The current business world has become competitive and is regulated thus the stakeholders of an organization demand that organizations be transparent and practise integrity and good governance. Not only compliance is guaranteed when independent audits are carried out and good risk management is done but the investors are also more confident about the business and performance is also boosted.

Our Audit, Assurance and Risk Management services offer businesses with all round solutions to enhance their internal controls, statutory compliance, and proactive financial and operational risks. We are risk-oriented and deeply experienced in the industry to assist organizations to become more efficient, accountable, and resilient.

Statutory & Internal Audit

Audits are not only compliance but are also an excellent tool to evaluate the health of your business and find a way to improve it.

Statutory Audit

• Carried out under the Companies Act, Income Tax Act and other regulation frameworks.
• The accuracy, completeness, and adherence to the accounting standards of financial statements should be independently verified.
• Developing investor, regulator and stakeholder credibility.

Internal Audit

• External audit of internal operations and internal controls and operating efficiency.
• Determining risks, inefficiencies and possible frauds.
• Process improvement and cost saving suggestions.

We have a risk-based and technology-enabled audit methodology that has ensured that our assessments are long and deep and are not limited to numbers but real business insights.

Controls Review

Good governance and risk management are dependent upon good internal controls. When a business has a weak control environment, it is susceptible to financial misstatement, fraud, and regulation fines.

Our controls review services include:

• Assessment of internal controls – reviewing the policies, procedures and IT systems.
• Design and implementation – to enhance control systems to avoid mistakes and fraud.
• Testing and monitoring – making sure controls are in operation.
• SOX and IFC compliance – helping companies comply with international and country-wide control reporting requirements.
• IT controls and cybersecurity review – evaluating the system security, access controls and data protection measures.

We assist the companies to develop strong controls that protect assets, enhance efficiency, and governance.

Risk Advisory

With such a rapidly evolving world, threats may be formed on various fronts: financial, operation, regulatory, or technological. Companies effectively dealing with risks have a better chance of success in the long run.

Our risk advisory services cover:

• Enterprise risk management (ERM) – provision and creation of risk frameworks.
• Risk identification and assessment – visualizing the possible risks and its effect on the business performance.
• Mitigation strategies – creating action plans in order to mitigate the risks.
• Fraud risk management – controls and monitoring measures to see and stop fraud.
• Business continuity planning – making sure the business withstands a disaster.

Through integrating risk management and strategy, we empower the organizations to make sound decisions and to reduce the uncertainties.

Compliance Assurance

Legal and regulatory adherence and compliance with industry standards are essential to credibility and survival of business. Penalties are not the only consequences of non-compliance, as it also harms reputation.

We provide compliance assurance through:

• Regulatory compliance reviews – examining compliance with Companies Act, FEMA, SEBI and Income Tax, GST among others.
• Industry-specific compliance – industry-specific support of regulated industries, such as banking, financial services, healthcare, and manufacturing.
• Policy and process reviews – reviewing compliance with statutory requirements.
• Compliance monitoring frameworks – establishing ongoing mechanisms to track regulatory changes.
• Assistance with regulatory inspections – making the paperwork and facilitating interactions with the authorities.

Our proactive compliance support is to assist businesses to keep on top of changing regulations while maintaining integrity in their operations.

Why Choose Us?

• Independent and objective – giving objective assurance that in stills confidence among the stakeholders.
• Risk-focused approach – defining the major vulnerabilities and giving practical solutions.
• Technology-driven audits – Use of digital tools to be more accurate and efficient.
• Multi-industry experience – the experience of working with companies in various industries and of different sizes.
• Value beyond compliance – transforming audits into growth and improvement.

Take the Next Step

Audit and assurance is no longer a matter of compliance with the statutory requirements, but a matter of establishing trust, strengthening good governance and proactively managing risks.

Audit, Assurance and Risk Management services allow our businesses to enhance our transparency, efficiency and sustainable business in a world that is risk conscious.

Contact us today to find out how we can help protect your business through sound audits, controls and risk management planning.