Overview
What is Statutory Audit Support?
A statutory audit is an independent examination required by the law governing an entity. Management remains responsible for accounts, controls, information and representations supplied to the auditor.
Why it matters
Key advantages
- Independent assurance over financial reporting
- Early visibility into control and documentation gaps
- Stronger stakeholder confidence
Preparation
Typical documents and information
The final checklist is confirmed after an eligibility review. Commonly requested items include:
- Trial balance and financial statements
- Ledgers, vouchers and bank reconciliations
- Statutory registers and corporate approvals
- Tax returns and reconciliations
- Contracts, confirmations and management schedules
Process
How the service works
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01
Agree the audit scope and information list
We confirm the information, dependencies and evidence needed for this stage before moving ahead.
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02
Close books and prepare reconciliations
We confirm the information, dependencies and evidence needed for this stage before moving ahead.
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03
Share schedules and supporting evidence
We confirm the information, dependencies and evidence needed for this stage before moving ahead.
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04
Resolve audit queries and proposed adjustments
We confirm the information, dependencies and evidence needed for this stage before moving ahead.
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05
Approve statements and complete required filings
We confirm the information, dependencies and evidence needed for this stage before moving ahead.
After completion
Ongoing responsibilities
Maintain audit-ready records throughout the year and separately address any reported qualification, internal-control weakness or compliance observation.
Common questions
Frequently asked questions
Is statutory audit support the right option for me?
It depends on your entity, activity, location and objective. We first review those facts and flag other registrations or approvals that may be a better fit.
Are government fees included?
Government, stamp, certification and third-party charges vary by application. Any professional quote should identify these separately before work begins.
How long will the process take?
Timing depends on document readiness, portal availability, department review and whether queries or inspections arise. We provide a practical estimate after reviewing the case, but authority approval dates cannot be guaranteed.
What happens after submission?
We track available status updates, coordinate replies to routine queries within scope and share the acknowledgement or approval. Material objections, hearings or specialist opinions may require a separate scope.