We recognize that the primary objective of internal audits is to provide the audit committee, senior management, head of operations, process owners, etc. of the organization with a comprehensive and fair analysis of the corporate governance processes, risks and functional efficiency of clients business and to suggest areas for improvement and value-addition
Our Internal Audit methodology is a risk based approach that focuses on our clients’ objectives and impediments to achieve those objectives
Our audit focus is on evaluation of internal controls, review of the existing business process, policies and practices, identify areas of revenue leakages and cost reduction, recommending practical solutions, compliance reviews etc.
Project Audits are carried out in a phased manner, right from the Planning to execution phase, where each milestone is assessed/reviewed for the inputs (cost, material etc) and the outcome of each phase is audited, with the budget slab.
Risk assessment / reviews
Risk analyses are carried out during the execution of every phase of a business process and the corresponding risk factors envisaged are duly studied , to generate a Risk Mitigation Report. This helps our clients to minimize unavoidable risks and also take a different course in cases, where risks can be nullified.
Fund utilization assessment / review
Reviews specifically designed for the trust which provide assurance to the contributor that amount has been utilized for the purpose it was given and compliance monitoring of other terms.