Statutory Audit Services for Companies

Comprehensive statutory audit services ensuring compliance with Companies Act, 2013. Our qualified auditors provide independent verification of financial statements and regulatory compliance for all types of companies.

What is Statutory Audit?

Statutory audit is a mandatory examination of a companys financial statements and records as required by the Companies Act, 2013. It provides an independent opinion on whether financial statements present a true and fair view of the company's affairs.

Key Requirements

  • Mandatory for all companies
  • Annual financial statements audit
  • Appointment in Annual General Meeting
  • CARO 2020 reporting for eligible companies

Who Needs Statutory Audit?

  • Private Limited Companies
  • Public Limited Companies
  • One Person Companies (OPCs)
  • Section 8 Companies

Why Professional Statutory Audit?

Expert audit ensures compliance, enhances credibility, and provides valuable insights for business improvement

Financial Statement Audit

Comprehensive audit of balance sheet, P&L account, and cash flow statements

Compliance Verification

Verification of compliance with Companies Act, 2013 and other laws

Internal Control Evaluation

Assessment of internal controls and risk management systems

Regulatory Compliance

Ensuring adherence to SEBI, RBI, and other regulatory requirements

Benefits of Professional Statutory Audit

Ensure compliance and build trust with comprehensive audit services

1

Legal Compliance

Mandatory requirement under Companies Act, 2013

2

Financial Credibility

Enhances credibility with investors and stakeholders

3

Fraud Detection

Early detection of frauds and financial irregularities

4

Investor Confidence

Builds trust among shareholders and investors

5

Operational Efficiency

Identifies areas for improvement in operations

6

Regulatory Adherence

Ensures compliance with all statutory requirements

As your statutory auditor, I ensure compliance with Companies Act requirements, provide independent verification of financial statements, and help identify areas for operational improvement. Non-compliance can lead to penalties up to ₹5 lakhs for companies and imprisonment for officers.

Statutory Audit Requirements & Process

Applicable to all companies
Annual financial statements audit
Appointment of auditor in AGM
CARO 2020 reporting
Audit report to ROC
Board and AGM approvals
Related party disclosures
Internal financial controls

Auditors Note: Statutory audit involves planning, risk assessment, evidence gathering, and reporting phases. The audit report includes opinion on financial statements, CARO reporting (if applicable), and observations on internal financial controls.

Book Free Audit Consultation

Get expert guidance on statutory audit requirements from our auditors

Audit Services

Comprehensive audit solutions for companies

Financial Audit

Mandatory audit under Companies Act for all companies

Tax Audit

Income Tax audit under Section 44AB for eligible companies

Internal Audit

Independent evaluation of internal controls and processes

Secretarial Audit

Compliance audit under Companies Act, 2013

Compliance Standards

Regulatory frameworks we audit against

Indian Accounting Standards (Ind AS)
Standards on Auditing (SAs)
Companies Act, 2013
Income Tax Act, 1961
SEBI Regulations
RBI Guidelines
GST Compliance
Internal Financial Controls

Audit Documents Required

Prepare these for statutory audit

Financial Statements (Ind AS compliant)
Books of Accounts & Ledgers
Bank Statements & Reconciliation
Statutory Registers & Minutes
Tax Returns & Audit Reports