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Audit & Assurance

Internal Audit Services

Find the leaks before they sink the ship. Our risk-based internal audits examine your processes, controls and compliance — delivering findings management can act on, not a report that gathers dust.

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Risk-Based Approach Leakage & Fraud Focus Actionable Reporting
Key Processes Mapped
Controls Tested on Ground
Gaps & Leakages Identified
Controls Fixed, Value Saved!
Quick Overview

Understand It in 30 Seconds

What is an internal audit?

An independent, ongoing review of your operations, controls and compliance — commissioned by management to find inefficiencies, leakages and risks while there is still time to fix them.

What are its objectives?

Safeguarding assets, verifying that processes follow SOPs, testing the reliability of financial data, detecting fraud indicators, and ensuring regulatory compliance across functions.

How is it different from a statutory audit?

The statutory audit tells outsiders your accounts are fair; the internal audit tells YOU where money and control are slipping. One is an opinion, the other is an improvement engine.

Key Benefits

What Internal Audits Save and Strengthen

Revenue Leakage Plugged

Unbilled work, pricing errors, discount abuse and pilferage surface with numbers attached.

Fraud Deterrence

Regular independent checks are the strongest practical deterrent to internal fraud.

Stronger Processes

SOP gaps and control weaknesses fixed before they become losses or audit qualifications.

Compliance Confidence

GST, TDS, payroll and licensing compliance tested across branches and functions.

Better Decisions

Management gets ground-truth data on inventory, receivables and cost centres.

Governance Credibility

Boards, investors and lenders read a functioning internal audit as maturity.

Eligibility

Who Needs Internal Audit?

Mandated Companies (Sec 138)

Listed companies, and public/private companies above turnover, borrowing or deposit thresholds.

Multi-Location Businesses

Branches, warehouses, franchisees or dealers that headquarters cannot watch daily.

High-Transaction Operations

Retail, e-commerce, manufacturing and logistics where small leaks compound fast.

Scaling & Funded Companies

Investors expect internal controls to grow with the topline — before problems do.

Even where Section 138 doesn't mandate it, most businesses recover multiples of the audit fee in plugged leakages.
Documents Required

Keep These Ready

Process Documentation
SOPs, policies and authority matrices, as available
Books & MIS Reports
accounting data for the review period
Inventory Records
stock registers, GRNs and movement data
Purchase & Sales Data
orders, invoices, rate contracts and approvals
Payroll Records
attendance, salary registers and reimbursements
Bank & Cash Records
statements, BRS and cash books
Compliance Filings
GST, TDS and statutory returns filed
Previous Audit Reports
internal or statutory findings, if any
How It Works

The Review in 5 Structured Steps

One-time diagnostic or a quarterly retainer — most clients start with one high-risk area

01

Scoping & Risk Ranking

Functions are ranked by risk; the audit plan targets what matters most.

02

Process Walkthroughs

We map how work actually happens — versus how SOPs say it should.

03

Fieldwork & Testing

Sample testing, surprise checks, stock counts and data analytics.

04

Findings & Discussion

Every observation is validated with process owners before reporting.

05

Report & Follow-Up

Prioritised recommendations with owners and dates — and a follow-up review.

Why Allied Business

Registration, Minus the Headache

Experienced Professionals

Chartered Accountants & Company Secretaries handle your filing.

Transparent Pricing

One fixed fee agreed upfront — no hidden charges, ever.

Fast Processing

Same-day document processing and proactive follow-ups.

Expert Support

A dedicated expert answers your questions at every step.

End-to-End Assistance

From application to post-registration compliance calendar.

Get a Free Consultation

Speak to a registration expert — free, no obligations.

Request a Callback +91 7300070618

Frequently Asked Questions

Section 138 mandates it for listed companies and larger unlisted/private companies crossing turnover or borrowing thresholds. For everyone else it is voluntary — and usually pays for itself.

Different customers: the statutory audit assures outsiders that accounts are true and fair; the internal audit serves management, hunting inefficiency, leakage and control gaps inside operations.

Quarterly is the sweet spot for most SMEs — frequent enough to deter and detect, light enough not to disrupt. High-risk functions (cash, inventory) may warrant monthly checks.

Yes — many engagements start with a single pain point: inventory shrinkage, branch cash handling, procurement pricing or receivables. Scope grows only if the findings justify it.

Minimal by design — data analytics first, focused fieldwork second. Surprise elements (cash/stock counts) are short and coordinated with a single point of contact.

Findings ranked by financial impact and risk, root causes, and specific recommendations with suggested owners and timelines — plus an executive summary your board can read in five minutes.

Fraud indicators are part of every review — unusual patterns, control overrides, vendor collusion signs. Where something concrete surfaces, we scope a dedicated forensic examination.

Yes — SOP drafting, approval-matrix design and control implementation are natural extensions, delivered by a separate team so audit independence is preserved.

Ready to Find What Your Business Is Leaking?

A risk-based review that typically pays for itself in one cycle.

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