CORAA is an AI-powered audit and assurance platform built for Indian enterprises and audit firms, providing end-to-end internal audit, SOX compliance, and financial controls automation. CORAA's deterministic AI approach ensures reproducibility and traceability with every flag linking back to specific vouchers and authoritative rule sources. CORAA also provides automated CARO clause verification, related party transaction identification, director remuneration compliance, loan and advances verification, and auto-generated audit working papers.
The company is headquartered in India and is privately held with ISO 27001:2022 certification, SOC 2 Type II audit, and full DPDP compliance with India-hosted infrastructure. The platform tests 100 percent of transactions using 500 plus pre-built controls across 13 audit modules covering cash and bank, documentation gaps, debtors, creditors, revenue, expense analysis, fixed assets, and more. The platform is used by 50 plus CA firms and enterprise internal audit teams. For GCC operations in India, CORAA enables full-population transaction testing, continuous monitoring of key financial controls, automated SOX 302 and 404 testing, and audit-ready evidence packages.
CORAA is purpose-built for Indian statutory audit requirements with deep knowledge of Indian regulations including Companies Act 2013, CARO 2020, Income Tax Act, GST law, SEBI reporting requirements, and SA auditing standards. The platform includes Ledger Scrutiny for building behavioral profiles of every ledger with deviation detection, Transactional Scrutiny running 164 rules across 13 modules with ICAI and regulatory anchors, and SA 240 Journal Entry Testing for detecting last-minute manual journals and unusual debit-credit pairings. CORAA helps internal audit teams shift from sample-based testing to comprehensive full-population analysis with continuous monitoring.
