legal documents for Audit company
legal documents for audit company, The legal document required for an audit of a company may vary depending on the specific requirements of the auditor and the type of audit being conduct.
However, some common documents that are typically requested during an audit include:
1.Financial statements as- balance sheets, profit and loss statements, and cash flow statements
2.Bank statements and other financial records
3.Invoices, receipts, and other documents related to revenue and expenses
4.Contracts and agreements, such as leases, loan agreements, and vendor contracts
5.Board minutes and resolutions
6.Documents related to other taxes and tax returns
7.Employee records, including payroll and benefits information
8.Inventory records and other documents related to assets and liabilities
9.Any other relevant documents that may be necessary for the auditor to gain a complete understanding of the company’s financial situation.
It is important for the company to keep accurate and complete records in order to facilitate the audit process and ensure compliance with any legal or regulatory requirements.
To visit https://www.incometax.gov.in
