Statutory Audit Services
A statutory audit, also known as an external audit, ensures that your company's financial statements provide a true and fair representation of its financial position and profitability. Governed by the Companies Act, 2013, and the Companies (Audit and Auditors) Rules, 2014, this audit is mandatory for all companies registered under the Act.
At Panchal S K, we go beyond compliance—our statutory audit services are designed to add value to your business. Leveraging proprietary audit methodologies, we obtain reasonable assurance that your financial statements are free from material misstatements, minimizing audit risk and enhancing financial accuracy.
Our Approach to Statutory Audits:
- Risk-Based Auditing – We tailor our audit procedures based on professional judgment, ensuring that they align with identified risks and your business’s unique requirements.
- Technology-Driven Efficiency – Our audits incorporate Computer-Assisted Audit Techniques (CAATs) and advanced software solutions to maintain structured audit records, enhance accuracy, and meet deadlines efficiently.
- Independence & Transparency – We maintain strict independence throughout the audit process and encourage open communication to foster trust and collaboration.
- Beyond Compliance – We believe a statutory audit is more than just a regulatory requirement. It’s an opportunity to identify financial inefficiencies, improve internal controls, and support informed decision-making for your business’s success.
With Panchal S K, you get more than just an audit you gain a trusted financial partner committed to ensuring your business stays compliant while unlocking opportunities for growth and efficiency.