Corporate Audit is an examination and verification of a company’s records. Every company needs to comply hundreds of Laws, rules, regulations. These laws are complex and non-compliances would attract major risk to company. Periodically auditing the records of company gives exact information whether, and if so, to what extent Company has complied with the laws applicable to the Company.
‘Secretarial Audit’ is introduced by recently enacted Companies Act, 2013. It is a process to check compliance made by the Company under Corporate Law & other laws, rules, regulations, procedures etc. It is a mechanism to monitor compliance with the requirements of stated laws and processes. Periodically examination of work is necessary to point out errors & mistakes and to make a robust compliance mechanism system in an organization.
As per section 204 of the Companies Act, 2013 read with Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, following companies are required to obtain ‘Secretarial Audit Report’ from independent practicing company secretary;
Secretarial Audit is also mandatory to a private company which is a subsidiary of a public company, and which falls under the prescribed class of companies
Stock Broker Audit: Examines that the processes, procedures followed and the operations carried out by the Trading Member/Clearing Member are as per the applicable Acts, Rules, Regulations, Bye-laws and Circulars prescribed by SEBI and the stock exchange(s).
Benefits of Audit:
We offer our clients certainty and transparency by providing fixed fees.
We get back to you with a quote within two hours. We maximise efficiency and minimise delays by communicating with our clients on their terms and in a manner that suits them.
Our Professionals are all specialists in their given field and have experience working with clients across a breadth of industries and regions.
As a full service firm, we can assist your business with any commercial legal matter.