In today’s regulatory environment, statutory audits are more than just a legal formality — they’re essential for transparency, accountability, and business integrity. At LBC, we provide comprehensive statutory audit services that not only help you meet legal requirements but also enhance the strength of your internal controls and the confidence of your stakeholders.
Whether you are a company, LLP, partnership, or trust, our audit solutions are tailored to your entity type, sector, and regulatory obligations.
Our Statutory Audit Solutions:
Company Audit (Under Companies Act, 2013)
- Mandatory annual audits for private limited, public limited, and other registered companies
- Review of financial statements, ledgers, and internal control systems
- Statutory reporting and filing in compliance with the Companies Act
- Advisory on rectification of audit observations
LLP Audit (Under LLP Act, 2008)
- Audit of LLPs with turnover exceeding ₹40 lakh or contribution exceeding ₹25 lakh
- Financial statement review and compliance checks
- Recommendations on governance and internal controls
Tax Audit (Under Section 44AB of the Income Tax Act, 1961)
- Tax audit for businesses and professionals crossing prescribed turnover thresholds
- Verification of books of accounts, tax computations, and compliance with tax laws
- Preparation and e-filing of Form 3CA/3CB and 3CD
- Advisory on observations to minimize future tax risks
Trusts, Societies & NGO Audit
- Audit of charitable institutions and societies as per the Income Tax Act and respective trust laws
- Verification of utilization of funds and compliance with statutory conditions
- Support for compliance with FCRA (where applicable)
Special Purpose & Compliance Audits
- Internal financial control (IFC) audits as required under the Companies Act
- Regulatory audits for specific industries (e.g. NBFCs, SEBI registered entities)
- Turnover or grant utilization audits for government grants, tenders, or subsidies
- Audit for startups and SMEs seeking investor or lender certifications
Why LBC for Statutory Audit?
- End-to-end compliance — statutory, tax, and financial reporting covered seamlessly
- Tailored audit approach — focused on your industry, risk profile, and regulatory exposure
- Tech-enabled audits — leveraging modern tools for efficiency and accuracy
- Constructive feedback — we go beyond compliance to help you strengthen systems and controls
Who Can Benefit from Our Statutory Audit Services?
- Companies (Pvt Ltd, Public Ltd, Section 8, etc.)
- LLPs crossing audit thresholds
- Partnerships, trusts, and societies
- Startups and SMEs seeking structured financial oversight
- Businesses preparing for funding, mergers, or regulatory scrutiny
Statutory audits done right — so you stay compliant, confident, and future-ready. Partner with LBC for thorough, efficient, and insightful audit services.