Statutory Audit Service

The requirement of a statutory audit is a kind of very mandatory term because of the laws made by the government. It is very essential to have a full-spectrum statutory audit service in place at all times for the smooth running of your business. The purpose of a statutory audit is equivalent to the purpose behind some other kind of audit. And this purpose is to examine whether an organization is giving a reasonable and precise representation of its monetary position by examining information such as bank balance, book-keeping, records, and financial transactions. At PJC, we ensure that the Financial Statements are analyzed after a proper understanding of the business and market factors affecting the organization and the audit approach is customized to suit the client’s needs. Our statutory audit services extend beyond the conventional financial reporting function. An audit must not restrict itself to review historical data; it must also provide reasonable information about impending risks.

While the objective remains the same, i.e. to assure stakeholders with regard to the fairness of financials, the approach and methodology need to be customized for different industries and business models. During the last several decades of its service, PJC has served the full spectrum of the industry, be it manufacturing, infrastructure, power, retail, telecom, FMCG or IT services. Our statutory audit services in relation to assurance include financial due diligence, which would be carried out at the instance of the potential investor while acquisition

Audits

  • Under the Companies Ac
  • Under Income Tax Act
  • Under IFRS applicable to different countries
  • Under other regulatory and tax statutes
  • Overseas subsidiaries of Indian companies

Certifications

  • Under Government directions
  • Financial Due Diligence
  • Business Valuations
  • Share Exchange Ratios
  • Issuing Comfort Letters & Arrangement Letters for Indian/foreign listings