Audit & Assurance Services under Companies Act
Ensuring Compliance, Transparency, and Corporate Governance
Audit & Assurance Services under the Companies Act are essential for ensuring that companies maintain accurate financial records and comply with statutory requirements. These audits provide assurance to stakeholders that financial statements present a true and fair view of the company’s financial position.
We help companies navigate complex regulatory requirements, maintain compliance with the Companies Act, and strengthen governance frameworks through structured and independent audit processes.
Our Services under Companies Act
Statutory Audit
Audit of financial statements as mandated under the Companies Act to ensure true and fair reporting.
Tax Audit Compliance
Ensure compliance with income tax provisions applicable to companies along with accurate disclosures.
Internal Financial Controls (IFC)
Evaluation and reporting on adequacy and effectiveness of internal financial controls.
CARO Reporting
Preparation of detailed reports under Companies Auditor’s Report Order (CARO) requirements.
Compliance Audit
Review adherence to Companies Act provisions, rules, and corporate governance norms.
Due Diligence
Comprehensive financial and legal checks for mergers, acquisitions, and restructuring.
Our Approach
- Detailed understanding of Companies Act provisions and updates
- Risk-based audit planning and execution
- Focus on compliance, governance, and financial accuracy
- Identification of non-compliance and corrective recommendations
- Clear reporting aligned with statutory requirements
Benefits of Audit under Companies Act
- Ensures compliance with statutory and regulatory requirements
- Enhances credibility of financial statements
- Strengthens corporate governance and transparency
- Reduces risk of penalties and legal consequences
- Builds trust among investors and stakeholders
- Supports better financial and strategic decision-making
Why Choose Us?
- Strong expertise in Companies Act and audit regulations
- Practical and compliance-focused audit approach
- Timely and accurate reporting
- Customized solutions based on company size and industry
- End-to-end support for statutory compliance
Ensure Full Compliance with the Companies Act
Partner with us for reliable audit services that strengthen governance and ensure regulatory compliance.
Contact UsF.A.Q.
A statutory audit is a mandatory audit of a company’s financial statements conducted as per the provisions of the Companies Act to ensure they present a true and fair view.
Yes, all companies registered under the Companies Act are required to get their financial statements audited annually, regardless of turnover or profit.
CARO (Companies Auditor’s Report Order) requires auditors to report on specific matters like internal controls, loans, fraud, and compliance, providing deeper insights into a company’s operations.
IFC refers to processes and systems implemented by a company to ensure accuracy in financial reporting and prevention of fraud, which auditors are required to evaluate.
The statutory auditor is appointed by the shareholders of the company, typically at the Annual General Meeting (AGM).
Non-compliance can lead to penalties, legal consequences, disqualification of directors, and loss of credibility with stakeholders.
It ensures legal compliance, improves financial transparency, strengthens internal controls, and enhances trust among investors, lenders, and regulatory authorities.