Statutory Audit Services

At Finsarthi Global, we view statutory audit not as a mere compliance activity but as a crucial step towards enhancing corporate governance, transparency, and trust. Our statutory audit services cover the entire range of requirements under the Companies Act, 2013 and other applicable laws.

Our comprehensive scope includes Audit of Financial Statements with verification and certification of Balance Sheet, Profit & Loss Account, and Cash Flow Statements. We ensure Compliance with Standards including adherence to Accounting Standards (AS), Indian Accounting Standards (Ind-AS), International Financial Reporting Standards (IFRS), and Generally Accepted Accounting Principles (GAAP).

We conduct Tax Audits mandated under the Income Tax Act to report specified particulars in Form 3CA/3CD, GST Audits for verification of GST returns, reconciliations, and compliance with GST provisions, and specialized Banking & Insurance Audits for financial institutions, NBFCs, and insurance companies. Our services include Certification & Reporting by providing statutory certificates, compliance reports, and other attestations as required.

Every company registered in India is mandated to conduct a statutory audit irrespective of its size or business volume. The importance includes Legal Compliance for avoidance of penalties, fines, or prosecution under the Companies Act, Transparency ensuring that financial statements give a "true and fair" view of the financial position, Investor & Lender Confidence as reliable audited statements are essential for raising capital or securing loans, Detection of Errors & Fraud as regular audits act as a safeguard against misstatements and fraud, and Corporate Governance by strengthening internal controls and governance structures.

At Finsarthi Global, our audit methodology combines risk-based auditing with modern technology and data analytics. We adopt a value-driven strategy including Planning & Understanding by studying the business model, industry regulations, and risk environment, Process Evaluation by reviewing internal controls, compliance mechanisms, and risk areas, Testing & Verification using sampling, data analysis, and evidence gathering, Reporting by providing statutory reports along with actionable recommendations, and Follow-up & Advisory by suggesting improvements to enhance efficiency and compliance.