Today’s modern business environment is becoming more complex. Increasing number of factors affecting decision making process and result. Need for effective risk advisory is becoming more significant. Based on our experience, we understand that proper risk management is no longer simply a matter of identifying and detecting risk. Business today appreciate that risks, threaten the achievement of organizational objectives and therefore should be identified, assessed, prioritized and managed. Our team dedicates particular attention to each important business information and the development of our clients is our principal aim.
We review and evaluate the effectiveness of your organization’s internal controls. Based on the risk assessment, we evaluate the adequacy of existing internal controls and perform checks whether these are appropriately implemented. We stay in touch with you throughout the year, our internal auditors can ensure that you understand the project scope and noted control weaknesses are discussed with you regularly.
Our Auditors follow a risk-based approach to internal audit with a view to help clients improve performance and operating productivity. We go beyond traditional fundamentals and add tangible value. We work to build internal audit into a strategic and productive tool in today’s corporate
Issues We Solve:
A financial audit is an independent, objective evaluation of an organization’s financial reports and financial reporting processes. The primary purpose for financial audits is to give regulators, investors, directors, and managers reasonable assurance that financial statements are accurate and complete.
This is an investigation of a specific area or individual when there is a suspicion of inappropriate or fraudulent activity. The intent is to locate and address control breaches, as well as to collect evidence in case charges are to be brought against someone.
This involves review of the controls over software development, data processing, and access to computer systems. The intent is to spot any issues that could impair the ability of IT systems to provide accurate information to users, as well as to ensure that unauthorized parties do not have access to the data.
A tax audit involves a detailed examination of an individual’s or organization’s financial records by tax authorities to verify that income, deductions, and tax payments are accurately reported and comply with tax laws and regulations.
In the current framework of uncertainty & unforeseeable economic policies, businesses are more vulnerable to the risks but on the contrary, leading organisations understand that risk is a source of competitive advantage. By managing risk more effectively, organisations unleash their full potential, creating and protecting value for all of their stakeholders. Our offerings are designed to suit individual client needs and address their ‘pain areas’. Our endeavour is to handhold you right from addressing key business concerns, helping you comply with regulatory norms and enhancing overall effectiveness of corporate governance and reporting requirements, boosting operational efficiencies to achieving strategic business goals. We ensure:
Advance Contributors Pvt. Ltd. (ACPL) is a provider of consulting & outsourcing services having its offices in Delhi NCR, India. We are niche knowledge and business solutions provider for organisations that need assistance with their Finance Functions. Taxation, Human Resource Management and Business Analytics.
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