Greentick Dialogues - Meeting the Statutory Audit Deadline: Last Minute Tips!

Episode Duration:

60 Minutes

Episode Background:

As you may be aware, statutory audits for private limited companies must be completed prior to the Annual General Meeting (AGM), which is required to be held by or on September 30th each year. The statutory auditor is responsible for submitting the audit report to the Company's Board, and this report should be attached to the company's financial statements and subsequently filed with the Registrar of Companies (ROC). With the approaching due date, it is crucial for professionals to remain vigilant about any last minute audit considerations for the Financial Year 2023 to ensure full compliance with regulatory requirements.

What shall the episode cover?

With an endeavour to add continuous value to our readers and power your accounting practice, India's first Accounting & Ind-AS Platform “Greentick” (https://greentick.taxsutra.com) is back with its exclusive thought leadership series titled “Greentick Dialogues” (where renowned accounting & auditing experts share their views/insights on burning accounting issues/controversies). In this context, we bring to you a timely session on the topic of "Meeting the Statutory Audit Deadline: Last Minute Tips” with Accounting & Auditing Expert Mr. Santosh Maller (Chartered Accountant).

Key Highlights:

In this episode, Mr. Maller shared his perspective particularly w.r.t the following aspects:

• Key audit considerations for FY 2023
• Reporting on audit trail
• Key accounting discussions in FY 2023