Skip to content

Request a Call Back

Share your details β€” our GST expert will call within 2 hours.

πŸ“‘ Company Audit & Compliance Support

Statutory Audit Services in India

Professional statutory audit, company audit, financial statement review, internal control review, audit documentation and compliance support for private limited companies, businesses, firms and organizations.

Professional Statutory Audit Services

Statutory audit is a legally required examination of a company’s financial records, accounting books, financial statements and compliance documents. It helps verify whether the financial statements present a true and fair view of the business position.

New GST Registration provides professional statutory audit support for private limited companies, corporate entities, firms, organizations, startups and growing businesses. Our team helps with financial statement review, audit documentation, compliance verification, internal control review and risk identification.

We assist businesses in maintaining proper financial transparency, improving accounting records, preparing audit-ready documents and meeting statutory audit compliance requirements.

Our Statutory Audit Services Include

πŸ“Š

Financial Statement Review

Review financial statements for accuracy and compliance.

βœ…

Compliance Verification

Check compliance with applicable audit and legal requirements.

πŸ”

Internal Control Assessment

Review internal controls and identify process gaps.

πŸ“

Audit Documentation Support

Prepare and organise audit working documents.

⚠️

Risk Identification

Identify financial, reporting and compliance risks.

πŸ“‘

Audit Reporting Assistance

Support for audit report preparation and finalisation.

🏦

Bank Reconciliation Review

Review bank records and reconciliation details.

🧾

Invoice & Voucher Checking

Review invoices, vouchers and supporting documents.

πŸ“‹

GST & TDS Compliance Review

Review GST, TDS and tax compliance records.

πŸ“š

Books of Accounts Review

Review ledgers, trial balance and accounting entries.

🏒

Company Audit Support

Audit support for private limited companies and businesses.

πŸ’‘

Audit Advisory Support

Guidance for audit observations and compliance improvements.

Important Areas Covered in Statutory Audit

Audit Area What We Review Purpose
Financial Statements Balance sheet, P&L and notes Accuracy and true financial view
Books of Accounts Ledgers, trial balance and entries Accounting correctness
Tax Compliance GST, TDS and income tax records Compliance verification
Bank Records Bank statements and reconciliation Cash and bank accuracy
Internal Controls Processes, approvals and documentation Risk reduction

Why Statutory Audit is Important?

Statutory audit is important because it verifies whether financial statements present a true and fair view of the company’s financial position. It also helps identify accounting errors, compliance gaps, internal control weaknesses and reporting issues.

A properly conducted audit improves financial transparency, strengthens business credibility and supports better decision-making for directors, shareholders, banks, investors and regulatory authorities.

Statutory audit also helps businesses keep their records audit-ready, reduce fraud risk, improve reporting standards and maintain confidence among stakeholders.

Statutory Audit for Private Limited Companies

Private limited companies generally need proper audit and financial reporting support to maintain statutory compliance. Audit work includes review of financial statements, accounting records, GST and TDS records, bank reconciliation, fixed asset details and supporting documentation.

Our team helps private limited companies prepare audit-ready records, organize financial documents, review accounting accuracy and coordinate audit support in a structured manner.

Common Audit Issues Found in Businesses

  • βœ… Missing invoices or vouchers
  • βœ… Bank reconciliation differences
  • βœ… Wrong expense classification
  • βœ… GST and TDS mismatches
  • βœ… Incomplete fixed asset register
  • βœ… Ledger balance mismatches
  • βœ… Poor documentation control
  • βœ… Missing approval records

Benefits of Statutory Audit

  • βœ… Improved financial transparency
  • βœ… Enhanced business credibility
  • βœ… Compliance with legal requirements
  • βœ… Better risk management
  • βœ… Accurate financial reporting
  • βœ… Internal control improvement
  • βœ… Helpful for banks and investors
  • βœ… Fraud risk reduction

Who Needs Statutory Audit?

🏒 Private Limited Companies πŸ›οΈ Corporate Entities πŸ“ˆ Growing Businesses πŸ“‹ Organizations Requiring Audit Compliance βœ… Companies Under Statutory Audit Requirements 🏦 Businesses Seeking Bank Finance 🀝 Companies with Investors πŸ“Š Companies Maintaining Formal Accounts πŸš€ Startup Companies πŸ’Ό MSME Businesses

Documents Required for Statutory Audit

πŸ“„

Financial Statements

Balance sheet and profit & loss statement.

