Statutory Audit

The principal objectives of the Statutory Audit is to ensure that the financial statements i.e. the Balance Sheet, Profit & Loss Account and Schedules forming part of Balance sheet and Profit/ Loss account, give a true & fair view and are free from any material misstatements. We ensure that the financial statements are drawn up with proper presentation and disclosure requirements as per the applicable laws. We also ensure that the auditee has fulfilled all the legal compliances.

Under various statutes the business or entities have to get accounts audited. We carry out the same under different statutes;

  • Companies Act, 1956
  • Income Tax Act, 1961
  • Banking Regulation Act, 1949
  • Electricity Supply Act, 1948
  • Co – Operative Societies Act, 1960
  • Various Religious & Endowment Acts
  • Non Profit organizations
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