Statutory audits are conducted in accordance with the Companies Act, 2013 and standard Auditing practices issued by the Institute of Chartered Accountants of India. We act as the statutory auditors of public & private companies and partnership firms, charitable trusts & institutions, societies, clubs, educational institutions etc. Major objective of these audits are:
To certify financial statements.
Report under Companies
Continuous dialogue with the management, concerning any material weaknesses in the internal control system.
The audit may be required by statute; and if properly planned, it can become a useful management tool. The process of obtaining comprehensive understanding of the client’s business, accounting system and internal controls enable us to focus on key areas besides doing the normal audit. This process also depends upon clients to clients’ requirements. This approach ensures that the professional and commercial experience of the members of the firm is constantly brought to bear on a client’s affairs.
Last audited financial statements.
Current year sale bill,purchase bill with vouchers.
Fixed assets register.
Bank statement & expense bill.
Statement showing valuation of closing stock.
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