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Company Audit

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Just fill the form and our CA's will contact you regarding the Company Audit.

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Filling out the form is quick and easy and will provide you with numerous benefits in the long run. By this, you will be able to get consultation from our Auditorwala CA/CS and will be able to get Guidance. So, why wait? Take the first step towards a bright future for your business and fill out the form today.

Required Documents for Company Audit/Statutory Audit Services

  • Appointment of Auditor in Company

  • Verification of Books of Accounts

  • Preparation of Audit Report

  • Clarification & Query Supports

  • Filing of MCA Annual Forms

  • General Audit related Services

    • Step-1 : Make Inquiry

    Send us your company details. Our Representative will connect with you for Appointment of Auditor in Company.


    Step-2 : Auditor Appointment

    Our Manager will File required forms to MCA for Appoinment of Auditor in your Company.


    Step-3 : Book of Account

    Once We will start Audit Procedure, You need to give our Auditor a Complete books of Accounts with Required information asked by CA.


    Step-4 : Query Solving

    Once Completion of Audit, Chartered Accountant will issue Query list (if found any). Company will Resolve such query.


    Step-5 : Audit Report

    Auditor will Issue Independed Audit Report with their opinion on financial statement of the company. For Such Financial year audit will be considered as completed.


    Step-6 : RoC Filings

    ast Stage, Filing of Audit Report and Financial Statement to MCA/ROC.

  • Public Limited Company : Compulsory Audit Required

  • Private Limited Company : Mandatory Audit Even if Nil Turnover

  • One Person Company : Mandatory Audit

  • LLP : If turnover is morethan 40 Lakhs

  • Section 8 Company : Audit is Compulsory

  • Banking, Insurance, Govt Co etc: Audit Required

    • The duration of a company audit can vary depending on the size and complexity of the business. Smaller companies may require a few days to complete the audit, while larger companies may take several weeks or even months.

    What is Company/Statutory Audit Service?

    The statutory audit is a mandatory audit that every private limited company must conduct irrespective of its profit or turnover. A company incurring loss must also conduct a statutory audit. Every private limited company must compulsorily get their annual accounts audited each financial year as per the Act and Companies (Accounts) Rules, 2014. The objective of the statutory audit is to determine if a company is providing an accurate representation of its financial situation after examining the information in the books of account, bank balance and financial statements.

    Frequently Asked Questions

    Here are some frequently asked questions regarding Company Audit...

    At each Annual General Meeting (AGM), the shareholders of the company must appoint an auditor who holds the position from one AGM to the conclusion of the next AGM. The Companies (Amendment) Act, 2017 maintains that the auditors can only be appointed for a maximum term of five consecutive AGMs.

  • A person who is a partner with an employee of the company or employee of a company employee;
  • Any person who is indebted to a company for a sum exceeding INR 1,000 (US$14) or who have guaranteed to the company on behalf of another person a sum exceeding INR 1,000 (US$14);
  • Any person who has held any securities in the company after one year from the date of commencement of the Companies (Amendment) Act, 2000;

    • The Company Auditor's Report Order (CARO), 2016 requires an auditor to report on various aspects of the company, such as fixed assets, inventories, internal audit standards, internal controls, statutory dues, among others. The auditor must follow the auditing standards as recommended by the Institute of Chartered Accountants of India (ICAI). In case the auditor uncovers any fraud during the audit must report it to the government immediately.

    For non-compliance with a statutory audit, fines range from INR 25,000 (US$351) to INR 500,000 (US$7,029) for the company. For every officer in default, imprisonment of up to one year, or fine of INR 10,000 (US$140) to INR 100,000 (US$1,405), or both.

    While auditing if you do not have any receipt, the auditor may accept any other documentation and in case you fail to present the same the auditor will not accept the entry in the books of accounts.

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