What This Service Includes
- Statutory audit coordination and support
- Review of books of accounts and financial statements
- Identification of discrepancies or compliance gaps
- Audit documentation support
- Coordination with applicable regulatory requirements
- Post-audit reporting and follow-up guidance
Who Needs This Service
- Companies and LLPs required to undergo statutory audit
- Businesses seeking an internal review of their financial records
- Organizations preparing for external audit or due diligence
Why Professional Assistance Helps
Audits verify that financial statements accurately reflect the business's position. Working with an experienced team helps ensure records are organized, discrepancies are addressed early, and the audit process runs smoothly.
Our Process
Scope discussion
We understand your business structure and the applicable audit requirement.
Records review
Books of accounts and supporting documentation are reviewed for accuracy and completeness.
Audit coordination
We coordinate the audit process and address queries as they arise.
Reporting
Findings are documented and shared, along with guidance on any follow-up action.
Frequently Asked Questions
Which businesses require a statutory audit?
This depends on the entity type, turnover, and applicable regulatory thresholds under company law and tax law. We can help you understand whether your business currently falls under an audit requirement.
How long does an audit typically take?
Timelines vary based on business size, record quality and the scope of audit — we'll give you a realistic estimate after reviewing your books.
What should I prepare before an audit?
Organized books of accounts, bank statements, supporting invoices and prior filings are typically needed. We'll share a specific checklist based on your business.