Internal Audit

Internal auditing is an independent, objective assurance and consulting activity designed to add value to and improve business processes by helping the business achieve its strategic objectives and improving the operational performance.

Why is it important to you?

Evaluation of your internal controls by a third party or building a well-structured internal audit team can help in developing risk management strategies, improving your business performance and adding value to business processes
With ever increasing challenges and complexities in the business environment, unprecedented business disruptions (like covid-19), enhanced expectation from stakeholders and compliance to applicable regulatory requirements, has made it critical for organizations to monitor and revamp the operational processes
Internal audit is not limited to only financial transactions, but it also covers different processes of your entire business and thereby helps you to achieve your business vision and growth plans
In addition to the above, the Companies Act, 2013 mandates internal audit based on the following criteria:

How can we help?

Our diversified skill set and extensive experience of working with clients from different sectors and regions make us well-equipped to help our clients achieve the best results to improve their business processes. Our key services include:

Internal audit outsourcing

We will take the entire responsibility for your internal audit related activities like risk assessment, internal audit, remediation etc.

Internal audit co-sourcing

We will assign experienced team members to work alongside your IA team

Internal audit set-up

We will help you to set up your internal audit function, in line with IIA specifications

External quality review

We will perform review of your internal audit function and ensure compliance in line with IIA specifications

Internal audit training

We will conduct training and awareness sessions for your internal audit team and other relevant stakeholders

Internal audit analytics

We will help in building internal controls dashboard, which will help you in continuous monitoring and analysis of risks and controls