Statutory Audit & Assurance Services
We help organizations meet statutory requirements, enhance reporting reliability, and maintain strong governance through rigorous, insight-driven audit and assurance services.
What We Do
Independent Assurance That Builds Confidence
Our Statutory Audit & Assurance practice delivers more than regulatory compliance — it provides clarity, transparency and insight into the financial health of your organisation.
We follow globally accepted auditing standards, evaluate internal controls, validate financial accuracy and identify improvement opportunities. Our approach combines technical rigour with a deep understanding of your business model, enabling us to highlight risks, strengthen governance and support reliable reporting.
Whether it is annual audits, limited reviews, certifications or special purpose engagements, we ensure financial statements reflect true performance while building confidence among investors, regulators and stakeholders.
Our Process
Our Statutory Audit Process
Our audit process is structured to provide high-quality assurance with minimal disruption to operations. We focus on planning effectively, understanding your processes, performing thorough testing and delivering clear, actionable conclusions.
01
Planning & Scoping
We understand the business, define audit scope, assess risks, and prepare an audit plan aligned with regulatory requirements and management priorities.
02
Internal Controls Review & Walkthroughs
We evaluate internal controls, conduct walkthroughs, document processes and identify areas where controls may need strengthening.
03
Substantive & Analytical Procedures
We perform detailed testing, analytical review, sampling and verification to ensure accuracy, completeness and reliability of financial information.
04
Reporting & Closure
We deliver audit findings, highlight key observations, communicate material issues and provide recommendations for improvement along with the signed audit report.
Our Capabilities
Our Statutory Audit Capabilities
Our Statutory Audit & Assurance capabilities cover comprehensive audit and compliance requirements across industries and corporate structures.
Statutory Financial Audits
Independent audits conducted in line with Companies Act requirements and IFRS / Ind AS / GAAP standards — ensuring accurate, compliant and reliable financial reporting for stakeholders.
Internal Control Evaluation & IFC Testing
Assessment and testing of internal financial controls (IFC) for design and operational effectiveness, supporting strong governance, audit readiness and regulatory compliance.
Limited Reviews & Quarterly Reporting
Analytical reviews and targeted procedures for quarterly/periodic reporting required by investors, lenders, management and regulatory authorities.
Consolidation, Group Reporting & Audit Coordination
Support for multi-entity and cross-border structures including group reporting packs, consolidation, intercompany reconciliations and coordination with component auditors.
Special Purpose Audits & Certifications
Specialized assurance engagements including agreed-upon procedures, compliance certifications, revenue audits, grant audits, cost audits and other reporting requirements tailored to stakeholders.
Why Choose Us
Why Companies Choose HQC For Statutory Audit & Assurance Services?
- Strong command of IFRS, Ind AS, GAAP and auditing standards
- Balanced approach that ensures compliance while adding practical insight
- Clear, actionable reporting that supports decision-making and governance
- Extensive experience across industries and multinational structures
- Rigorous review processes ensuring audit quality and transparency
- Collaborative, structured and minimally intrusive audit execution
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