Independent review of management practices and Compliances
Management audits, compliance certifications, and fraud detection form an important part of organizational oversight. These services go beyond financial audits by examining operational efficiency, adherence to laws, and the integrity of transactions. Pratik Janrao & Associates provides structured reviews to help organizations strengthen governance, mitigate risks, and maintain compliance standards.
Scope of Services
Management Audit
Evaluation of organizational structure, decision-making, and resource utilization.
Review of policies, internal controls, and efficiency of business operations.
Legal Compliance Certification
Verification of compliance with statutory requirements under applicable laws.
Certification of compliance reports for submission to regulators or stakeholders.
Fraud Detection
Investigation of irregularities in financial or operational processes.
Examination of transaction trails, documentation, and control lapses.
Identification of potential risks and recommendation of preventive measures.
Objectives
To assess management effectiveness and highlight areas for improvement.
To verify adherence to legal and statutory requirements.
To identify, detect, and prevent fraudulent or irregular activities.
To provide assurance to stakeholders on governance and risk management practices.
Our Approach
The process begins with an understanding of organizational objectives, followed by detailed testing of systems, policies, and records. Analytical review techniques, transaction testing, and control evaluations are used to identify lapses or risks. At Pratik Janrao & Associates, emphasis is placed on objectivity, independence, and clear reporting to aid management in corrective and preventive actions.
