What is a Statutory Audit?

A Statutory Audit is a compulsory financial review mandated by the Companies Act, 2013, conducted by an independent CA. It verifies the accuracy of your company’s financial records and ensures they present a true and fair view of your business.
Statutory audits play a key role in:
> Ensuring legal compliance
> Maintaining investor and lender confidence
> Preventing fraud and financial discrepancies
> Supporting smooth ROC and tax filings

Who Needs a Statutory Audit?

If your business is registered as:
> A Private Limited Company
> A Public Limited Company
> A One Person Company (OPC)
> A Section 8 Company (NGO)
You are legally required to conduct an annual statutory audit—regardless of your revenue.

Timeline for Statutory Audit

Auditor Appointment: Within 30 days of company incorporation
Audit Completion: Prior to the Annual General Meeting (AGM)
Filing of Reports: Timely submission of audited reports to authorities

Documents Required

To conduct the audit, you’ll need to provide:
✔️ Financial statements (Balance Sheet, P&L, etc.)
✔️ Purchase & sales records
✔️ Bank statements and reconciliations
✔️ GST returns, TDS reports
✔️ Statutory registers and previous audits (if any)

Why Choose Taxware?

✔️ Certified & Experienced CAs
✔️ 100% Statutory Compliance Guarantee
✔️ Seamless coordination & document handling
✔️ Fast turnaround times
✔️ Transparent pricing
✔️ Trusted by startups and established companies across India

Our Statutory Audit Process

✔️ Initial Consultation & Document Checklist
✔️ Financial Review & Compliance Check
✔️ Audit Execution by Qualified CA
✔️ Preparation of Audit Report
✔️ Filing Support & Ongoing Assistance

Let’s Get Started

Avoid penalties and build financial trust with a reliable statutory audit from Taxware.