Audit & Assurance

Statutory Audits

We at D H Vadivalla & Co carry out Statutory audits ensure the company has the ability to survive in a competitive business environment, and continue to prosper. we do this by:

• Monitoring, analyzing and assessing the risks and controls of the organization
• Reviewing the organization’s compliance with state and federal policies and laws
• Making reassurances and recommendations to the organization or company’s owners or governing boards.

Internal Management Audit

• Preparation of audit schedule based on scope of work, finalized by management.
• Detailed analytical review of each process.
• Discussion of the gaps at various user levels before presenting to the management.
• Quarterly discussion with management of important observations.
• Regular follow-up conducted with the user to ensure implementation of accepted suggestions.
• Review of compliance with various regulations from time to time, as applicable to the entity
• Review of the Risk Governance Matrix of each process.

Systems Audit

• Review of the software used in the organization in relation to the process.
• Study of data flow from start to end.
• Review of system security features.
• Review of the risks and controls within and outside the system.