Statutory Audit Services

Statutory audit is a vital process aimed at evaluating a company’s adherence to applicable laws, rules, regulations, and standards. It is essential to ascertain whether the financial statements present an accurate and unbiased view of the company’s financial position. This obligation is applicable to all companies registered in India under the erstwhile Companies Act, 1956, and Companies Act, 2013, as well as Limited Liability Partnerships (LLPs) with a turnover exceeding Rs. 40 Lakhs or a contribution of Rs. 25 Lakhs. The statutory audit plays a critical role in upholding transparency, compliance, and the integrity of financial reporting for these entities.