You can find an auditor in India at G.K. Kedia & Co.

1. You can Find an Auditor in India at G.K. Kedia & Co.. Before you know the meaning of the statutory auditor, it is essential to understand the purpose of the audit. Some people think that it is only about checking. However, the term is comprehensive and encompasses a lot more than just ‘checking’. Moreover, to become the statutory auditor in India, you have to be a qualified Chartered Accountant. No other person has the authority to conduct a statutory audit for any organization. Deviation of such rules can lead to adverse legal consequences. A statutory audit is a legally required check of the accuracy of the financial statements and records of a company or government. A statutory audit is intended to determine if an organization delivers an honest and accurate representation of its financial position by evaluating information, such as bank balances, financial transactions, and accounting records.

2. Audit is the examination or inspection of various books of accounts by an Auditor and It is done to ascertain the accuracy of financial statements provided by the organization. There are various kinds of audits conducted under different laws like Company Audit , Cost Audit etc. In the same way, The Income Tax Law also requires an audit called Tax Audit. A statutory auditor applies various rules to conduct the audit as the respective statute requires. These are the Auditing and Accounting Standards. Also, the person must have sufficient knowledge and skills to identify the errors, misrepresentations, or frauds, if any. Moreover, the most significant duty of the statutory auditor is to express a reasonable opinion in the Final Audit Report. Contact us : Head office : Delhi 812, Naurang House, 21, KG Marg,Atul Grove Road, Janpath,Connaught Place, New Delhi, 110001, India Phone:+91-11-47259900 ,1800110099 (India Toll Free) Fax:+918826897201 Emails:sangeeta.singh@gkkediaandco.com

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