Statutory Audit is a legally required review of the truth & fairness of a company’s financial records, by examining information such as bank balances bookkeeping records & financial transactions.
Statutory audit namely places emphasis on adherence to the various laws of the land & compliance with regulations & provisions as made from time to time.
However gone are the days when Audit was conducted only as a mandate of Law. Investors & Stakeholders at large have a lot of expectations from the Audited Financial Statements and thus, expect a high level of lucidity, uprightness & accuracy. We at L.B. LADDHA & CO. take a scrupulous approach to meet these expectations through following Standard Audit & Assurance procedures and ensuring due diligence in performing the audits through a well-thought out audit program, crafted individually for each client.