Secretarial Audit
The term "Secretarial Audit" is a mechanism which is connected with the audit of the non-financial aspects of the company which impact on the performance of the company. Secretarial Audit is accordingly an independent and objective assurance activity intended to add value and improve operations of a company.
Secretarial Audit is an indispensable tool in the hands of corporates, which enables them to identify how robust the legal and corporate law compliance system of the organization is. There are various benefits like benefits to Stakeholders, Board constitution, Transparency and disclosures compliances and Internal audit and control systems and further it gives comfort to various stakeholders.
Applicability
The Secretarial Audit is applicable to the following Companies:
- Every Listed Company.
- Every public company having Paid up share capital more than Rs. 50 crores or Turnover more than Rs. 250 crore.
Our Firm is eligible to be appointed as Secretarial Auditors of the Company.