Statutory Audit
The annual Companies Act audit — planned early, with your books audit-ready before fieldwork starts
- 1PlanScope and timeline agreed.
- 2PrepareBooks reviewed and gaps fixed.
- 3AuditFieldwork and queries.
- 4ReportSigned report for the AGM.
Share your details. We’ll reply on WhatsApp with the next steps and a checklist.
Pick a plan — the fee is adjusted if you hire us within 30 days.
About Statutory Audit
A clear overview, in simple terms — what it is, why it matters, and how we handle it.
Audit delays usually come from the books, not the audit: unreconciled banks, missing fixed-asset registers, GST and TDS not matching the ledgers, related-party transactions undocumented. We fix those before fieldwork so the audit runs on schedule and the AGM and ROC filings stay on time.
The auditor's report now covers more than the numbers: whether accounting software kept an audit trail, CARO 2020 matters for companies above its thresholds, and internal financial controls for larger companies. We tell you upfront what applies to you.
The audit is signed by a practising chartered accountant through our partner network, while our team handles the preparation and coordination.
Every company in India, whatever its size or turnover, must have its financial statements audited by a chartered accountant every year under the Companies Act. The first auditor is appointed by the board within 30 days of incorporation; later auditors are appointed at the AGM for five years and reported in ADT-1. LLPs need an audit only above ₹40 lakh turnover or ₹25 lakh contribution.
| Who | Every company; LLPs above ₹40 lakh turnover or ₹25 lakh contribution |
|---|---|
| Appointment | First auditor by board within 30 days; then at AGM for 5 years; ADT-1 within 15 days |
| CARO 2020 | Not for small companies, OPCs and certain small private companies |
| Audit trail | Auditor reports whether software kept an edit log |
| Timing | Before the AGM (by 30 September) |
Work that the law requires a practising chartered accountant to sign or represent is delivered through Indus Tax's partner professionals; our team prepares the records, coordinates the filing and stays your single point of contact.
Who this is for
Common scenarios where this service is a good fit.
- Private limited companies and OPCs
- LLPs above the thresholds
- Section 8 companies
- Foreign subsidiaries in India
What you get
Clear deliverables so you know exactly what’s included.
- Pre-audit review of books
- Audit planning and fieldwork
- CARO and audit-trail reporting where applicable
- Audited financial statements and report
- Support for AGM and AOC-4
Documents required
A practical checklist. We’ll tell you if anything else is needed based on your case.
Process
A simple, trackable workflow.
Scope and timeline agreed.
Books reviewed and gaps fixed.
Fieldwork and queries.
Signed report for the AGM.
Get a quote
We share a clear quote after a quick checklist pre-check.
- Quoted by turnover, transactions and the state of the books.
- Pre-audit review of books
- Audit planning and fieldwork
- CARO and audit-trail reporting where applicable
- Audited financial statements and report
- Support for AGM and AOC-4
Share your details. We’ll reply on WhatsApp with the next steps and a checklist.
Pick a plan — the fee is adjusted if you hire us within 30 days.
FAQs
Quick answers to common questions.
This page also covers
- LLP audit
- Audit for LLPs above the thresholds.
Official sources
Indus Tax is a private professional services firm and is not affiliated with any government authority. Rules and fees change — we confirm current positions before filing.
