Statutory Audit
A statutory audit is a legally mandated assessment of a company’s financial statements and records. This independent review ensures that your financial information is accurate, fair, and compliant with all relevant regulations. Businesses of a certain size or type are required by law to undergo this audit annually, offering numerous benefits for both internal stakeholders and external users of your financial information.
In India, Statutory Audit is mandated for a Company under Companies Act, 2013.
Here’s what SAKH & Associates can do to help you navigate the statutory audit process for a Company by liaising with its Statutory Auditors:
- Streamline the Process: We understand that statutory audits can be complex and time-consuming. Our experienced team will work closely with you to gather and organize all necessary documents, ensuring a smooth and efficient process. We’ll act as your intermediary, coordinating communication and facilitating a smooth audit process.
- Expert Guidance: Our qualified Chartered Accountants (CA) possess the deep knowledge and expertise required to help the Company in presenting financial information to its Statutory Auditors. They will analyze your financial statements, assess internal controls, and ensure adherence to all applicable accounting standards.
- Clear Communication: We believe in keeping you informed every step of the way. You will receive regular updates on the progress of the audit and have access to a dedicated point of contact for any questions or concerns.
- Risk Minimization: By identifying potential weaknesses in your internal controls, our comprehensive audit report will help you mitigate financial risks and improve overall financial transparency.
- Enhanced Credibility: A successful statutory audit report adds credibility and trustworthiness to your company, attracting investors, strengthening business relationships, and boosting confidence in your financial health.
Beyond just completing the audit, SAKH & Associates aims to provide you with valuable insights and recommendations. We can help you:
- Understand the audit findings and their implications.
- Develop strategies to address any identified weaknesses.
- Improve your internal controls and financial reporting processes.
Choosing SAKH & Associates for your statutory audit ensures:
- Experience and expertise:Our team has a proven track record of helping Companies in preparation of various financial information for businesses across various industries so that Companies can get the audit closed through its Statutory Auditors.
- Cost-effective solutions:We offer competitive fees and transparent pricing structures.
- Personalized service:We prioritize building strong relationships with our clients, providing customized solutions to meet your specific needs.
