Tally.ERP 9 provides a comprehensive tool to perform the Statutory Audit in a systematic process. The tool provides step-by-step approach to conduct an Audit on the given data in the fastest possible manner.
With Tally.ERP 9's Statutory Audit tools, the user can:
Create and maintain an Audit Programme
Prepare and maintain Audit Working Papers
Mark the applicable and complied Accounting Standards and Audit & Assurance Standards for a company.
Extract the financial information required for Statutory Audit
View relevant data in the required form for analysis
Analyse data by comparing it with previous year's data
Audit Vouchers along with instant statistics
Track and audit the Related Party, MSME and Forex transactions
Apply various Sampling Methods
Audit and interact with the Client remotely
Generate the following Financial Statements as per the format specified in Companies Act:
Schedule VI Balance Sheet
Schedule VI Statement of Profit and Loss
Track the post-Audit changes if any