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?

Statutory Audit for Technical Consultant   The purpose of conducting a Statutory Audit 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… Read More »