Internal & Investigative Audit
Internal Audit as a way to mitigate risks
Internal audit is an independent management function, which involves a continuous and critical appraisal of the functioning of an entity with a view to suggesting improvements thereto and adding value to and strengthening the overall governance mechanism of the entity, including the entity’s strategic risk management and internal control system.
At Finsurety Advisors, we help an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluating and improving the effectiveness of risk management, control, and governance processes. With commitment to integrity and accountability, we provide value to the senior management as an objective source of independent advice.
Our internal audit services include services not limited to:
- Management support for Internal Financial Controls (IFCs) testing and development of Standard Operating Procedures (SOPs).
- Reviewing the risk control matrix and suggesting the process and operational improvements to mitigate risks
- Reviewing operations, policies, and procedures and assisting the management in establishing better policies and procedures
Our wide range of internal auditing services cater to many types of businesses including but not limited to banks, industries, firms etc.
Investigative Audit/Forensic Audit
Forensic audit involves specialised accounting skills to investigate the fraud or embezzlement concerns and to analyze financial information critically. Our team of experts ensures that we perform a forensic audit with utmost sincerity:
- Identification of High Risk areas
- Testing of transactions and/or domains susceptible to fraud
- Mapping of Transaction Trails
- Testing Authenticity of Documents
- Preparation of Reconciliations
- Interviews with Employees & Vendors
- Preparation of Fraud Reports
- Implementation of Control System for Prevention & Detection