Internal Audit is an important tool of evaluating corporate governance processes and evaluating the risk management of a business organization. Internal audit is an effective means of evaluating the efficacy of operations, the reliability of financial reporting, compliance with the corporate and statutory regulations, safeguarding of assets and various matters concerning the interest of the company, employees, stakeholders and society in general. On account of the changing business dynamics, recent corporate failures and increased stakeholders accountability, internal audit has a vital role to provide the management with a clear, comprehensive and unbiased analysis of the functional efficiency of the organization and also to suggest possible areas of improvements.
We have wide experience in implementing the most appropriate internal audit solutions for customers. Please do contact us for your requirements related to internal audit services, management audit services,
internal auditing services, project management audit, forensic audit services and audit services.
Some of the areas which get covered in the management audit solutions offered by us are :
*implementation of the most appropriate internal control and internal check and internal audit systems.
*study of wastage and leakage at various levels.
*cost reduction and cost management solutions.
*selective audit of large expense heads & outflows.
*fraud prevention and detection systems.
*ensuring implementation of systems and procedures to ensure that credit is taken in respect of input Excise, service tax, VAT, etc.
*test check of payroll.
*study of Business Performance Measurement systems.
*special Investigations involving study of specific transactions.
*study of the risk profile of the customer.
*development of an appropriate accounting and audit manual.
*development of a process manual.
*handling forensic audit assignments.
*handling stock audit for our clients.