Tag Archives: “#StatutoryAudit #FinancialCompliance #RiskMitigation

Is statutory audit required for the technical consultant?

Requirement of Statutory Audit Requirement of Statutory Audit, Whether a statutory audit is require for a technical consultant depends on the following factors: 1. The nature of the business: Technical consultants who are engage in the business of providing consultancy services to a single client and the total amount of such services does not exceed… Read More »

What is the purpose of conducting a statutory audit for a technical consultant?

StatutoryAudit for Technical Consultant   The purpose of conducting a StatutoryAudit for a Technical Consultant is to: 1. Ascertain the accuracy of the financial statements: The auditor will examine the books of accounts and other relevant documents of the consultant to verify the accuracy of their income and expenses. 2. Assess the compliance with applicable… Read More »