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A Statutory Audit is a legally required review of the accuracy of a companiesu2019 or Governmentu2019s financial statements and records which are covered under a statute passed by the Government. The purpose of a statutory audit is to determine whether an organization provides a fair and accurate representation of its financial position and financial results by examining information such as Assets, Liabilities, Bank Balances, book-keeping records and financial transactions like revenue and expenses.<br><br>click on the link for more information: https://bit.ly/3VwJlYc
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Statutory Audit A Statutory Audit is a legally required review of the accuracy of a companies’ or Government’sfinancial statements and records which are covered under a statute passed by the Government. The purpose of a statutory audit is to determine whether an organization provides a fair and accurate representation of its financial position and financial results by examining information such as Assets, Liabilities, Bank Balances, book-keeping records and financial transactions like revenue and expenses. Statutory Auditing team consists of experienced professionals for effectively conducting the statutory auditing procedure. The team members remain acquainted with the latest changes in the statutory auditing arena for staying ahead in the loop. Our statutory audit department conducts audit by adhering to various global accounting and auditing standards for conducting fair and accurate audits for various stakeholders like Shareholders, Government, Banks, Financial Institutions, General Public and Investors.