Statutory audit
Independent audit of financial statements under the Companies Act, 2013 and other laws, with reports for owners, lenders and regulators.
What we do
- Audit of companies, LLPs, partnership firms, proprietary concerns, trusts and societies
- Audit in accordance with the Standards on Auditing, with reporting under CARO 2020 where it applies
- Reporting on internal financial controls over financial reporting, where required for the company
- Checking that the accounting software keeps an audit trail (edit log), as the law now requires for companies
- Communication with management and those charged with governance, including a management letter
- Help in answering queries from regulators, lenders and investors
Who it is for
Entities that must have their accounts audited by law, or that lenders and investors ask to have audited.
What we usually need from you
- Trial balance, ledgers and the fixed asset register
- Bank statements and confirmations, and loan agreements
- Statutory registers, board and shareholder minutes, and material contracts
- Statutory returns and the previous year's signed financial statements
Please note
We confirm independence before accepting an audit. Section 144 of the Companies Act, 2013 bars an auditor from providing certain other services to the company it audits.