Other Services
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Pre Audit
The initial phase of an audit, preceding the formal investigation of the correctness of an organization’s financial statements, is primarily used to determine the scope of the audit and the areas of concern. Offers a platform for:
- Collecting background information, documents, and records.
- Error correction and prevention of ‘audit-time surprises’.
- Providing a current financial snapshot of the company.
Tailored Audit
Tailored audit is ‘Customized Audit’ function designed to cater organization’s need. It takes the generic audit to a new level through the addition of client expectations, policies and processes.
The process involves preparing documentations covering pre-defined critical business requirements. Tailored-audits follow the standard auditing principles.
Concurrent Audit
Scrutinizing real-time financial transactions as they occur/in tandem with other transactions and verifying their legitimacy. Concurrent audits are mostly used for:
- Creating a precise ‘point-in-time’ financial image of an organization.
- Delivering an error-management tool.
SRDNA specializes in performing concurrent audits on behalf of banks and other financial organizations.
Inventory Management
Controlling inventories is a critical role for all firms, as mistakes in inventory data can lead to poor management choices.
Inventory Management seeks to ensure the correctness of inventory information by implementing obligatory checkpoints and controls. The procedure is assigning the right carrying value to the inventory so that it may be accurately reported in the company’s financial records.
