Statutory Audit Services in Compliance with Co. Act 2013

A statutory audit is a mandated examination of a company's financial records, transactions, and operations, conducted in accordance with the provisions of the Companies Act 2013. It is a legal requirement for all companies registered under the Act, aimed at ensuring transparency, accountability, and reliability in financial reporting.

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Welcome to FINITRA FINNOVATION, where we offer expert statutory audit services tailored to meet the stringent requirements of the Companies Act 2013. With a team of seasoned Professionals and a commitment to excellence, we ensure that our clients receive reliable, accurate, and timely audit solutions that comply with regulatory standards.

Key points regarding statutory audit under the Companies Act of 2013 include:

Comprehensive Examination: Our experienced audit team conducts a thorough examination of the company's financial statements, accounting records, internal controls, and compliance with accounting standards prescribed under the Companies Act 2013.

Compliance Assurance: We verify the company's compliance with statutory requirements, including maintenance of books of accounts, preparation of financial statements, holding of annual general meetings (AGMs), appointment of auditors, and filing of annual returns with the Registrar of Companies (ROC).

Risk Assessment and Mitigation: We assess the company's risk exposure, internal control environment, and financial health to identify potential risks, discrepancies, or irregularities. Our audit procedures include risk-based auditing techniques to ensure comprehensive coverage and effective risk mitigation strategies.

Transparent Reporting: We prepare detailed audit reports in compliance with the prescribed formats under the Companies Act 2013. Our reports provide clear and concise explanations of audit findings, observations, and recommendations for improvement, enhancing transparency and accountability.

Expert Guidance and Support: Our audit team offers expert guidance and support throughout the audit process. We address client queries, provide insights into regulatory requirements, and assist in implementing audit recommendations for strengthening internal controls and financial management practices.

Timely Completion: We understand the importance of timely completion of statutory audits to meet regulatory deadlines. With efficient planning, execution, and review processes, we ensure that audits are completed within the stipulated timeframes without compromising on quality and accuracy.

Ensure compliance, transparency, and reliability in financial reporting with our expert statutory audit services. Contact FINITRA FINNOVATION today to discuss your audit requirements and experience the difference of working with a trusted audit partner.