Governance and Risk Advisory

Internal and Risk Advisory

• Process-Based Internal Audits

  End-to-end review of business processes beyond compliance checklists; identification of control gaps, inefficiencies, revenue leakages, and process risks.

• IFC, ICFR & SOX Compliance Advisory & Testing

  Design, implementation, and testing of Internal Financial Controls; ICFR evaluation; SOX compliance support including documentation and walkthroughs.

• SOP & Risk Control Matrix (RCM) Development

  Drafting of Standard Operating Procedures; development of Risk Control Matrices; control mapping and accountability framework strengthening.

• IT System & ITGC Reviews

  Review of IT general controls, access controls, change management, data integrity, and system security frameworks.

• Business Continuity & Disaster Recovery Review

  Assessment of BCP and DR frameworks; evaluation of preparedness, response mechanisms, and operational resilience planning.

• Risk Heat Mapping & Remediation Planning

  Identification and prioritization of risks through heat maps; structured mitigation and remediation action planning.

• Internal Financial Controls Implementation & Monitoring

  Establishment and ongoing monitoring of financial controls; control testing; governance strengthening.

• Process Improvement & Cost Reduction Studies

  Identification of operational inefficiencies; cost optimization strategies; workflow redesign for enhanced productivity.

• Automation of Selected Processes

  Implementation of technology-driven solutions to automate repetitive tasks; enhancement of accuracy, efficiency, and control monitoring.

Development Sector Advisory

• CSR Policy Review, Compliance & Impact Assessment

  Review of CSR policy and framework under Companies Act, 2013; compliance verification; CSR spend validation; project monitoring and impact assessment.

• NGO Due Diligence & Donor Reporting

  Financial and governance due diligence of NGOs; verification of fund utilization; preparation of donor reports and compliance certifications.

• Project Audits & Monitoring & Evaluation (M&E)

  Audit of development projects; monitoring fund usage; evaluation of project outcomes and performance against objectives.

• FCRA Audit & Compliance

  Compliance review under Foreign Contribution Regulation Act; FCRA audits; filing support and regulatory advisory for foreign-funded entities.

• NGO Registration & Governance Advisory

  Advisory on registration of trusts, societies, and Section 8 companies; governance framework strengthening; statutory compliance support.

• Workshops & Capacity Building

  Training programs for NGOs, CSR teams, and development professionals on governance, compliance, financial management, and impact reporting.

• Audit of Agreed Upon Procedures (AUPs)

  Performance of specific agreed procedures; factual findings reports for donors, funding agencies, and regulatory authorities.

• Audit & Assurance (Statutory, Internal, UCs & AUPs)

  Statutory and internal audits of NGOs; issuance of Utilization Certificates; agreed-upon procedures engagements; strengthening transparency and accountability.

Regulatory Compliance and Risk Review

• Review of Regulatory Requirements Across Business Functions

  Comprehensive review of applicable laws and regulations (Companies Act, SEBI, RBI, sectoral laws); mapping compliance obligations across departments.

• Assessment of Internal Processes vis-à-vis Statutory Obligations

  Evaluation of internal systems and workflows to ensure alignment with regulatory requirements; identification of control weaknesses.

• Identification of Compliance Gaps & Risk Exposures

  Gap analysis of policies, procedures, and controls; assessment of exposure to penalties, litigation, and reputational risk.

• Compliance Risk Heat Mapping & Control Design

  Development of compliance risk heat maps; prioritization of high-risk areas; design of mitigating control mechanisms.

• Advisory for Remediation & Control Implementation

  Structured remediation plans; policy updates; implementation of corrective controls and monitoring systems.

• Reporting Framework for Continuous Compliance Monitoring

  Design of dashboards and reporting templates for management and boards; compliance tracking and escalation mechanisms.

• Regulatory Inspection Support & Audit Readiness

  Preparation for inspections by RBI, SEBI, MCA, and other regulators; documentation review; response drafting and compliance support.

• BRSR Advisory & Sustainability Reporting Support

  Assistance in Business Responsibility and Sustainability Reporting (BRSR); ESG data validation; sustainability disclosure framework alignment.