As per Section 136 of the Companies Act, 2013, every member of the Company is entitled to receive an Audited Financial Statement signed by the audited appointed as Statutory Audit under section 139 of Companies Act 2013.
Such auditors who have been appointed as auditors shall carry out the audit in accordance with the provision of Companies Act, 2013 and Auditing Assurance Standards issued by the Institute of Chartered Accountants of India (ICAI).
Auditors will perform tests to obtain reasonable assurance regarding whether the information contained in underlying accounting records is reliable and sufficient as the basis of preparation of the aforesaid statement. Companies Act, 2013, Section 134. Financial statement, Board‘s report, etc.— (1) The financial statement, including consolidated financial statement, if any, shall be approved by the Board of Directors before they are signed on behalf of the Board at least by the chairperson of the company where he is authorised by the Board or by two directors out of which one shall be managing director and the Chief Executive Officer, if he is a director in the company, the Chief Financial Officer and the company secretary of the company, wherever they are appointed, or in the case of a One Person Company, only by one director, for submission to the auditor for his report thereon. (2) The auditors‘ report shall be attached to every financial statement.