Our Services
Audit and Attestation Services
- Statutory audits
- Taxation audits
- Compliance audits
- Special investigation audits
- Corporate governance certification services
- Risk consulting services (Internal Audit and Management Assurance)
Our Audit Methodology
Meeting with heads of key functional areas and understanding their business to identify the key business risks and controls to mitigate these risks
Analyze the business processes and assess the business risks
Perform audit procedures to test effectiveness of internal controls at entity level and process level controls.
Consider effectiveness of internal controls to determine Nature, Timing & Extend (NTE) of audit procedures to ensure audit as transparent and cost effective.
Present summary of key issues to the Audit committee/Management
Our Audit Process Cycle
- Business understanding document
- Minutes of opening meeting
- Approved audit scope
- Risk Assessment Presentation
- Minutes of discussion with process owners
- Statutory Audit Plan & Strategy
- Minutes of meeting with the team members
- Walkthrough samples
- Documents / data received from process owner
- Copies of al reviewed documents
- Minutes of meeting with client
- Analysis of risk and controls in place identified in each core business process
- Existing controls mapped to risk and identified design deficiencies.
- Approved audit program
- Test summary
- Control test matrix
- Summary of issues and findings
- Copy of all samples and data
- Evidence of samples selected from pre -defined universe
- Minutes of meeting with client to discuss issues.
- Statutory audit report cross referenced to working papers and annexure
- Obtaining MRL from Mgt
- Minutes of meeting
Flow Chart
