Business partner to achieve objective through control assessment
Effective Audits. Confident Decisions.

Our Approach

Internal Audit in KCM works on cross-functional system-based approach and focus to improve the systems and controls in an effective manner rather than merely as a fault-finding exercise. Our core-competencies, increase the sharpness when we verify the effectiveness of controls from macro as well as micro level and evaluate the evidence to provide precise assessment that is useful from the Board rooms to the lowest levels in the organisation’s hierarchy. Depending upon the company’s size, sector, geography or maturity, our Internal Audit services are flexible and scalable that helps our client to achieve their desired future state while balancing cost-effectiveness, better risk coverage and increased value. Continuous investment is made in developing in-depth industry knowledge of our team.

Our Risk Based Internal Audit approach is tailored to suit client requirements starting with understanding of management expectations, identifying audit universe and prepare the audit plan. Post this audit is executed via audit program with finally reporting being done to the Senior Management/ Audit Committee. A strong feedback loop is created to ensure that the client is part of the process of improvement and this become a virtuous circle.

Our Strength

We have a well-knit team of Chartered Accountants, CS, Engineers & Lawyers with requisite experience in various sectors of Internal Audit like internal audit, process audit, data analytics, ERP review and IFC audits. We create value by understanding client’s requirement and delivering output fulfilling the requirements. Internal Audit team is well versed with tech-tools and have experience of performing Audit under all major ERP environments. Our internal audits are carried out with use of technology like data analytics and audit software to make the audit more effective and efficient. In addition, we are quickly able to leverage on firm wide expertise with regards to Indirect and Direct Taxes for use of Subject Matter Experts.

Quality people, Quality analytical tools, team trained on all ERP, supervisory overview on 100% audits

Pic 29 shutterstock 1874749972 scaled Internal Audit

We understand clients’ business as Management and review the Internal Audit processes as Auditor, to provide the best value to the client. Our service offerings include Control testing as well as Control enhancement, categorized into the following:

  • Risk based Internal Audits
  • Process review and re – engineering
  • SOX compliance review
  • Pre-Audit/Transaction Verification
  • Perpetual/Periodic Inventory verification,
  • Fixed Assets Management
  • IT system Risk Management
  • Internal Financial Control (IFC) framework and testing
  • Compliance review

Our Internal Audit experience is spread across industry & sectors such as:

  • Chemical industry with products such as speciality chemicals, intermediates, fragrance, and aroma chemicals
  • Automobile parts and engineering products for automobiles
  • Power transmission and distribution
  • Pharmaceuticals
  • Banking and Financial services
  • Hospitals and NGOs
  • IT & ITES
  • Construction & real estate
  • Engineering industry manufacturing material handling systems, gears, textile machines, etc.

Effective Audits. Confident Decisions.

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