• Incorporation Certificate
• MOA & AOA
• Financial Statements (Balance Sheet, P&L, Cash Flow)
• GST and Income Tax Returns
• Bank Statements
• Loan, Investment & Shareholding Details

⏳ 10-15 business days (depending on document submission & company size)

1️⃣ Consultation ⏬ Discuss audit requirements with our experts.
2️⃣ Document Collection ⏬ Submit financial records & compliance reports.
3️⃣ Audit Execution ⏬ Our CA conducts a detailed audit review.
4️⃣ Compliance Verification ⏬ Ensuring compliance with tax & ROC regulations.
5️⃣ Audit Report & Filing ⏬ Filing ADT-1 and audit report submission.

1️⃣ What is a statutory audit?
A mandatory financial audit for companies to ensure compliance with legal regulations.

2️⃣ Who conducts a statutory audit?
A Chartered Accountant (CA) registered with ICAI.

3️⃣ Is statutory audit mandatory for all private limited companies?
Yes, every Pvt Ltd company must conduct a statutory audit annually.

4️⃣ What happens if a company fails to conduct a statutory audit?
Penalties up to ₹5,00,000 and potential disqualification of directors.

5️⃣ When should ADT-1 be filed?
Within 15 days of the AGM after appointing an auditor.

6️⃣ Can a company change its statutory auditor?
Yes, by filing ADT-2 and obtaining shareholder approval.

7️⃣ Does a dormant company require a statutory audit?
Yes, all registered companies must comply.

8️⃣ What is the penalty for late filing of ADT-1?
A fine of ₹300 per month.

9️⃣ How long does the audit process take?
Usually 10-15 business days, depending on company size and document submission.

🔟 What are the consequences of non-compliance?
Penalties, legal actions, and difficulties in ROC filings.

1️⃣1️⃣ How does Company Mitra help?
We manage the entire statutory audit process, ensuring smooth and timely compliance.