πŸ” What is a Financial Audit?

A financial audit is an objective examination of your company's financial statements by an independent auditor. It verifies accuracy, compliance with accounting standards, and uncovers any misstatements β€” intentional or otherwise.

Note: Audits help build trust with investors, regulators, lenders, and stakeholders.

πŸ“Œ Why Financial Audits Matter

βœ… Accuracy & Transparency

Ensure your financial records are free from errors and reflect the true position of your business.

πŸ“Š Compliance

Meet statutory and regulatory requirements, including those from tax authorities or SEBI (in India).

πŸ“ˆ Business Improvement

Audits can reveal inefficiencies, fraud, or gaps in financial controls, helping you improve operations.

πŸ—‚οΈ What’s Covered in an Audit?

During a financial audit, auditors examine your: