Company Audit Services in Bangladesh in 2025
At TRW Law Firm, we understand that a company’s success hinges not just on profit margins, but on financial transparency, accountability, and compliance. That’s why we offer world-class Company Audit Services in Bangladesh—designed to keep your business operations legally sound, operationally efficient, and stakeholder-trustworthy.
From startups to multinational corporations, our audit solutions are tailored to align with the Bangladesh Companies Act, 1994, Bangladesh Financial Reporting Standards (BFRS), and global best practices.
🔶 What is a Company Audit?
A Company Audit is an independent, systematic review and assessment of a company’s financial records, internal controls, and compliance with statutory requirements. It verifies whether the company’s financial statements present a true and fair view of its affairs.
It’s not just a legal obligation—it’s an operational necessity in today’s regulated business environment.
🔶 Why You Need a Company Audit in Bangladesh
In Bangladesh, statutory audits are mandatory for all registered limited liability companies, but there’s more at stake:
🟩 Ensure Legal Compliance: Non-compliance with audit obligations can lead to penalties, legal actions, and damage to corporate reputation.
🟩 Boost Investor Confidence: Verified financials build trust among investors, banks, and partners.
🟩 Detect Financial Irregularities Early: Internal discrepancies, fraud, or tax misreporting can be identified and addressed swiftly.
🟩 Drive Better Business Decisions: An accurate snapshot of financial health helps the leadership plan more effectively.
🟩 Improve Internal Controls: An audit often uncovers inefficiencies in operations and internal workflows.
🔶 Legal Framework Governing Audits in Bangladesh
Our audit services are grounded in the following legal frameworks:
🟩 Companies Act, 1994 – Mandates statutory audits for limited companies and sets out rules for appointing auditors, timelines, and audit content.
🟩 Bangladesh Financial Reporting Standards (BFRS) – Ensures standardized financial disclosures.
🟩 Income Tax Ordinance, 1984 – Requires certain companies to submit audited accounts to comply with tax reporting obligations.
🟩 National Board of Revenue (NBR) Guidelines – Stipulate formats and tax-related audit obligations.
🟩 Foreign Exchange Regulation Act, 1947 – For foreign companies and remittance reporting.
🔶 Types of Company Audit Services We Offer
TRW Law Firm provides a full suite of company audit services in Bangladesh tailored to your business model, industry, and regulatory exposure.
📌 Financial Statement Audit
🟩 A meticulous review of your balance sheet, income statement, and cash flow to ensure financial accuracy.
🟩 Verifies alignment with BFRS and international standards.
🟩 Key for stakeholder confidence and creditworthiness.
📌 Statutory Audit
🟩 Complies with Companies Act provisions.
🟩 Required annually for all registered limited companies.
🟩 Submission-ready reports for Registrar of Joint Stock Companies and Firms (RJSC).
📌 Internal Audit
🟩 A continuous check on internal operations and risk management systems.
🟩 Prevents fraud and enhances workflow efficiency.
🟩 Offers internal control recommendations and monitoring KPIs.
📌 Compliance Audit
🟩 Examines whether your company follows applicable laws, regulations, and governance codes.
🟩 Especially relevant for listed companies, NGOs, and export-import businesses.
🟩 Covers environmental, labor, and tax compliance metrics.
📌 Tax Audit
🟩 A focused audit of your income tax, VAT, and corporate tax filings.
🟩 Identifies risks of tax non-compliance and areas for lawful savings.
🟩 Keeps you safe from NBR scrutiny and penalties.
📌 Forensic Audit
🟩 Investigates fraud, embezzlement, or financial misappropriations.
🟩 Includes evidence gathering, litigation support, and testimony-ready reports.
🟩 Used in criminal proceedings, internal investigations, or shareholder disputes.
📌 Audit Preparation and Advisory
🟩 We help companies prepare documentation and financials ahead of audits.
🟩 Ideal for businesses undergoing their first audit or facing high complexity.
🟩 Training, documentation support, and regulatory liaison included.
🔶 Sector-Specific Audit Expertise
We understand that audit needs vary by industry, and our specialists bring tailored approaches across sectors:
🟩 Manufacturing: Raw material procurement, costing, export subsidies.
🟩 Banking and Finance: Asset valuation, lending compliance, risk exposure.
🟩 Telecommunication: Licensing, tax audits, technology asset reviews.
🟩 NGOs: Donor fund utilization, internal controls, and project-based audits.
🟩 Startups and Tech: IP valuation, ESOP schemes, and early-stage compliance.
🔶 Who Needs a Company Audit in Bangladesh?
Whether mandated by law or strategic necessity, these entities are key audit candidates:
🟩 Private Limited Companies: Mandatory statutory audits every fiscal year.
