The Audit and Compliance feature provided for India is
the Statutory
Audit.
The primary objective of Tally.ERP 9's Statutory
Audit features is to ensure that the financial statements (such as
Balance Sheet, Profit & Loss Account and so on.) provides a true
and fair view of the company’s financial records. As per the Companies
Act, it is mandatory for all the registered companies to get their
Books of Accounts audited by the practicing Chartered Accountants.