Companies are governed by the Companies Act 2013. This act requires every company registered under the Companies Act 2013 to get their accounts audited.

Objective of Statutory audit is to evaluate whether the company complies with the applicable laws, rules and regulations and standards and whether the financial statements reflect a true and fair view of the financial statements of the company.

Puneet Bajaj & Co is the best audit firm in delhi and providing Statutory audit services in delhi, the major characteristics covered while doing a statutory audit are:

• Testing of Internal Controls
• Verifying Balance Sheet Items
• Verifying Profit & Loss Account Items
• Testing TDS related compliances
• Checking supporting documents
• All the statutory compliances applicable to the enterprise are complied by the management within the proper time schedule and as per the norms set by the statutory governing body