Statutory Audit

A statutory audit is a regulatory requirement, but at Stransact, we see it as an opportunity to add value beyond mere compliance. Our statutory audit services thoroughly examine your financial statements, ensuring they are accurate, complete, and compliant with all relevant laws and standards. Audit is a statutory requirement for many companies operating in Nigeria. Regulatory bodies such as the Financial Reporting Council of Nigeria (FRCN) review the correctness of financial disclosures. Stransact's statutory audit process is tailored to help organisations meet these regulatory requirements and gain insights that can drive improved performance and decision-making.

Our risk-based and industry-specific audit process allows us to focus on the areas of your business that matter most. By identifying and addressing potential risks and weaknesses, we help you mitigate issues that could affect your company's reputation and operational success. Stransact's team of highly experienced auditors brings a wealth of knowledge, leveraging best practices and advanced methodologies to conduct an efficient and effective audit process.

In addition to providing assurance on your financial statements, our statutory audit can also serve as a valuable tool for securing funding or attracting investors. Clear and accurate financial records are often a prerequisite for securing financing or entering into partnerships, making statutory audits necessary for compliance and a strategic advantage.

At Stransact, we go beyond numbers. Our statutory audits are designed to provide meaningful insights into your business, helping you strengthen your financial processes and build stakeholder confidence. We understand that each company is unique, and we work closely with you to tailor our approach, ensuring that your audit is aligned with your organisational goals. With Stransact, you get a statutory audit that is thorough, timely, and tailored to your needs.