We have gained expertise in providing the professional Statutory Audit & Assurance Service to the companies across India. All the companies registered under the Companies Act, 1956, whether public or private and whether having a share capital or not, are required to maintain proper books of accounts under Section 209 of the Companies Act, 1956. Companies have also to get their Books of accounts audited as required under section 224 of the Act. Section 224 governs the appointment of auditors.

The auditors are to be appointed by the shareholders of the company in an annual general meeting by passing an ordinary resolution. Kindly note appointment of Statutory under section 224(1) is an ordinary business read with Section 173 of the Companies Act, 1956. First auditors are to be appointed by the Board of directors within one month of the date of registration of the company as per section 224(5). Tax Audit is mandatory if a Assessee having gross receipt/sale above of Rs.60, 00, 000 and for professional Receipt is above 15, 00, 000. First Auditor is appointed by BOD within 1 month from date of reg. of the company. If BOD fails, auditor is appointed by share holder passing a board resolution.

The principal objectives of the Statutory Audit is to ensure that the financial statements i.e. the Balance Sheet, Profit & Loss Account and Cash Flow Statement give a true & fair view and are free from any material misstatements.

We ensure that the accounts of the clients are strictly prepared in compliance with the Generally Accepted Accounting Principles (GAAP) and also that they do not contain any misstatement, error and discrepancy. We also conduct effective reviews of operational and financial performance, monitor organizational ethics, suggest continuous improvement strategies, and assess the quality, economy, and efficiency of the operations.

We have gained expertise in providing the professional Statutory Audit & Assurance Service to the companies across India. All the companies registered under the Companies Act, 1956, whether public or private and whether having a share capital or not, are required to maintain proper books of accounts under Section 209 of the Companies Act, 1956. Companies have also to get their Books of accounts audited as required under section 224 of the Act. Section 224 governs the appointment of auditors. The auditors are to be appointed by the shareholders of the company in an annual general meeting by passing an ordinary resolution. Kindly note appointment of Statutory under section 224(1) is an ordinary business read with Section 173 of the Companies Act, 1956. First auditors are to be appointed by the Board of directors within one month of the date of registration of the company as per section 224(5). Tax Audit is mandatory if a Assessee having gross receipt/sale above of Rs.60, 00, 000 and for professional Receipt is above 15, 00, 000. First Auditor is appointed by BOD within 1 month from date of reg. of the company. If BOD fails, auditor is appointed by share holder passing a board resolution. The principal objectives of the Statutory Audit is to ensure that the financial statements i.e. the Balance Sheet, Profit & Loss Account and Cash Flow Statement give a true & fair view and are free from any material misstatements. We ensure that the accounts of the clients are strictly prepared in compliance with the Generally Accepted Accounting Principles (GAAP) and also that they do not contain any misstatement, error and discrepancy. We also conduct effective reviews of operational and financial performance, monitor organizational ethics, suggest continuous improvement strategies, and assess the quality, economy, and efficiency of the operations.