As per the Companies Act, 2013 it is necessary to conduct to a company audit. Every companies regardless of its type of business or turnover should have their yearly accounts audited every financial year. This process can be successfully executed when the company directors appoint an auditor for the audit. Furthermore, at all annual general meeting (AGM), an auditor is appointed by the shareholders of the company who will continue the position from one AGM to the conclusion of next AGM. According to the Companies Act, 2017 it allows auditors to be appointed for a term period of 5 years. But in the case of individuals /partnership firms, auditors cannot be appointed for above one or two terms. It is compulsory for the auditor to be changed after the end of the term.
A good company to all.
Company audit helps to identify weaknesses in the accounting systems and enables us to suggest improvements.
An audit will enhance the credibility & reliability of the figures being submitted to prospective buyers. If an owner manager is planning on selling in the next three years, it may be beneficial to carry out regular audits
company audit assures directors not involved in the accounting functions on a day-to-day basis that business is running in accordance with information they are receiving, and helps reduce the scope for fraud and poor accounting.
company audit gives assurance to shareholders that the figures in the accounts show a true and fair view
Company audit adds credibility to published information for employees, customers, suppliers, investors and tax authorities:
In conformation with the statutes.
Getting Appointment Letter & Board Resolution Copy
Getting NOC from Previous Auditor
Filing our no disqualification status to the company
Filing of Form 23B to ROC
Getting Letter of Engagement
Assessment of Internal Control
Formulation of Internal Audit Program Action Plan and Calendar
Conduction Audit as per IGAAP Companies Act ICAI Accounting Standards and Auditing Standards
Forming an opinion on financial statement prepared by the company
Reporting to Shareholders
May be everything, belonging to the Company.
Acclaimed as a good Company.
Variety of services under a single umbrella.
Experts to advise you on multiple issues.
Well versed with the procedural rules.