A Statutory Audit is a mandatory financial audit required under the Companies Act, 2013, ensuring businesses comply with regulatory frameworks and maintain financial transparency. Conducting a statutory audit helps companies validate financial accuracy, enhance credibility, and mitigate compliance risks.
At Vidhu Duggal & Company, we offer comprehensive Statutory Audit & Assurance Services, ensuring your financial statements present a true and fair view of your company's financial position. Our team of experienced Chartered Accountants conducts audits in strict adherence to the latest accounting and auditing standards, helping businesses improve financial governance, ensure compliance, and maintain investor confidence.
Free Consultation
Examination of financial records to verify accuracy and compliance.
Ensuring adherence to Indian Accounting Standards (Ind AS) and GAAP.
Validation of revenue, expenses, assets, and liabilities.
Ensuring compliance with Companies Act, 2013, Income Tax Act, GST Act, and other statutory regulations.
Assessment of corporate governance and regulatory adherence.
Identification of non-compliance risks and corrective measures.
Assessment of internal controls, risk management, and fraud detection.
Recommendations to strengthen governance frameworks.
Identification of operational inefficiencies and process improvements.
Evaluating business risks affecting financial health and regulatory compliance.
Designing risk mitigation strategies for better financial control.
Implementation of internal checks and balances to prevent fraud.
Conducting tax audits under Section 44AB of the Income Tax Act.
Ensuring accurate tax reporting and compliance.
Assistance in corporate tax planning and optimization.
Comprehensive review for mergers, acquisitions, and investments.
Evaluation of financial health and potential risks before business transactions.
Detailed financial and operational analysis for stakeholders.
Examination of business processes to enhance efficiency and effectiveness.
Identification of areas for cost reduction, performance improvement, and process automation.
Implementation of best industry practices.
Verification of annual reports, board reports, and financial disclosures.
Ensuring accuracy, transparency, and compliance with regulatory bodies.
Assistance in preparing audit reports and financial statements.
Experienced Audit Professionals: A team of skilled Chartered Accountants ensuring high-quality audits.
Comprehensive Audit Approach: In-depth analysis of financial records, risk assessments, and compliance reviews.
Regulatory Compliance Expertise: Ensuring adherence to all relevant laws, rules, and standards.
Tailored Audit Solutions: Industry-specific audit strategies for enhanced financial accuracy.
Risk Mitigation & Fraud Prevention: Identifying risks and providing proactive solutions.
Confidential & Ethical Practices: Maintaining utmost integrity and confidentiality in audits.
A statutory audit is a legal requirement under the Companies Act, 2013, to ensure that financial statements provide a true and fair view of a company’s financial position. It helps in maintaining corporate transparency and compliance with regulatory standards.
All companies, LLPs, and certain entities exceeding a turnover threshold must undergo a statutory audit as per the Companies Act, 2013.
A statutory audit helps in identifying financial discrepancies, improving financial controls, and ensuring compliance, thereby boosting investor and stakeholder confidence.
Non-compliance with statutory audit requirements may lead to financial penalties, legal action, and reputational risks for businesses.
We provide end-to-end statutory audit services, including audit planning, risk assessment, financial statement verification, compliance checks, and audit reporting to ensure complete regulatory compliance.
Vidhu Duggal and Company (‘VDC’) is a Delhi-based Chartered Accountancy firm with a strong staff of competent and proficient Chartered Accountants that are capable of handling all aspects of the financial services industry.
Vidhu Duggal & Company © | All Rights Reserved
Technical Partner - 
