Secretarial Audit - Overview
An organisation needs to comply all set of rules & Regulations under the company Act 2013. These Rules & Regulations are framed for the smooth functioning of the business. A company ’s overall operations, data, Records & efficiency & so on has to be kept on track for the growth of the company. Get your compliance with various legislation done by Pattayar – one of the leading secretarial audit companies
Secretarial audit means proper inspection and verification of the company overall operations and functions, data, records, efficiency and so on. Secretarial audit helps in accomplishing the company ’s objectives by bringing a systematic, productive approach to examine and potential effectiveness of risk management, control, and governance processes.
Benefits of Secretarial audit
Secretarial Audit Secures the Confidence of people associated with the organization.
Goodwill of a company can be linked with secretarial audit of a company.
Gives Investors a idea about investing in the right company.
Effective management
Regulates Compliance and non compliance of company
Documents Required For Registration
- Charter Documents and Statutory Registers
- Board and General Meeting Minutes & Notices
- Financial statements and previous year Secretarial Audit Report
- Annual Performance Reports, Lease Deed, Bonds and returns
- Filings with RBI (If there is a foreign investment) and other statutory departments
- Admission and Statement for code of conduct received from the directors
- Bank account details for dividend
Process To Register
- Appointment of Secretarial Auditor
- Communication to earlier incumbent and acceptance of appointment by secretarial auditor
- Preliminary discussion with auditor and finalization of audit plan
- Conducting the audit and filing all the observations and finding
- Submission of Secretarial Audit Report
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