Statutory Audit · Panaji, Goa
Independent, compliant statutory audits for Private Limited, Public Limited, OPC and Section 8 companies in Goa — covering auditor appointment, true-and-fair financial statement review, CARO 2020 reporting and the audit report under Section 143 of the Companies Act, 2013.
Overview
Under the Companies Act, 2013, every company in India must have its financial statements audited each year by an independent Chartered Accountant — regardless of size, turnover or profit. A statutory audit confirms that your accounts present a true and fair view, comply with applicable accounting standards, and are free from material misstatement.
As trusted company auditors in Goa, N D Savla & Associates turn this statutory obligation into genuine value — strengthening your internal controls, surfacing risk early, and giving banks, investors and the Registrar of Companies confidence in your numbers. We also handle related work like accounting & bookkeeping and company & LLP registration for seamless compliance.
What's covered
From auditor appointment to ROC filing, every step is handled by qualified CAs.
Get a fixed-fee quote →First auditor and AGM appointments, with filing of Form ADT-1 with the Registrar of Companies.
True-and-fair review of the balance sheet, profit & loss and cash-flow against Schedule III and applicable accounting standards.
Reporting on fixed assets, inventory, loans, statutory dues, fund utilisation and other prescribed matters where applicable.
Independent auditor's report with opinion, key observations and disclosures as required under the Companies Act, 2013.
Assessment and reporting on the adequacy of internal financial controls (IFC) over financial reporting.
Help with Form AOC-4 and MGT-7 so your audited accounts and annual return are filed on time.
Our process
A free call to understand your company, deadlines and scope.
We map key risks and request documents via secure sharing.
Vouching, verification, controls testing and reconciliations.
Audit report, management insights and on-time filings.
Frequently asked questions
Every company registered in India — Private Limited, Public Limited, One Person Company and Section 8 company — must get its accounts audited each financial year under the Companies Act, 2013, regardless of turnover, profit or activity. Even a dormant or loss-making company must appoint an auditor and file audited financial statements.
Only a practising Chartered Accountant or a CA firm with a valid certificate of practice can be appointed. The first auditor is appointed within 30 days of incorporation, and subsequent auditors at the AGM, usually for a five-year term subject to ratification.
CARO 2020 requires the auditor to report on matters such as fixed assets, inventory, loans, statutory dues and fund utilisation. It applies to most companies except small companies, OPCs, banking, insurance and certain Section 8 companies. We assess applicability and handle the reporting.
Audited financial statements are adopted at the AGM, generally held by 30 September after the financial year-end, then filed with the ROC in Form AOC-4 and the annual return in Form MGT-7 within the prescribed timelines. We track these dates for you.
Typically the trial balance and ledgers, bank statements, sales and purchase registers, GST and TDS returns, fixed-asset details, statutory registers, board minutes and prior-year audited financials. We share a clear checklist up front.
Non-compliance can attract penalties on the company and its officers, disqualification of directors and difficulty raising finance. Timely statutory audit keeps your company compliant and credible with banks, investors and regulators.
Fees depend on turnover, transaction volume, number of locations and the state of your books. We follow a transparent fixed-fee model and share a clear quote after a free discovery call — no surprise bills.
Yes. We regularly audit newly incorporated and early-stage companies in Goa, help appoint the first auditor, set up clean books from day one and ensure the first audit and ROC filings are completed on time.
Related audit services
Book a free consultation with a qualified Chartered Accountant in Goa. We'll review your company's requirement and recommend a clear next step — no obligation.