Audit of joint stock company

For statutory audit of a new company auditor should primary check the statutory registers maintained by the company which includes GST returns, reconciliation statements, ITC availed are as per returns or not, Income Tax returns including demand notices if any, and all aspects regarding IT act, fixed assets register including assets purchased, sold, depreciation claimed, ITC on assets purchased etc. Bank statements including BRS, Their Revenue recognition policy how they record revenue, if there is any special policy extended to employees etc.