πŸ“Š

Accounting Records

Books of accounts, ledgers and trial balance.

🏦

Bank Statements

Bank records and reconciliation statements.

🧾

Invoices & Vouchers

Sales, purchase and expense supporting documents.

πŸ“‹

Tax Records

GST, TDS and income tax compliance records.

πŸ“

Previous Audit Reports

Past audit reports and observations if available.

πŸ“‘

Fixed Asset Register

Asset details, depreciation and supporting records.

πŸ‘₯

Shareholder & Director Records

Company ownership and management records where applicable.

πŸ’³

Loan Statements

Loan accounts, EMI records and interest certificates.

πŸ“š

Statutory Records

Company registers and compliance records where applicable.

Statutory Audit Process

Our statutory audit support process is structured to make audit work smooth and organised. We help collect financial records, review accounting data, verify compliance documents and support audit reporting.

01. Initial Review

Business records and audit requirements are reviewed.

02. Document Collection

Financial statements, ledgers and compliance records are collected.

03. Financial Verification

Books, vouchers, invoices and balances are reviewed.

04. Compliance Review

GST, TDS, income tax and statutory records are reviewed.

05. Audit Observations

Audit gaps, mismatches and risk areas are identified.

06. Audit Support

Documentation and audit reporting support are provided.

Common Audit Areas We Review

During statutory audit support, important accounting and compliance areas are reviewed to identify errors, mismatches, missing records and possible risk points.

  • βœ… Revenue and sales records
  • βœ… Purchase and expense records
  • βœ… Bank reconciliation
  • βœ… GST and TDS compliance
  • βœ… Fixed asset records
  • βœ… Financial statement accuracy
  • βœ… Ledger balances
  • βœ… Audit documentation

Statutory Audit Services Across NCR

We provide statutory audit services, company audit support, financial statement review and audit documentation support in Delhi, Noida, Greater Noida, Gurugram, Ghaziabad, Faridabad, Meerut, Rohtak, Sonipat, Panipat, Bahadurgarh, Etah and other business locations across India.

Delhi Noida Greater Noida Gurugram Ghaziabad Faridabad Meerut Rohtak Sonipat Panipat Bahadurgarh Etah

Why Choose New GST Registration?

We provide audit, accounting and compliance support under one roof. Along with statutory audit support, we assist with accounting, bookkeeping, GST return filing, TDS return filing, ITR filing, MCA/ROC compliance, Zoho Books and services.

  • βœ… Audit documentation support
  • βœ… Financial statement review
  • βœ… Compliance verification
  • βœ… Risk identification support
  • βœ… Accounting records review
  • βœ… Complete business compliance help

Frequently Asked Questions

What is a statutory audit?

A statutory audit is an independent examination of financial statements and accounting records to ensure compliance, accuracy and transparency.

Who needs a statutory audit?

Companies and entities covered under applicable audit requirements need statutory audits.

Why is statutory audit important?

It improves financial transparency, compliance, internal control and stakeholder confidence.

What documents are required for statutory audit?

Financial statements, accounting records, bank statements, invoices, vouchers, tax records and compliance documents are generally required.

Can statutory audit help identify risks?

Yes, audit reviews often identify financial, reporting, internal control and compliance risks.

Do you provide audit support for private limited companies?

Yes, we provide statutory audit support for private limited companies, businesses and organizations.

Do you also help with accounting records?

Yes, we provide accounting, bookkeeping and audit documentation support.

Can you support GST and TDS records during audit?

Yes, we assist with GST, TDS and tax compliance records review during audit support.

Do you provide statutory audit services across India?

Yes, we provide statutory audit and audit documentation support across India.

Can you help prepare audit-ready documents?

Yes, we help organise financial statements, ledgers, invoices, vouchers, bank records and compliance documents for audit support.

πŸ“‘ Get Audit Support

Fill the form β€” we'll call you shortly.

Need Statutory Audit Assistance?

Contact our experts for statutory audit, compliance review, documentation and financial reporting support.