We believe in pro-active, real-time communication across all levels of the organization as communication is critical. This approach enables us to provide early warnings and deliver a no surprises. Before commencement of the work, we seek approval from the management on our engagement plan and time schedules in timely fashion. We maintain independent and unbiased approach.
During the course of our engagement, we evaluate the internal controls related to significant processes and highlight issues together with recommendations to resolve some of the identified process weakness, fraud risks and improvement opportunities. Our procedures include test of design and operating effectiveness of controls and test of details of significant account balances and transactions.
Real time - Issues identified are immediately communicated to engagement in-charge by our team and is also communicated to the entity’s team members.
Research - Engagement in-charge verifies facts, understand basis for team’s preliminary conclusion and collate research on the topic in a contemporaneous fashion.
Review and Analysis - All facts and the preliminary conclusion with supporting documents is reviewed by the Partner. Additional facts or a discussion with the team as required is done on a need basis.
Conclusion - Partner concludes on all matters in consultation with other senior partner.