Nangia Nxt

Risk Advisory Services

Risk Advisory Services ( Internal Audit)

Internal Audit Services

We are a trusted name among risk consulting companies in India, offering systematic, disciplined methods to evaluate and enhance control effectiveness, ultimately strengthening governance processes. We conduct benchmarking across specific sectors and industries, ensuring alignment with best practices.

 

As one of the prominent risk advisory firms in India, our Internal Audit services help organizations identify key business risks and mitigate them through a pragmatic and structured approach. Committed to integrity and accountability, our internal audit provides objective assurance and actionable insights to senior management. Our internal audit team consists of Chartered Accountants, MBAs, process/IT system experts who have years of experience working across different sectors and have set up the internal audit function for clients.

Our service allows our clients to realize the following benefits:

  • Strong procedures, processes, and control design.
  • Improved business performance and operational efficiency.
  • A robust control environment.
  • Reliability and integrity of financial and operational information.
  • Identification of opportunities for cost savings and revenue growth.

Services

Outsourcing and co-sourcing

We provide Internal Audit outsourcing and co-sourcing services designed to help businesses streamline operations, reduce costs, and enhance efficiency. Through outsourcing, we take full responsibility for audits of specific processes or functions, allowing the organisation to focus on core activities. With co-sourcing, we collaborate closely with in-house Internal Audit team, offering specialized expertise and shared accountability to seamlessly integrate our support with organisation’s Internal Audit approach. For end-to-end management or a strategic partnership to bolster the internal capabilities, our flexible and scalable approach ensure the business remains agile and competitive in an ever-evolving market.

Concurrent audit services

We offer concurrent audit services to help businesses ensure real-time accuracy, compliance, and risk management in their financial and operational processes. We conduct systematic and ongoing reviews of transactions and activities, identifying discrepancies and potential issues promptly. By providing timely insights and recommendations, we enable organizations to strengthen internal controls, enhance transparency, and maintain regulatory compliance. With our expertise, company can improve operational efficiency, safeguard its assets, improve decision-making and ensure a culture of accountability and efficiency in organisation operations.

Loan staff and secondment services

We provide loan staff and secondment services, offering businesses the flexibility to address temporary resource needs and specialized skill requirements. Whether company require short-term support for critical audits / projects, expertise in specific domains, or to fill resource gaps during transitions, our experienced professionals seamlessly integrate into the organizational requirement. Our services are designed to ensure minimal disruption, allowing company to maintain operational continuity and meet deadlines effectively. With a focus on quality and adaptability, we provide experienced professionals that align with organizational objectives, enabling the company to achieve its goals efficiently while managing resource challenges.

Setting up of Internal Audit function

We specialize in setting up internal audit functions tailored to meet the unique organizational needs. Our services include designing a robust audit framework, establishing policies and procedures, and implementing best practices to ensure effective risk management, compliance, and governance. We work closely with the leadership to identify key operational and financial areas, develop comprehensive audit plans, and provide training to build a competent audit team. By creating a well-structured internal audit function, we empower organization to proactively address risks, enhance internal controls, and foster a culture of continuous improvement and accountability.