Several statutory requirements mandate the submission of quarterly and monthly audit reports.
Quite often, these reports are not only submitted to the relevant regulatory authorities, but also uploaded on websites for the benefit of the readers of the reports in particular or the public in general.
Accounts of companies whose shares are held by the public or of regulated businesses like banks and share brokers are available for scrutiny on the websites of regulatory authorities or the companies themselves.
Verico auditing provides quarterly and monthly review services.
The review is conducted in accordance with the International Standards on Review Engagements 2400, “Review of Interim Financial Information performed by the Independent Auditor of the Entity”.
The preparedness of the client for a quarterly or monthly audit is essentially the same as that of a statutory annual audit.
Several other audits, like the ones specified by RERA (Real Estate Regulatory Authority) are also of a similar nature where either annual accounts or periodic statements are audited and a report thereon submitted. This work is done through an associate who is listed for that purpose.