Statutory Audit

A Statutory Audit is a critical compliance requirement under the Companies Act and other governing laws to ensure the accuracy and fairness of an organization’s financial statements. At Tax Monks, we provide independent and reliable statutory audit services designed to enhance transparency, accountability, and stakeholder confidence.

Our Service Offerings Include:

• Audit of Financial Statements:
  Examination and verification of books of accounts, financial records, and statements to ensure they present a true and fair view of the company’s financial position.
• Compliance with Regulatory Requirements:
  Conducting audits in accordance with the provisions of the Companies Act, 2013, and applicable Accounting Standards and Auditing Standards issued by ICAI.
• Internal Control Evaluation:
  Assessment of internal controls and risk management systems to ensure operational efficiency and safeguard of assets.
• Audit Planning & Reporting:
  Structured audit approach covering planning, risk identification, testing, and preparation of detailed audit reports and management letters.
• Assistance During Regulatory Reviews:
  Support during inspections or reviews conducted by statutory authorities and regulators.
• Audit for Non-Corporate Entities:
  Statutory audits for LLPs, partnerships, trusts, and societies as per the respective legal requirements.

At Tax Monks, our audit approach combines professional skepticism, in-depth analysis, and practical insight — ensuring that your financial reporting remains compliant, transparent, and trusted by all stakeholders.