Evaluating company's internal controls, corporate governance and accounting processes to improve overall efficiency.
ICFR is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with GAAP.
Standard Operating Procedures (SOPs) is a mandatory component of any business model. SOPs act as the process book that describes a set of procedures and protocols for a particular action. Standard Operating Procedures describe how processes execute as well as detailing the roles and resources that are involved in a particular process. At D N A & Co LLP, we take care of SOP development by creating it, reviewing it and periodically updating the SOPs.
Audit of specific operational management functions (viz. purchase, sales, inventory, fixed assets, special purpose accounting, mergers, acquisitions etc.) wherein we closely work with the management in improving overall efficiency.
Special audits are needed when it is suspected that laws or regulations have been violated in the financial management of an organisation. In conjunction with investigating violations, audits can be carried out pertaining to duties, authorisations, responsibilities and internal control guidelines.