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Home Statutory & Tax Audit

A Statutory Audit is a mandatory audit required by law to check whether a company’s financial statements are true and fair.

Governing Law

Companies Act, 2013

Who conducts it?

A Chartered Accountant (CA)

Purpose

Verify financial statements

Ensure compliance with accounting standards

Protect stakeholders (investors, government, etc.)

Applicability

All companies (Private & Public Limited)

LLPs (if turnover exceeds limits)

Some other entities as per law

Output

Audit Report attached with financial statements

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