Audit Consulting

AUDIT CONSULTING

A good audit is paramount in evaluating the effectiveness of a company. Maintaining a strong system of internal controls is important to prevent frauds & swindling of assets of the organisation. NeuralTechsSoft provides audit consulting services to both internal and external audit teams by providing highly specialized inputs for various types of auditing. We use a systematic methodology with a four-pronged approach for analyzing business processes, procedures and activities with the goal of highlighting organizational problems and recommending solutions. Our audit consulting team includes treasury experts who can identify the hot spots and recommend corresponding solutions to help achieve the objectives. With its rich academic and professional background, our team is best placed to advise to the Bank’s internal audit team, top management and the Board of Directors (or similar oversight body).

We provide audit consulting services for:

  • Treasury Audit
  • Risk Audit
  • System Audit
  • Internal Audit

1. Internal Audit

Internal audit plays a crucial role in assisting the organization achieve and maintain the right risk-return balance through internal control environment assessments, process improvements, enterprise risk management programs and regulatory compliance.

We assist the internal audit team with technical expertise and years of experience that ensures optimal output.

2. Treasury Audit 

We use a systematic methodology with a four-pronged approach for analyzing business processes, procedures and activities with the goal of highlighting organizational problems and recommending solutions. Our team includes treasury experts who can identify the hot spots and recommend corresponding solutions to help achieve the objectives. With its rich academic and professional background, our team is best placed to advise to the Bank’s internal audit team, top management and the Board of Directors (or similar oversight body).

Our approach includes:

  • Preparatory phase
  • Field work
  • Identifying hot spots
  • Reporting preparation and submission phase

3. Risk Audit

We perform Risk Management Audit within banks, financial institutions, corporate firms and insurance companies. We offer our services to provide expert evaluation on the following:

  • Risk Management Process
  • Risk Management Policy
  • Risk Management Measurement
  • Risk Management System
  • Risk Management Reporting

4. System Audit

Technology plays a major role in facilitating all functions of any business in today’s era, not just exclusively in transaction related areas but also in Corporate Governance and Risk Management.

NeuralTechSoft assesses the clients’ critical systems, technology architecture and processes to ensure  that information assets are protected, reliable, available and compliant with policies and procedures. We identify field values and issues for potential corrections. We then conduct a review session based on the findings of the analysis. Recommendations are made to help the client improve their respective set-up and overall performance of the system so they can access the full potential of their investments.