Finolyst

Ensure Regulatory Compliance & Financial Accuracy with the Right Audit Professionals

Assistance In Appointment Of Auditors

The appointment of auditors is a crucial step in ensuring transparency, compliance, and financial accuracy for businesses. At Finolyst, we provide end-to-end assistance in selecting, appointing, and complying with statutory requirements for auditors, ensuring your business meets all regulatory obligations.

Comprehensive Auditor Appointment Services

Guiding Businesses Through the Auditor Selection & Appointment Process

Whether you are a startup, a private limited company, or a multinational corporation, Finolyst ensures a smooth and compliant auditor appointment process as per the Companies Act, 2013, Income Tax Act, and other applicable regulations.

Guidance on Auditor Selection

Evaluating the right type of auditor based on business size and compliance needs.

Compliance with Companies Act, 2013

Compliance with Section 139 (appointment), Section 140 (removal), and Section 141 (eligibility criteria) of the Companies Act

Filing & Documentation Support

Preparation of engagement letters, consent letters, and declarations from auditors.

Assistance with Tax Audit & GST Audit Appointments

Ensuring appointment of tax auditors under Section 44AB of the Income Tax Act.

Change or Removal of Auditors

Assistance with resignation, removal, or reappointment of auditors. Drafting of necessary resolutions, notices, and filings with the Registrar of Companies (ROC).

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Accuracy. Compliance. Growth.

Why Choose Finolyst?

Whether you’re seeking to streamline your accounting processes, improve financial visibility, or optimize your tax strategy, our online accounting services in the USA are here to help. Let us be your trusted partner in achieving greater efficiency, cost savings, and control over your finances. Contact us today to learn more about how we can support your business needs.

We Follow Best Practices

We provide cost effective and efficient accounting solutions to small and medium sized corporates all over the world. Explore the complete list of services we are equipped with and industries we cater to.

Frequently Asked Questions

Every company registered under the Companies Act, 2013, except sole proprietorships and partnerships, must appoint a statutory auditor.

First Auditor: Appointed within 30 days of incorporation by the Board of Directors.
Subsequent Auditors: Appointed for a 5-year term by shareholders in the AGM and filed with ROC.

Yes, all companies, LLPs (if turnover exceeds ₹40 lakhs or contribution exceeds ₹25 lakhs), and businesses subject to tax audits must appoint auditors.

Failure to appoint an auditor may result in penalties under the Companies Act, 2013, and can lead to compliance issues.

We assist in auditor selection, documentation, filings, compliance, and transitions for businesses of all sizes.