Statutory Audit Of Financial Statements

About Statutory Audit Of Financial Statements

Statutory audit is an official inspection of an organization’s financial records by an external entity designed to determine if the financial statements and records are accurate and to provide stakeholders such as investors and shareholders with an opinion on accuracy of company’s account. These statements are relied upon by investors, government, bankers, and creditors etc. Therefore, ensuring the integrity of the financial data and information is critical to building and preserving trust in the financial reporting process. The firm implements latest method of audit for maximising audit efficiency through risk based audit approvals, technology based audit with skilled professionals to ensure timely delivery with quality. We also assist in auditing Internal Financial Controls as a part of normal statutory audits and special assignments where we analyze existing internal control systems, identify risk-prone areas, and suggest remedial measures to mitigate the identified risk.

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