🟩 Public Limited Companies: Annual audits plus additional audits for regulatory filings.
🟩 NGOs: Required to submit audits to NGOAB and donors.
🟩 Multinational & Foreign Companies: Must file audited reports with RJSC and BIDA.
🟩 Export-Oriented Units: For duty draw-backs, export subsidies, and customs compliance.
🟩 Partnership Firms & Proprietorships: Voluntary audits to boost transparency and access credit.
🔶 Why Choose TRW Law Firm for Your Company Audit?
At TRW Law Firm, we are not just auditors—we are legal advisors, regulatory navigators, and strategic partners in your business journey.
✅ Unmatched Legal-Audit Synergy
Our unique strength lies in combining audit excellence with deep legal expertise, ensuring that you don’t just comply with numbers but understand the legal framework behind them.
✅ Cross-Border Audit Support
We offer audit support for foreign-invested companies, including transfer pricing compliance, intercompany transactions, and cross-border taxation.
✅ End-to-End Support
From audit preparation to defense against tax audits, and representations before RJSC and NBR, we handle it all.
✅ Industry-Aware Professionals
Our auditors are trained in sector-specific risk analysis, corporate governance, and forensic methodologies.
✅ Confidentiality Assured
Client confidentiality is our highest priority. All audits are conducted with secure data management systems.
🔶 The TRW Company Audit Process: What to Expect
Here’s a simplified overview of how our company audit engagement works:
| Phase | Description |
|---|---|
| 🟩 Initial Consultation | Understanding your audit needs, business model, and sector. |
| 🟩 Document Collection | Gathering financial statements, tax returns, payroll records, etc. |
| 🟩 Risk Assessment | Identifying high-risk areas, anomalies, and compliance concerns. |
| 🟩 Fieldwork & Testing | Onsite/remote testing of records, ledgers, and internal controls. |
| 🟩 Draft Reporting | Initial findings shared for feedback or clarification. |
| 🟩 Final Audit Report | Delivered in compliance with BFRS, NBR, or donor requirements. |
| 🟩 Post-Audit Advisory | Recommendations on improving operations, controls, or compliance. |
🔶 Consequences of Non-Compliance with Audit Requirements
Failing to conduct statutory audits or submitting inaccurate financials can result in:
🟩 Hefty Penalties under Companies Act
🟩 License Revocation for certain regulated businesses
🟩 Bank Loan Denials due to unverifiable financials
🟩 Tax Scrutiny or Investigations by the NBR
🟩 Investor Lawsuits or Shareholder Disputes
Let TRW Law Firm shield you from these risks.
🔶 Value-Added Services Beyond Traditional Audits
We go beyond routine audits. Our value-added services include:
🟩 Due Diligence for M&A
🟩 ESG Compliance Audits
🟩 Litigation Support in Financial Disputes
🟩 Tax Planning and Re-structuring
🟩 Cybersecurity & IT Control Audits
🔶 Let’s Talk Numbers: Pricing Transparency
Audit fees in Bangladesh vary based on company size, complexity, and sectoral regulations. At TRW Law Firm, we offer customized, transparent, and fair pricing models. Contact us for a free estimate based on your company profile.
🔶 Get in Touch with TRW Law Firm
Whether you’re looking to ensure annual compliance, investigate fraud, or prepare for tax scrutiny, TRW Law Firm is your one-stop destination for professional company audit services in Bangladesh.
📍 Head Office:
House 410, Road 29, Mohakhali DOHS, Dhaka
📍 Global Office:
Rolex Building, L-12, Sheikh Zayed Road, Dubai
📞 Hotline Numbers:
+8801708000660
+8801847220062
+8801708080817
📩 Emails:
info@trfirm.com
info@trwbd.com
info@tahmidur.com
🔶 Structured Overview
| Section | Details |
|---|---|
| 📌 Audit Types Offered | Statutory, Internal, Financial, Tax, Compliance, Forensic, Advisory |
| 📌 Industries Covered | Manufacturing, Tech, NGO, Banking, Telecom, Startups |
| 📌 Audit Objectives | Compliance, Transparency, Risk Reduction, Investor Trust |
| 📌 Legal Compliance | Companies Act 1994, BFRS, NBR, FERA |
| 📌 Clients Served | Private Ltd, Public Ltd, NGOs, Foreign Cos, Startups |
| 📌 Unique Proposition | Legal-Audit Synergy, Confidentiality, End-to-End Support |
Want to elevate your business with financial transparency and legal certainty?
Choose TRW Law Firm for Company Audit Services in Bangladesh.
Let us help you stay compliant, credible, and future-ready.
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