We undertake Internal Audits wherein we are strong on compliance of the gaps identified, therein helping organizations grow in reality, rather than just on paper.
Internal Audit is a process made to protect the interest of various stakeholders. Although sometimes, Internal Audit is governed by a statute also but most of the times it is done to check the compliance of the functioning and improvement Internal Control Systems and procedures. Generally, the Internal Audit process goes along with the routine functioning of the organization. It is blended with the routine operations of the organization and is a regular function.
However, the exact scope and functioning of the Internal Audit is decided in consultation with the requirements of the client. This process inculcates a detailed review of the functioning of the organization and its routine procedures in accordance with the organizational policies framed for the purpose.
At D. Patel & Co., emphasis is given to the interest of the stakeholders and the scope behind carrying out the audit.
Statutory Audits are conducted by our expert team using CAATs and audit techniques that have been derived from experience of 7 years as well as technology. Our audits are done in various environments such as multi-geographic entities to multi-company groups and our experience ranges from all sectors of the economy including Manufacturing, Trade, Overseas Trades, Power Companies, Shipping Companies, Oil Exploration, Pharma, Chemicals, Automobiles, Educational Institutes, Hospitality Industry, FMCG, Retail Chains to name a few.