Tag Archives: #StatutoryAuditGuidelines

What are the key regulations governing the statutory audit of fuel dealers?

Statutory audit for Grocery and Merchandise, Statutory audit for Furniture and Appliances

Statutory Audit of Fuel Dealers   Indeed, here are the key regulations governing the statutory audit of fuel dealers in India:   1. The Companies Act, 2013: The Companies Act, 2013 is the primary legislation that governs the statutory audit of fuel dealers. The Act requires all fuel dealers with a turnover of more than… Read More »

What is the difference between Statutory Audit and Cost Audit?

Statutory Audit Vs Cost Audit    Statutory Audit and Cost Audit are two distinct types of financial audits with different purposes and legal requirements. Statutories audit are a mandatory audit conducted in accordance with the law for all companies in India. Its objective is to verify that a company’s financial statements provide a true and… Read More »