Internal Audit, Risk Management and Corporate Governance Services
We also have with us extensive experience in offering services for Internal Audit, Risk Management and Corporate Governance. Here, the main objective of Internal & Management Audits is towards the management who are provided with independent, management oriented advice on –
We keep the most competent and efficient staff to meet with this important requirement of our clients and readily furnish every data and information as and when required. This is our specialty time is the essence of business and we are fully seized of this secret of success.
Whether it is a full service accounting and book-keeping plan or quarterly updates and financial statement preparation, we provide accurate and timely services that include:
- Performance and financial services
The service aims at –
- Promoting efficiency, economy and effectiveness of management processes
- Adding to the reliability and accuracy of operations
Here, the quality audit services performed are done by group of professionals who are experts in the field and are the best to perform the services.
Further, the Risk Management services offered are aimed at handling areas like Analytics, Risk and Fraud Management and find usage among market sectors like –
- Banking
- Financial Services
- Insurance
- E-commerce industries
Other than this, we also handle Corporate Governance services that rest on four pillars including transparency, full disclosure, independent monitoring and fairness to all. It refers to combination of laws, regulations, procedures, implicit rules as well as voluntary practices that allow companies to –
- Attract financial & human capital
- Perform efficiently
- Maximize long term value for shareholders
- Respecting aspect of multiple stakeholders
The company has vast & varied experience in conducting all types of Audits for large & medium sized business entities. The Company also has the expertise to prepare financial statements not only in accordance with international accounting standards (IAS) but also in compliance with the generally accepted accounting principles (GAAP) especially US-GAAP. Our Internal/Management audits focus on:
- Critical evaluation of internal controls adopted by organizations and suggesting areas for strengthening
- Review of existing business processes, policies and practices with a view to suggest best practices, including a thorough benchmarking exercise.
- Review of Risk Management Framework and its effectiveness with a view to provide suggestions for strengthening the same.
- Constructive review of operations by keeping the client’s business needs in focus
- Identification and recommendation of areas for cost reduction, revenue optimization and improvement in operational efficiency followed by assistance in their implementation
- Providing result oriented and practical solutions followed by support for its implementation
- Confirmation of proper compliance with the various regulatory provisions and operational manuals
- Assisting in meeting the clients’ Corporate Governance requirements
Our Services Includes
- Compliance with management controls
- System and process improvements
- Financial impropriety and fraud audits
- Due diligence for acquisitions and investments
- Co-sourcing and supplementing internal audit function along with the existing capabilities of the client organization
- Deputation of personnel to strengthen the internal audit function of client organization
- Conducting concurrent audits with dedicated teams for more focused transaction audits as well as on-line auditing/pre-payment audits
- Conducting operational audits through review of business operations, activities, etc
- Conducting special purpose investigative audits
- Techno Commercial Concurrent Reviews