Services||Audit and Assurance

Statutory Audit

Ensure Transparency. Build Trust. Comply with the Law.

A Statutory Audit is more than a legal obligation — it is a critical tool for ensuring financial accuracy, regulatory compliance, and business credibility. At [TAX WARRIOR], we offer expert statutory audit services led by qualified Chartered Accountants to help your business stay transparent, trustworthy, and fully compliant with applicable laws.

Whether you are a company, LLP, or other legal entity, our audit services are designed to give stakeholders confidence in your financial statements.

✅ What is a Statutory Audit?

A Statutory Audit is a legally mandated audit of a company’s financial statements. It ensures that the records provide a true and fair view of the company’s financial position, in accordance with accounting standards and regulatory requirements such as the Companies Act, 2013 and the Income Tax Act, 1961.

What We Offer:

Detailed Review of Financial Statements

We examine your balance sheet, profit & loss statement, cash flow statements, and notes to accounts to assess accuracy and completeness.

Verification of Books of Accounts

Our auditors conduct a thorough review of ledgers, vouchers, invoices, bank statements, and other documentation to ensure transparency.

Compliance Check

We verify compliance with statutory laws, including the Companies Act, GST, Income Tax, and other applicable financial regulations.

Internal Control Assessment

We assess and report on the effectiveness of your internal controls, suggesting improvements where necessary.

Auditor’s Report Preparation

Our team issues a comprehensive audit report as required under law, along with annexures and disclosures, ready for submission to regulators and stakeholders.

Coordination with Management

We work closely with your finance team, ensuring minimal disruption and smooth information exchange throughout the audit process.

Frequently Asked Questions (FAQs)

1. Who is required to get a statutory audit done?

All companies registered under the Companies Act, 2013 are required to undergo a statutory audit. LLPs are also required if they cross specified turnover or contribution thresholds.

2. What is the difference between statutory and internal audit?

A statutory audit is legally required and focuses on external financial reporting, while an internal audit evaluates operational efficiency and internal controls, usually initiated by the company itself.

3. What documents are required for a statutory audit?

Key documents include financial statements, bank statements, ledgers, invoices, tax returns, board meeting minutes, ROC filings, and other compliance records.

4. How long does the statutory audit process take?

Depending on the size and complexity of your business, the audit may take 2–6 weeks. Early preparation and cooperation help speed up the process.

5. What is included in the audit report?

The audit report includes the auditor’s opinion on the financial statements, disclosures on accounting practices, notes on compliance, and any qualifications or observations.

6. Can you help us prepare for the audit in advance?

Yes. We offer pre-audit preparation services, helping you organize books, reconcile accounts, and ensure your records are audit-ready.

Let’s Make Finance Simple, Together.

We’re here to make your financial journey smoother, more informed, and stress-free.