Internal audit is the cornerstone of strong governance in an enterprise and it bridges the gap between management and the Board of Directors. Internal audit assesses the effectiveness and efficiency of operations while it acts as the safety net for compliance with rules, regulations and overall best business practices.

Internal / Management audit of large business enterprises including listed companies has been one of the focus areas of our firm. Our approach to internal audit is risk based and provides assurance on the design and effectiveness of risk management processes of the enterprise. Based on the audit scope agreed with the clients, our audits could cover all functions of an enterprise including operational and technical areas. Our long experience in internal and operations audits spans across several sectors, manufacturing and services.

The Value Drivers behind our audit process are:

• Control – The effectiveness and suitability of the internal controls and checks are reviewed and improvements recommended
• Compliance – The audit process checks whether the provisions relating to various applicable statutes are complied with. It will also verify whether the internal Policies, Procedures and Regulations of the enterprise are adhered to.
• Cost – The audit process reviews transactions, policies and procedures with an objective of minimising cost and maximising revenue.
• Process Improvement – The systems and processes of each functional area are reviewed and improvements / changes would be recommended.