About This Service
- Full compliance with statutory requirements
- Accurate and reliable financial reporting
- Early detection of financial discrepancies
- Increased investor and lender confidence
- Reduced regulatory and compliance risks
- Enhanced business credibility
- Better financial transparency
- Improved corporate governance
Eligibility & Criteria
- Applicable to Companies registered under the Companies Act, 2013
- Mandatory for Private Limited and Public Limited Companies
- Applicable to entities meeting prescribed statutory requirements
- Conducted by a qualified Chartered Accountant
- Annual audit requirement as per applicable laws
- Suitable for startups, SMEs, corporates, and growing businesses
Penalties & Due Dates
| Non-Compliance Area | Consequence |
|---|---|
| Failure to Conduct Mandatory Audit | Regulatory penalties and legal action |
| Inaccurate Financial Statements | Increased scrutiny and compliance risks |
| Non-Maintenance of Books of Accounts | Penalties under applicable laws |
| Delay in Financial Reporting | Additional compliance issues |
| Misreporting of Financial Information | Legal and reputational risks |
| Audit Qualification Issues | Reduced stakeholder confidence |
