024) on the figures you enter.
Rule 73, s.82
Form “O” rectification desk
Shared with the society on one screen, one row per objection. Both of you can edit it until it is finalised; any change after that is a new version, and the last three are kept.
Credit societies · circular dated 04.04.2022
The Commissioner’s model audit report
And the classification marks sheet under circular 607/2024 dated 27.03.2024, scored automatically from the figures you enter — not a letter you choose.
Rules 61, 62
The accounts, as the society submits them
Housing societies through an eleven-schedule accounts builder; every other society as Form N heads (Rule 62). The balance sheet you take on record is printed in the memorandum.
For what the Rules don’t prescribe
House formats
Inquiry, inspection and special-report formats for the situations Rule 69 and Rule 73 leave open.
Built like an auditor thinks
The society prepares, you decide
The society submits its accounts; you take them on record or return them for correction. The accounts are the society’s; the examination and the opinion are yours.
Nothing you sign can be altered
An issued report is final. A correction is a new, numbered revision — never a silent edit to what you already signed.
Every checkpoint cites its provision
No checklist item stands unsupported — each one names the section, Rule or bye-law it tests, in English and Marathi.
Blanks print as “not reported”
An unanswered checkpoint never prints as clean. It prints as not reported, so a reader can tell the difference.
Your team feeds, only you sign
Add team members to enter data across your societies. Issuing a report and putting your name to it stays with the appointed auditor alone.
An access log of who did what
Uploads, downloads and issues are logged with the time and the person, and every issued report carries its SHA-256 fingerprint.
Tools alongside the reports
Interest calculator
Work out interest on dues and deposits against the rates that apply to the society you’re auditing.
Compliance & tax board
GST and TDS position tracked against the society’s own profile, alongside the rest of its statutory compliance.
Evidence uploads
Attach the records a checkpoint relies on — every upload logged and fingerprinted.
Compliance calendar
The dates the co-operative year sets, in one place for the society and its auditor.
Choose a plan
Each plan runs for twelve months from purchase. The society count is for the co-operative year.
Single society
₹1,999 / year
One society, one co-operative year, every report.
- ✓One society in the co-operative year
- ✓Statutory audit: accounts, examination, Form N-2, Form “O”
- ✓Internal audit of a housing society, if appointed
- ✓Reports in English or Marathi, PDF and Word
Panel — up to 50
₹9,999 / year
Up to fifty societies audited from one place, with your team.
- ✓Up to fifty societies in the co-operative year
- ✓Every society type: housing, credit and all other classes
- ✓Statutory and internal lanes, kept apart
- ✓Up to ten team members to feed data
The statutory auditor is appointed by the general body from the panel approved by the State Government (s.75(2A); s.81(1)(a)); a housing society’s internal auditor, by its committee. SocietySeWA provides the tooling and expresses no audit opinion.Reports carry your signature and the office-bearers’ receipt endorsement only.
Frequently asked questions
Is this only for housing societies?+
No. The statutory lane covers every class of society under Rule 10(1) except co-operative banks: housing societies on the housing pack, credit societies on the credit pack, and every other class on a general pack built from the Act and the Rules. Internal audit is for housing societies, whose committee appoints it under Model Bye-laws 151–153.
Which society types can I audit here?+
Housing societies (Rule 10, class 5), non-agricultural credit and salary-earners’ societies on a dedicated credit pack, and every other class under Rule 10(1) — agricultural, consumers’, farming including dairy, processing, producers’, resource, general, crop protection, lift irrigation — on the general pack built from the Act and Rules.
Can my assistants or articled staff work on it?+
Yes, on either plan. Add up to ten team members to enter data on your internal audits and prepare the accounts work. Issuing and signing a report stay with the appointed auditor alone, and the statutory memorandum is his alone to write.
Is the audit memorandum available in Marathi?+
Yes. Each report is issued in the language you choose — English or Marathi — as a PDF and a native Word file, from the same record.
How is Form “O” handled?+
Form “O” (Rule 73) is one rectification desk shared with the society, numbered to the objections in your memorandum. Both of you can edit it freely until it is finalised; any change after that becomes a new version, and the last three versions are kept.
Do societies have to pay to use this?+
Your plan is what is paid for. A society that is not otherwise on SocietySeWA is opened for your audit on a free, audit-only record — it does not need a plan of its own.
What about co-operative banks?+
Not yet. Bank audits (classes 3 and 3A) need Form N-1 and an RBI-approved firm under s.30 of the Banking Regulation Act, and that pack isn’t built here.
Is my data safe?+
Only you, your team and SocietySeWA’s audit desk can open your engagements — the server checks every request against your appointment. Every report you issue carries a SHA-256 fingerprint and cannot be edited afterwards; a correction is a new numbered revision. An access log records who did what, and when.
Does this replace my professional judgement?+
No. The opinion, the classification and the signature are yours. SocietySeWA supplies the checklist, the citations, the paperwork and the fingerprinting — it expresses no audit opinion of its own.
What does a plan cost, and what does it cover?+
₹1,999 covers one society, ₹9,999 up to fifty, counted in the co-operative year; either plan runs twelve months from purchase and lets you add up to ten team members. Both carry the full report set for the lane you hold — statutory, or internal for a housing society.
Bring your societies onto the workspace built for this audit.
Start with one society, or bring your whole panel across on the fifty-society plan.