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| CONCURRENT AUDIT |
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The concept of concurrent audit has been introduced to reduce time gap between occurrences of transaction and is overview or checking. It serves the purpose of effective internal control, contemporaneous with the occurrence of transactions or is carried out as near thereto as possible. The main focus while conducting concurrent audit it to ensure that transactions are not dealt with in routine but in adherence with the systems and procedures laid down.
We ensure that the transaction or decisions are within the policy parameters laid down, they do not violate the instructions or policy prescriptions, and that they are within the delegated authority and in compliance with the terms and conditions for exercise of the delegated authority. We take adequate measures in advance to prevent future frauds, etc.. |
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| Why us? |
- Expertise in the domain and great market repute.
- Extensive experience in banking sector of more than 50 years.
- Emphasis on substantive checking in key areas rather than test checking.
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