S E R V I C E E X E C E L L E N C E | T R U S T E D A D V I S O R
"Catching the Fraudster" – IT Telco
Conducted a very well laid out audit which led into a fraud and forensic type assurance engagement. we were representing a high network individual investor into a it telco private limited company. our review led to a finding of $2m usd investment that evaporated within a span of 12 months. initially the assignment for to conduct a due diligence audit to provide a comfort to the investor and to develop an internal audit framework resulting in some validated financial mis periodically. but with our audit process, we easily figured out that this was a classic case of financial fraud via pseudo contracts, misappropriation of funds and shadow employees. With our findings and well drafted fact based report, the fraudster was put behind bars and appropriate legal action initiated.
"Consultative Assurance Approach" – Established Spinning Company
Performed a very exhaustive audit of business processes, procedures and compliances under various functional areas for an established spinning industry client. We have found leakages in Stores and Energy usage and laid out solutions to close leakages & establish controls for continuous monitoring. Conducted a due diligence on their HR policies and outlined a lean organization with well defined roles and responsibilities with performance measures for financial benefits and motivation of employees. Even though the company had well reputed auditors and internal audits done in the past our consultative, result oriented audit approach has provided tremendous value to the Management team. The approach and solutions provided, encouraged them to refer us multiple clients in their industry domain in their geographic region.
SOME KEY ENGAGEMENTS