Internal audit is an independent management function, which involves a continuous and critical appraisal of the functioning of an entity with a view to suggest improvements thereto and add value to and strengthen the overall governance mechanism of the entity, including the entity’s risk management and internal control system.
We believe internal auditing is a catalyst for improving an organization’s governance, risk management and management controls by providing insight and recommendations based on analyses and assessments of data and business processes.
We undertake Audit with a view to improve performance and operating efficiency. Bizsolindia’s signature methodologies, tools and guidance are developed with a focus on clients and reflect recent external developments. Audit approach is thus based upon an extensively researched methodology that is,
- Obtaining an understanding of the business / transactions being audited
- Assessing the risk of misstatements, and the controls in place to prevent these risks
- Ensuring rigorous quality control over audit performance.
- Suggesting practical solutions