Internal Controls

Internal Controls services

Enable robust testing and review services that follow a risk-based approach to internal controls through experienced audit professionals.

Implement effective Internal Controls for enhanced operation and risk management.

Our team of qualified Accountants and Internal Auditors help you meet your SOX compliance/Internal audit needs. Focussed on client requirements, we first get an in-depth understanding of the work and its nature & complexity – the number of processes in scope, the number of controls to be designed, tested & reviewed, testing template/software, turnaround time, ownership, responsibility assigned, training requirement, work timings, and infrastructure requirements.

We analyze complex data and evaluate information and systems using the latest audit management software to form logical conclusions for the satisfactory and timely completion of audits. Also, templates are prepared/customized based on client-specific needs. We ensure the efficient communication of project status to team members and suggest improvements in control design. Periodic feedback calls are scheduled to discuss improvement areas and best practices.

Key Offerings for Internal Controls

Our specialist team has comprehensive experience in testing all major processes, including – Asset Set up, corporate accounting, HR & tax, AP & Treasury, Valuation, Fund Accounting, IT, SOC 1 report, and Code of Ethics. We help with code-related activities like personal trading, outside business activities, political activities, gifts, and entertainment.

Risk Assessment & Scoping.

 

Documentation & update of business process narrative, process flow diagram, and walkthrough scheduling.

Test of design and operating effectiveness of controls.

Identification and assessment of control deficiency & remediation.

Audit report and effective coordination with external auditors for a smooth and efficient ICFR audit.

How We Deliver Value?

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Cost Effective

Flexible & cost-effective engagement models customized to the client’s needs.

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Enhanced Confidence

SOX Audit Compliance & support services for enhanced confidence from all regulators.

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Guidance and consultation

Guidance and consultation with management in light of dynamic compliance and process requirements.

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Customer Satisfaction

SOC1 report issuance leading to improved customer satisfaction & retention.

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Expert team

Expert team comprises a wealth of experience in the internal control and audit space, bringing best practices.

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Testing

Ad-Hoc deep dive testing opportunities for high-risk areas.

Connect to understand how our niche-experienced auditors can help you with Internal Controls and SOX audit compliance.

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