An audit is the examination of an entity’s financial statements and accompanying disclosures by an independent auditor. The result of this examination is a report by the auditor, attesting to the fairness of presentation of the financial statements and related disclosures. The auditor’s report must accompany the financial statements when they are issued to the intended recipients.  

In India statutory audit means the audit which is prescribed by statue. The dictionary meaning of the term “audit” is check, review, inspection, etc. There are various types of audits prescribed under different laws like company law requires a company audit; cost accounting law requires a cost audit, etc…

We while conducting statutory Audit’s follows various standards on auditing (SA’S) prescribed and issued by the Institute of Chartered Accountants of India (ICAI). We have an expert team possessing relevant expertise in the audit functions