Statutory Audit Services
Ensuring Accuracy, Transparency & Full Compliance
A Statutory Audit is more than just a legal requirement—it is a powerful tool to strengthen your organisation’s financial integrity. At Patel & Vaghasiya, Chartered Accountants, we provide end-to-end Statutory Audit services designed to enhance reliability, improve compliance, and give stakeholders absolute financial confidence.
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Why Statutory Audit Is Important?
A statutory audit is mandated under the Companies Act and other regulatory frameworks. It ensures:
True & fair financial statements
Accurate disclosure of assets, liabilities & profits
Compliance with applicable laws & Accounting Standards
Internal control evaluation
Credibility for lenders, investors & regulators
Our Statutory Audit Services Include
Review of Books of Accounts
- Verification of ledgers, vouchers & supporting documents to ensure correctness and authenticity.
Internal Control Evaluation
- Assessment of internal systems, risk areas, and operational controls.
Compliance Verification
- Companies Act, Accounting Standards, Income Tax provisions, GST laws, and other applicable statutes.
Finalisation of Financial Statements
- Preparation of Balance Sheet, Profit & Loss Account, Notes to Accounts and Audit Report.
Reporting & Recommendations
- Clear audit observations with practical suggestions to improve efficiency, financial discipline and compliance.
Why Choose Us?
Experienced Audit Professionals
Backed by years of audit experience across industries and corporate structures.
Sector-Specific Expertise
Manufacturing, Trading, Real Estate, Service Sector, Startups, NBFCs, FMCG and more.
Transparent & Systematic Approach
Documented audit procedures ensuring accuracy, reliability and completeness.
On-Time Deliveries
Complete audit solutions within statutory timelines with zero last-minute hassles.
Technology-Driven Audit Tools
Use of data-analytics & cloud-based systems to enhance audit efficiency.
Who Should Avail Statutory Audit?
Private Limited Companies
Public Limited Companies
LLPs (as applicable)
Entities requiring audit under specific regulatory laws
Benefits of Our Statutory Audit Services
Enhanced financial credibility
Stronger internal control systems
Reduced chances of penalties & compliance risks
Increased investor & lender confidence
Improved financial planning & decision making
Industries We Serve
Manufacturing
Construction & Real Estate
Logistics & Infrastructure
Retail & Wholesale Trading
IT & Software
Agriculture & Food Processing
Hospitality
Pharmaceuticals
NGOs & Educational Institutions
Frequently Asked Questions
Get Reliable Statutory Audit Support
Safeguard your financial accuracy and ensure complete compliance with our professional audit services.