Statutory Audit

Independent examination of financial statements to meet statutory and regulatory requirements.

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Tax Audit plays a critical role in ensuring that businesses comply with the Income Tax Act while maintaining accurate and transparent financial records. Beyond statutory reporting, a well-executed tax audit helps identify reporting gaps, potential tax exposures, and compliance weaknesses before they escalate into penalties or disputes. Our approach combines regulatory knowledge with practical understanding of business operations, ensuring audits are completed efficiently and aligned with current legal requirements.

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Benefits for Clients

Key Offerings

01

Regulatory compliance review

Ensures adherence to statutory and accounting requirements through structured audit procedures and regulatory aligned review processes.

02

Financial statement verification

Validates accuracy of reported financial information by examining records, disclosures, and supporting documentation systematically

03

Risk identification

Highlights compliance and reporting weaknesses early, allowing management to address gaps before regulatory scrutiny intensifies.

04

Audit documentation

Maintains clear and defensible audit records that support conclusions, reviews, and future regulatory or stakeholder inquiries.

05

Stakeholder assurance

Builds trust with regulators and investors by demonstrating transparency, accuracy, and disciplined financial reporting practices.

FAQ's

Entities meeting prescribed legal thresholds under applicable laws are required to comply with statutory audit requirements as defined by relevant regulations.
Audit timelines depend on entity size, transaction complexity, and the level of preparedness and organisation of financial records.
Audit timelines depend on entity size, transaction complexity, and the level of preparedness and organisation of financial records.
Yes, detailed observations and practical improvement suggestions are shared with management to strengthen controls and reporting practices.
Yes, we support interactions with regulatory authorities by assisting with documentation, explanations, and audit related communications

Ready to streamline your

Contact us to conduct your statutory audit with clarity and confidence.