Attest Function:

1. Audit of Financial Statements under the Companies Act, 2013 The provision of the Companies Act requires that all private and public limited companies must appoint an Auditor (who must be a Chartered Accountant in practice) in an AGM. Further, all companies must get its Financial Statements audited by such Auditor.

2. Audit under section 44AB of the Income Tax Act, 1956. Any individual / firm / company having a business and whose total sales, turnover or gross receipts exceeds One Crore Rupees (in case of profession, if gross receipts exceeds Fifty Lakh Rupees) in any financial year from April to March, should get the books of accounts audited by a Chartered Accountant

3. Audit under Goods and Service Act, 2017 Every registered person must get his accounts audited by a Chartered Accountant or a Cost Accountant if his aggregate turnover during a Financial Year exceeds Rs. 2 Crores. Even in case of turnovers less than Rs. 2 Crores, Annual Returns are required to be filed

4. Certification / Reports required by various Authorities Various authorities require certification by a Chartered Accountant like Foreign Remittance Certificate, Net Worth Certificate, Stock Reports, etc.