Audit and Assurance

Audit and Assurance

Audit and assurance are processes used for the evaluation of the financial record of the company. They are hand-in-hand processes.

Companies, whether Private Limited or Public Limited, are regarded as the highest level of organized business structure in India and are subject to stringent regulations to safeguard stakeholder interests. The objective of a statutory audit is to determine whether a business complies with all applicable laws, regulations, and standards and whether its financial statements provide a true and accurate picture of its financial position.