Our vast experience in the field of process advisory, coupled with our keen insight of business principles enables us to identify the problems faced by the organizations and provide feasible solutions that cater to the specific need of our clients.
The end result of an internal audit is no longer limited to focusing on the processes and controls surrounding financial reporting. Internal audit now has a more strategic role. It can create value by identifying enterprise-wide risks, leveraging synergies, monitoring and providing early warning of new risks; and improving processes/ efficiency.The goal of internal audits is to assist the board and managers to investigate and reexamine any problems in internal controls and to judge operational results. Audits also provide constructive suggestions to ensure the continuous and effective implementation of internal control systems. S k surana& Co LLP provides a platform to its clients to achieve more from the business by providing internal audit services of highest standard.
Internal controls are the set of procedures and policies designed to prevent errors and fraud and manipulation of the organization's processes for personal gratification. Standard Operating Procedures (SOPs) is a major component of any business model. SOPs act as the process book that describes a set of procedures and protocols for a particular action. Standard Operating Procedures describe how processes execute as well as detailing the roles and resources that are involved in a particular process. At S K SURANA& Co LLP, we take care of Internal Control System and SOP development by creating it, reviewing it and periodically updating it.
Our advanced and analytical audit approach focuses on internal control and operational process analysis to ensure maximum productivity and efficiency in the processes/ practices. We work to identify the areas of weakness that violate or have the potential to violate legislative business policies, regulations and legal requirements. The end result gives our client streamlined operations which are safe and generates high ROIs.