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A statutory audit is a legally mandated examination of a company’s financial statements and accounting records to ensure accuracy, transparency, and compliance with applicable laws. It serves as a key accountability mechanism for stakeholders, including shareholders, regulators, and lenders. At our firm, we handhold our clients in getting their statutory audits in accordance with the Companies Act, Income Tax Act, and other regulatory frameworks.
Our onboarded partner’s audit process begins with a thorough understanding of your business, risk areas, and internal controls. We perform analytical reviews, test checks, and substantive procedures to assess the accuracy and completeness of financial statements. Our team evaluates compliance with accounting standards, disclosure requirements, and audit trail documentation.
We maintain a collaborative approach and ensure clear communication throughout the audit process. Beyond compliance, our audit findings provide management with valuable insights into internal controls, potential inefficiencies, and opportunities for improvement. We also assist in preparing audit reports, attending board meetings (if required), and complying with reporting timelines.
With our team’s expertise and integrity, you can be assured of an audit that upholds the highest standards of professionalism and confidentiality. Our goal is not just to ensure legal compliance, but to help your organization strengthen financial discipline and build trust with external stakeholders.
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