Statutory Audit Service – Comply, Verify, Strengthen.

Stay compliant and build trust with your stakeholders through our Statutory Audit Service. A statutory audit is a legally required independent examination of your company’s financial statements, ensuring they present a true and fair view of your financial performance.

Our expert auditors assess the accuracy of your financial records, verify legal compliance, and help you enhance the credibility of your financial reporting. This not only safeguards your business from penalties but also fosters transparency and confidence among investors, creditors, and regulators.

Key Benefits:

✅ Legal Compliance – Ensure your financial statements meet statutory and regulatory standards.
✅ Credibility Enhancement – Strengthen investor and stakeholder trust in your financial reporting.
✅ Error Detection – Identify and correct any errors, omissions, or fraud in your financial records.
✅ Financial Transparency – Offer a clear and reliable view of your company’s financial health.
✅ Continuous Improvement – Gain actionable insights for improving internal controls and financial management.

FAQs:

Q: What is the scope of a statutory audit?

A: The scope involves examining financial statements, verifying compliance with accounting standards, evaluating internal controls, and ensuring adherence to all legal and regulatory requirements.

Q: How often should a statutory audit be conducted?

A: Statutory audits are generally required annually for most businesses, in accordance with regulatory mandates.

Q: Who is required to undergo a statutory audit?

A: Statutory audits are mandatory for public companies, private companies, LLPs, and government organizations as per legal and regulatory frameworks.

Q: How long does a statutory audit typically take?

A: The duration depends on the size and complexity of the organization but typically ranges from 4 to 8 weeks.