Service
Internal Audit, Risk & Controls
We test how your processes work in practice, against evidence.
- We verify stock and fixed assets against the books.
- We report findings by risk, and follow up the agreed actions.
What we do
Internal audit, stock verification, operational reviews, risk assessment and business process controls.
01Internal audit
Appointment as internal auditor under Section 138, a risk-based audit plan, and unit and branch audits.
02Stock and physical verification
Counts of raw material, work-in-progress and finished goods, reconciled with the books.
03Process and control reviews
Purchase to payment, order to collection, stores, payroll, fixed assets, and cash and banking.
04Concurrent audits
For NBFCs (non-banking financial companies) and other lending institutions, insurance companies and intermediaries, and co-operative and credit societies.
05Control design
Standard operating procedures (SOPs), approval matrices and control testing.
Is this you?
Tick what sounds familiar
Ten seconds. Nothing is sent unless you choose to send it.
What you get
Real documents you can keep, file or show your bank.
- Internal audit reports with findings ranked by risk
- Physical verification of stock and fixed assets
- Process maps, SOPs and control improvements
What happens in the first month
No guesswork about what comes after the first call.
- Week 1
A risk map: where money and stock could go missing in your business.
- Weeks 2–3
We walk through two or three key processes with your team and test a sample.
- Week 4
A report with each finding, what it could cost and the fix, ranked by urgency.
Keep these ready
Photos or PDFs are fine. Whatever you do not have, we work out together.
- Who does what: a simple list or chart is enough
- The last audit report and any management letter
- How purchases, sales, stores and payroll work today, in a few lines each
Common questions
Is internal audit compulsory for our company?
It applies to every listed company. Unlisted public companies and private companies are covered only above limits set in the rules, tested on the preceding financial year.
Can a Cost Accountant be appointed as internal auditor?
Yes. Section 138 names a Chartered Accountant, a Cost Accountant, or such other professional as the Board decides.
Can you do a one-time review instead of an annual appointment?
Yes. Many engagements begin as a single review, such as stock verification or a purchase-process check, and become a regular appointment only if the findings justify it.
Try first, for free
Free tools and guides that go with this service.
Bank Stock Statement: Stock, Debtors and Drawing Power Checks
The monthly stock statement decides how much of your limit you can draw. What the bank counts, what it leaves out, and how to keep the statement in step with your books.
Read the guide →
Turnover Threshold Checker
Open →
Accounting & Financial Reporting
Bookkeeping, payroll, reconciliations, financial statements and financial reporting.
Explore this service →Want to know whether your controls would catch an error?
We report what we found, with the evidence behind each finding. We reply within one working day, in English or தமிழ்.