Nandhakumar & Sundaran
Chartered Accountants, Auditors

Other Audit Services

A comprehensive audit process is essential to extend credibility to the financial information that stakeholders need to make sound business decisions. Around the world, the journey to success is governed by increasingly complex and broadening regulatory requirements and stakeholder demands.

Our Audit services extend beyond the conventional/traditional financial reporting function. We take time to understand your business, its needs and blend this with the sectors in which you operate. Seamless integration of business facts with experience allows us to identify major risks and opportunities that may distinguish between roaring success and complete disaster.

The global business landscape is being reshaped by transformational events and trends. And that means the financial and reporting environment is also being reshaped, resulting in significant challenges for management, boards, audit committees and auditors.

We can help you understand and address today's most critical financial and reporting issues.
  • Risk Based Internal Audit
  • Process Based Internal Audit
  • Secretarial Audit
  • Concurrent Audit
  • Compliance Audit
  • Management Audit
  • Operational Audit
  • Efficiency Audit
  • Strategy Audit
  • Energy Audit
  • Due Diligence

  • RBIA
  • PBIA
  • SA
  • CA
  • CA
  • MA
  • OA
  • EA
  • SA
  • EA
  • DD

Risk Based Internal Audit - a mordern approach

As companies grow and evolve in today’s rapidly changing business environment, they continuously face new sets of risks and challenges. To help executive teams address these changes, internal audit team can no longer afford to employ traditional audits. Internal Audit teams need to be flexible and innovative in their approach by utilizing their resources to focus on the critical areas of the business (e.g. higher risks).

New demands from the board, executive management and regulators, have triggered a shift in focus beyond regulatory compliance issues. In this environment, the industry leaders recognize the need for internal audit to play a larger role in the organization – one that expands on its historic focus on value preservation (control focus) to encompass activities related to value creation (performance focus).

A risk-based audit approach is the latest “best practice” in the evolution of internal auditing, aimed at maximizing the impact of audit by focusing on the major strategic, regulatory, financial and operational risks that confront an organization. This approach targets high risk areas and helps the auditors achieve maximum value for the company from their efforts. It involves challenging existing structures and processes to identify areas for improvement and propose value-adding changes to the organizations.