In the present day, a complex environment has made it essential that a comprehensive and critical review of the internal controls and policies of an organization is done to ensure that leakages in management and statutory compliances are plugged.

A review of the internal controls and compliances is a systematic independent appraisal activity done for an organization to review whether these are commensurate with the nature and size of the organization. It entails, a review of the entire operations, evaluating the actual performances in comparison with predetermined targets. This identifies the cause of variances and helps to formulate corrective actions, providing a comprehensive insight into the functioning and effectiveness of processes to ensure compliance to regulatory requirements.

The results are reviewed and the key findings along with recommendations are presented to the Audit Committees, of organizations that are both publicly and privately held.