Annual Financial Audit

Annual Financial Audit
Accuracy You Can Trust.
Compliance You Can Count On.

We conduct statutory annual audits of financial statements to ensure your financial position, reporting accuracy and performance meet regulatory requirements with confidence.

♢ Independent
& Objective
▥ Accurate
Reporting
▤ Compliant with
Standards
◷ Timely
Delivery
Financial reporting dashboard and audit analysis

Audit at a Glance

  • Financial Statements
  • Audit Opinion
  • Compliance
  • Internal Controls

Why Annual Financial Audit Matters

♢

Ensures Accuracy

Verifies the accuracy and completeness of your financial statements.

◷

Regulatory Compliance

Helps your company comply with applicable Acts and standards.

▤

Builds Trust

Enhances credibility with investors, lenders and other stakeholders.

⌕

Risk Identification

Identifies financial risks and control weaknesses early.

✓

Better Decisions

Provides reliable financial insights for strategic decision-making.

▥

Business Growth

Strengthens governance and supports sustainable business growth.

Our Annual Financial Audit Services

Annual Financial Audit

  • Audit of financial statements as per applicable auditing standards
  • Audit opinion on the true and fair view
  • Compliance review with applicable Acts
  • Internal control and financial reporting review
  • Verification of assets, liabilities and capital
  • Revenue and expense recognition review
  • Notes to accounts and disclosures review
  • Management representation and certification
  • Audit report and financial statement finalisation
Accountant reviewing financial documents

Who Needs an Annual Financial Audit?

  • Private Limited Companies
  • Public Limited Companies
  • LLPs, where applicable
  • Multi-company Groups
  • Section 8 Companies
  • Large and Medium Enterprises
  • Startups and Growing Businesses
  • Other entities subject to audit requirements

Our Annual Financial Audit Process

01
♙

Understand

We understand your business, industry, operations and financial environment.

02
▤

Plan

We define the audit scope, materiality, timelines and audit strategy.

03
⌕

Execute

We examine financial records, transactions and supporting documents.

04
◷

Analyse

We analyse findings, identify risks, exceptions and control gaps.

05
▧

Report

We prepare the audit report with our opinion and recommendations.

06
✓

Support

We support follow-up actions and continuous improvement.

Key Deliverables

  • Audited Financial Statements
  • Independent Auditor's Report
  • Management Letter
  • Internal Control Observations
  • Compliance Report, where applicable
  • Audit Completion Certificate, where applicable

Documents Required

  • Trial Balance and General Ledger
  • Financial Statements and schedules
  • Bank Statements and Reconciliations
  • GST, TDS and statutory returns
  • Fixed Asset Register
  • Loans and Liability Details
  • Previous Year Audit Reports
  • Board Resolutions and Policies
  • Other Relevant Documents

Frequently Asked Questions

Is an annual audit mandatory for all companies?
Audit requirements depend on the entity type and applicable laws. FinTAG can help you understand the requirements relevant to your business.
What is the timeline to complete the audit?
The timeline depends on the size of the business, availability of records and complexity of the financial statements.
What standards do you follow?
The audit approach follows the applicable statutory and professional requirements for the relevant entity and engagement.
Will you help us finalise financial statements?
We can discuss the financial statement review and audit support needed for your business during the initial consultation.
How is the audit fee determined?
Fees depend on the scope, size and complexity of the engagement. Contact our team to request a quote.
▦

Ensure Compliance. Build Confidence.

Schedule your annual financial audit with FinTAG today.