Statutory Auditor

A statutory auditor is a professional accountant legally appointed to examine a company's financial statements and records to ensure they are accurate, complete, and comply with applicable laws and accounting standards. Their role is to provide an independent assessment of the company’s financial health, offering assurance to stakeholders such as investors, regulators, and the public. This process helps maintain transparency, build trust, and prevent fraud or misrepresentation. Statutory auditors typically conduct annual audits and must adhere to strict ethical and professional guidelines to uphold the integrity of financial reporting.