Statutory audit is the Audit prescribed by a Statute it is required to evaluate whether or not the business enterprise complies with the relevant laws, regulations , policies of Govt Of India and whether the financial statements reflect True & Fair financial position of the organisation.
In view of the economic crisis and financial scandals in past years, the onus of responsibility and accountability on the Financial Statement Auditor has increased manifolds. Stakeholders including Government are demanding more transparency, and we at GCA are responding by changing the way we operate, being proactive in listening to our stakeholders, and embracing Data and Analytics using new processes that are enabling us to make audits more relevant and continue to raise the bar on quality.