info@eproexpress.com
+91 8800728472

STATUTORY AUDIT; AUDIT

WANT TO GET STATUTORY AUDIT DONE

FOR YOUR BUSIaNESS ENTITY??

GET IT DONE THROUGH ePRO EXPRESS

AT PRICE STARTING AT RS. 8499/-

  1. MANDATORY FOR COMPANY REGISTERED UNDER COMPANIES ACT, 2013
  2. JUST RELAX,SIT BACK AND COMPLETE AUDIT COMPLIANCE OF YOUR BOOKS SMOOTHLY
  3. GET YOUR WORK DONE TIMELY AND EFFECTIVELY

Request A Call Back

 

Verification

MEANING

There are various types of audit being conducted and mandated under various laws. Statutory is one such audit which is mandated by law to ensure that accounts are maintained properly.Basically it is an audit of financial statements of Company i.e. Balance Sheet and Statement of Profit and Loss of Company. The main objective of Statutory audit is to reflect and represent a true and fair picture of financial position of a Company. Every company registered under Companies Act, 2013 or any earlier law for companies irrespective of its turnover and every LLP whose annual turnover exceeds Rs. 40 Lakhs or contribution exceeds Rs. 25 Lakhs is mandatorily required to conduct statutory audit.

A statutory audit is a complicated and time-consuming process and it is mandated by law to get it done from professional.

Here professional means Practicing Chartered Accountant or a Chartered accountant firm or LLP who will be appointed as Statutory auditor of a Company.

ePRO EXPRESS, a consultancy LLP having a team of qualified and experienced Chartered Accountants can help you to do statutoryaudit at lesser time and cost.

PACKAGE INCLUSION

  1. MAINTAINANCE OF ACCOUNTS
  2. PREPARATION AND FINALIZATION OF FINANCIALSTATEMENTS.
  3. SIGNING OF FINANCIALS BY AUDITOR
  4. STATUTORY AUDIT REPORT
  5. INCOME TAX RETURN FILING
  6. PROFESSIONAL CONSULTANCY

BENEFITS OF CONDUCTING STATUTORYTAX AUDIT

  1. HELPS IN PROPER MAINTENCE OF BOOKS OF ACCOUNTS
  2. REDUCES THE CHANCES OF UNFAIR OR FRAUDULENT PRACTICE
  3. ACCESS PROPER FINANCIAL RESULT OF BUSINESS
  4. BUILDS THE IMAGE OF ENTITY
  5. SHOWS A TRUE AND FAIR POSITION OF BUSINESS
  6. PROTECTS THE RIGHTS OFSHAREHOLDERS
  7. RAISES CREDIBILITY OF BUSINESS FOR STAKEHOLDERS

DOCUMENTS AND INFORMATION REQUIRED FOR TAX STATUTORY AUDIT

  1. PREVIOUS YEAR FINANCIAL STATEMENT
  2. COPY OF LAST YEAR INCOME TAX COMPUTATION
  3. LIST OF DIRECTORS
  4. DETAILS OF SHAREHOLDERS
  5. REGISTRATION CERTIFICATE OF COMPANY/LLP
  6. DETAILS OF GST RETURN ALONG WITH ITS LOGIN CREDENTIALS
  7. DETAIL OF FIXED ASSETS
  8. DETAIL OF TDS AND TCS PAYMENT
  9. 26AS
  10. CHALLAN OF ADVANCE TAX PAID
  11. PF OR ESI CHALLAN (IF APPLICABLE)
  12. CONFIRMATION FROM DEBTORS AND CREDITORS
  13. LIST OF RELATED PARTY TRANSACTIONS
  14. PROOF OF AUDITOR APPOINTMENT
  15. BANK STATEMENT OF THAT FINANCIAL YEAR
  16. CASH AND BANK BALANCE CONFIRMATION
  17. STATUTORY REGISTERS
  18. STOCK REGISTER
  19. LOAN REPAYMENT SCHEDULE ALONG WITH CONFIRMATION LETTER FROM BANK
  20. DETAILS OF FOREIGN EXCHANGE TRANSACTIONS (IF ANY)
  21. LOGIN CREDENTIALS
  22. ANY OTHER DOCUMENT OR INFORMATION (AS REQUIRED)

PROCEDURE TO DO TAX AUDIT FOR CONDUCT OF YOUR STATUTORY AUDIT

  1. FILL AND SUBMIT OUR ONLINE FORM
  2. OUR EXPERT WILL CONTACT YOU WITHIN 6 WORKING HOURS AND ASSIST YOU AS PER YOUR REQUIREMENT
  3. OUR TEAM MEMBER WILL SEND YOU QUOTATION AS PER YOUR TURNOVER LIMIT ALONG WITH REQUISITE LIST OF DOCUMENTS AND INFORMATION REQUIRED FOR AUDIT
  4. MAKE HALF OF PAYMENT IN ADVANCE AND SUBMIT THE REQUISITE DOCUMENTS AND INFORMATION TIME TO TIME AS REQUIRED BY OUR TEAM MEMBER
  5. CONDUCTING OF AUDIT BY OUR ASSIGNED TEAM MEMBER WHO MAY ALSO VISIT YOUR OFFICE (IF REQUIRED)
  6. SUBMISSION OF INCOME TAX RETURN ALONG WITH STATUTORY AUDIT REPORT AFTER GETTING RESOLUTION OF ALL THE QUERIES FROM CLIENT
  7. CONGRATS!!! YOUR WORK IS DONE

FREQUENTLY ASKED QUESTIONS (FAQS)

What is Statutory audit??

It is an audit of financial statements of Company i.e. Balance Sheet and Profit and Statement of Loss of Company

 

What is the objective of statutory audit??

The main objective of statutory audit is to ensure that books of accounts are maintained, all applicable provisions are complied and financial statements have been prepared properly.

Who is mandatorily required to file taxconduct statutory audit??

Every company registered under Companies Act, 2013 irrespective of its turnover and every LLP whose annual turnover exceeds Rs. 40 Lakhs or contribution exceeds Rs. 25 Lakhs is mandatorily required to conduct statutory audit.

 

What is the procedure of copyright registration??

The summarized procedure of copyright registration Is as follows:

  1. Submission of application
  2. Issuance of Diary number
  3. Scrutinyof Application
  4. Raising of Objection by examiner (in case of any query)
  5. Issuance of Registration Certificate

Who will carry statutory audit??

Practicing Chartered Accountant or a Chartered accountant firm or LLP who will be appointed as Statutory auditorand conduct a statutory audit.

What are the charges for statutory audit??

ePRO EXPRESS, a consultancy LLP provides you the complete business solution at affordable price. Our statutory audit package starts at Rs. 8499/- which may rise as per the turnover and requirement of the business.

How long will it take to complete the statutory audit??

Statutory auditshall be completed by our auditor within 10-15 working days from the date of receiving all the requisite documents and information. Though the time can be extended subject to turnover limit.

Comments are closed.