Internal Audit Services 

An internal audit helps you asses and improve internal business controls at your company by reviewing risk-management plans and business processes for weaknesses and failures. 

Following are the few activities which are performed under Internal Audit :-

1. General verification

• Documentation Controls

• Secretarial Controls

• Safety and security Controls

• Legal Documents Controls

2. Human Resources Controls

• Manpower requirement assessment

• Checking Interview Panel competency

• Letter of Offer and Appointment terms and conditions

• Training & Development Program assessment

• Legal Compliance Related to HR assessment

• Accident and Causalities Policy assessment

• Salary and Wages procedure assessment Etc

3. Purchase & Inventory Management

• Material Control Assessment

• Purchase & Requirement Analysis

• Vendor Registration Assessment

• Selection / Assessment of the suppliers

• Execution of Emergency Purchase Assessment

• Receiving and Inspection of the Material Control

• Stores/Inventory Management Control Assessment

• Classification & Coding of Material Assessment

• Material Control System Analysis, etc

4. Production Process Assessment

• Assessment of  Reporting Procedure, Listing of Products, Labor hour analysis, Calculation of Idle time & Over time  Calculations etc.

• Fixed Asset Register for Machinery examination Etc.

5. Policy Assessment

6. Verification of Regulatory Requirements

7. Operational Control Assessment