Mandatory Audit of Financial Statements as per Company Law
A Statutory Audit is an audit mandated by law to ensure that a company’s financial statements present a true and fair view of its financial position. It is governed by the provisions of the Companies Act, 2013 and conducted by an independent Chartered Accountant.
All companies registered under the Companies Act (Private/Public)
Limited Liability Partnerships (LLPs) with turnover over ₹40 lakhs or capital over ₹25 lakhs
Other entities governed by specific statutes (Societies, Trusts, Co-operative Societies, etc.)
Appointment of Statutory Auditor as per legal requirements
Detailed verification of books of accounts, ledgers, and financial statements
Preparation and review of Balance Sheet, Profit & Loss, Cash Flow Statement
Verification of statutory compliances: Companies Act, GST, Income Tax, PF, ESI, etc.
Reporting on internal control systems and corporate governance
Filing of Audit Report with ROC and relevant authorities
Guidance on disclosures, notes to accounts, and audit documentation
Coordination with directors and management for audit sign-off
Audit Report under Companies Act – CARO 2020 (if applicable)
Certified financials – Balance Sheet, P&L, Cash Flow
Audit documentation for ROC and shareholder presentation
Suggestions for better compliance and internal control improvements
Builds stakeholder trust and financial credibility
Helps detect frauds, errors, and financial irregularities
Mandatory for raising funds or participating in government tenders
Ensures compliance with regulatory frameworks
End-to-End Statutory Audit Services
From auditor appointment to final reporting, we manage the full statutory audit process with precision and compliance.
Email: info@ssconsultancy.net
Phone: +91 92468 22006
Hyderabad
+91 92468 22006