Statutory Audit
Companies in Myanmar are required to submit audited financial statements to the Directorate of Investment and Company Administration (DICA) under the Myanmar Companies Law. These are a key component of a company's corporate tax returns and must be submitted by the companies selected end of fiscal year.
statutory audits must be conducted by licensed auditors who are certified by the Myanmar Accountancy Council (MAC), while exercising due care in selecting their auditors, ensuring that the auditors are not only licensed but have the necessary experience and understanding of local regulations.
At Baker Tilly, our audit services offer more than the conventional approach by adhering to international standards. We do more then simply conduct routine statutory audits; our audits are designed to help Managing Directors and the Board meet corporate governance obligations. We focus on providing a clear understanding of how the company’s records are presented by its accounting team.