Concurrent Audits Services India

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	Concurrent Audits
	Concurrent Audits are a systematic and timely examination of the financial transactions on a regular basis to ensure accuracy, authenticity and compliance with procedures and guidelines. Concurrent audits do not emphasis test checking but substantial checking of a transaction. The main objective is to detect arithmetical errors and manipulation deliberately made (if any).

	Our endeavor is to conduct concurrent audits as per the scope of the entity and it usually includes: -

	A Systems review to understand the existing system and procedures, to enable us to suggest areas for system improvement and strengthening of controls Bringing to light violations of procedures (if any) Ascertaining whether sanctions for advances and expenditures is taken from a competent authority Ensuring compliance with the procedures and policies Review of the Funds Flow Statement and analysis of the utilization of the funds & various resources that were available Detection and arresting of leakages of income, (if any) Reporting inefficiencies at any operational level



	Special Investigation Audit Due Diligence Quality Control Audits Concurrent Audits System Process & Control Review Management Audits