Under the Companies Act of 2013, every organisation irrespective of their sales, turnover or capital has to undergo a statutory audit by an active chartered accountant every financial year. We at BKP understand the process as well as the importance of an accurate audit and support you with a rational and precise audit report. All our audits are carefully conducted under approved standards of the Companies Auditor Report Order (CARO) and reported simultaneously to the required stakeholders.
Why to get a Statutory Audit?
- Compliance: Statutory audits ensure that your company complies with legal and regulatory requirements, reducing the risk of fines and legal issues.
- Transparency: Audited financial statements provide transparency and instil confidence in stakeholders, including investors, creditors, and shareholders.
- Risk Mitigation: Audits help identify and address financial and operational risks, ultimately strengthening your business.
- Decision-Making: Accurate financial information derived from audits assists in informed decision-making and strategic planning.
- Credibility: A clean audit report enhances your company’s credibility and reputation in the market.
- Authenticity- A statutory audit increases the authenticity of your financial reports since they are verified by an experienced and qualified auditor.
- Minimizes risk of fraud- Conducting a statutory audit can minimize the risk of fraud in an organization as it is able to detect any and all inconsistencies and redundancies in the financial statements.
Statutory Audit at BKP
BKP is your trusted partner that provides accurate and effective audits to help you assess, evaluate and predict your company’s financial health. We help you avoid penalties and prepare for calculated well-informed risks. As a result, BKP is known in the financial world as an expert trusted brand with high skills and knowledge. Some of are core features are:
- Unmatched Expertise: Our team of Chartered Accountants possesses in-depth knowledge of accounting standards, regulatory requirements, and industry-specific nuances, ensuring a comprehensive and accurate audit.
- Compliance Assurance: We help you stay compliant with the ever-evolving statutory regulations, reducing the risk of penalties and legal issues.
- Customized Solutions: We understand that each business is unique. We tailor our audit approach to match the specific needs and objectives of your organization.
- Quality and Accuracy: BKP is committed to maintaining the highest standards of quality and accuracy. Our audits provide valuable insights and help identify areas for improvement.
- Timely Delivery: We respect deadlines and ensure that audit reports are submitted promptly, allowing you to meet regulatory deadlines and make timely decisions.
- Transparency: Our company stands strong on moral values that is, doing right by our clients and the public in general. Thus, all our reports are free of discrepancies and full of fact-based accurate knowledge. We as a brand thrives on trust and ethics.
BKP is dedicated to delivering exceptional statutory audit services to all its clients. Our commitment to excellence, integrity, and accuracy ensures that your business is in safe hands. To discuss your statutory audit requirements or to inquire about our other services, please contact us today. We look forward to partnering with you to achieve financial success and compliance.