A statutory audit is a legally required check of the honest and accurate representation of an organizations financial position by evaluating information, such as bank balances, financial transactions, and accounting records.
JMC provides attestation services that are meant to provide a qualitative comment on the true & fair nature of the financial statements of corporations/firms. In addition, such JMC audits are geared to evaluate compliance with all statutory and regulatory requirements, including disclosure norms.
The firm adopts uniform audit methodologies as per the professional guidelines for Statutory Audit issued by the Institute of Chartered Accountants of India. These audit procedures are supplemented by Global Best Practices in statutory audit services. The audit processes are a composite of analytical process reviews, trend analysis, control overview, detailed transaction checks, software testing and physical audits.
