To most organizations, the annual statutory audit in India represents a time- and resource-consuming process, but which is needed because it is mandatory. Our experienced and client-oriented audit team focuses on making the entire auditing process painless and as free from glitches as possible. Our audits add value to our client’s business since we take pains to isolate any resource wastage or errors in accounting and bring it to the client’s attention immediately. We also ensure that the audits are completed well ahead of time, leaving our client with ample opportunity to review the reports before submission.
Our audit team includes some of the best statutory auditors in India and goes through the entire process with expertise and efficiency. Our services include providing assistance with the preparation of financial statements to clarify that the company’s dealings have been fair and in accordance with the regulations. We also provide suggestions regarding a company’s financial and accounting procedures that make the system more robust and efficient. Any tax regulations that impact the client are also taken into account while advising.
Our Services
- Preparing financial statements
- Financial Review
- Tax planning advice
Every company registered / established under the Companies Act, 1956 in India has to get its accounts audited every year. It is directed to verify whether the company is adhering to all the compliance procedures applicable. In statutory audit, the statutory auditor has to report on the financial statements of the company for the given period as to whether they represent a true & fair view of the state of affairs of the company. Statutory audit report serves as a significant tool of measure to all the stakeholders / general public in assessing the viability of the company in future with respect to their dealings.
We have a strong team of Chartered Accountants who are well-equipped with the auditing framework in India & are capable of conducting the statutory audit as per the global reporting standards. We have separate dedicated teams at different branches for conducting the statutory audit of various clients located across different cities.
Statutory Audit are those as required by the Statue. They can be of various types as per different Acts.
- Statutory Audit of All Private & Public Limited Companies under Companies Act.
- Statutory Audit of Charitable & Religious Trust under Trust Act.
- Statutory Audit of Housing Societies as per Society Bye Laws.
- Statutory Audit of Banks under Banking Regulation Act.
- Tax Audit u/s 44AB & 44AD as per Income Tax Act.
- Vat Audit under the MVAT Act etc.
With our strong background & vast experience we ensure the timely completion of such audits to completely satisfy your statutory commitments & obligations.
DPNP And Associates – To conduct Business fairly & with utmost transparency & integrity, identify client expectations and deliver on commitments in timely and cost effective manner.