S.R. Dinodia & Co.
 
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MGI, the international accountants association of independent auditing, accounting and consulting firms.
 
 
Quality Control Audit Services India
  Services» Management Assurance Services» Quality Control Audits  
 

Quality Control Audits

 
 
From Traditional Internal Audit to World Class Management Assurance, the role and nature of Internal Audit is rapidly changing. Merely reviewing internal accounting controls and compliance testing is not enough to satisfy today's management. Business leaders expect their Internal Auditors to continually demonstrate how they can add value to the organization.

An independent Quality Assurance review of the Internal Audit function provides an effective means of assessing the performance, against the management's expectations and best practices, which facilities the transition to world-class standards.

 
   
  An S.R. Dinodia & Co. conducted Quality Control Audit is tailored to meet the specific needs of an organization. It essentially encompasses:  
   
 
  • Assessing whether the internal audit focus and planning process reflect the organizations needs
  • Assessing whether there are clear reporting lines and that the whether the structure and status of Internal Audit within the organization is appropriate
  • Reviewing work methodologies to ensure that they comply with relevant standards and current practices

Our review is carried out by way of questionnaires, interviews with the Audit Committee, Management and Internal Audit staff, observation and review of the internal audit work.

The results are reviewed and the key observations and recommendations are then presented to the Audit Committee.

 
   
   
   
 
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