INTERNAL AUDIT & CONTROL
Internal Audit & Control Development Support
Support for internal audit and control building specialized in India, such as internal control, operation process, and governance enhancement.
Based on both the head office and on-site point of view, we provide effective audit responses in cooperation with other areas from prevention and improvement of fraudulent risks and control defects.
✓ One-stop support for accounting, tax and legal professionals
SERVICE OVERVIEW
Service
SGC’s “In. Audit” service supports Japanese companies entering India to evaluate their business processes, visualize risks, and improve continuous internal control.
- Internal Audit Support: Planning and execution of effective audits to local circumstances
- Assessment of internal controls and business processes: reducing dependence on individuals and identifying fraud risks.
- Risk visualization and pointing arrangement: Objectively organize current situations and issues for head office in Japan
- Co al Support for Improvement: Measures to Improve Practical Operations
CHALLENGES
Are there any such issues?
Typical troubles in operation of Indian corporations. SGC supports these real problems.
01
No head office governance
The internal control status of Indian corporations is not fully understood and controlled as Japan headquarters.
02
Merchandising and Black Boxing
Dependent on local staff, potential risks and mistakes are difficult to see.
03
Insufficient prevention system for fraudulent risks
We want to strengthen a check system to prevent violations of compliance and fraud.
04
No cross-sec risk assessment
We want to assess risks not only in accounting, but also in multiple perspectives including tax and legal matters.
05
Improve by auditing
It is not possible to make concrete business improvement or system construction even though it is pointed out from outside.
06
We want to provide support based on our practice
I would like to receive a workable support after understanding the local practice in India, not auditing the ideals.
SERVICE SCOPE
Specific support contents
We provide support that combines the necessary processes from planning to execution and continuous improvement according to your circumstances and requests.
Internal Audit
We support a series of work from planning to reporting of internal audits.
- Support to formulate and organize audit plans
- Support for internal audits
- Support to organize audit results and prepare reports
- Complementary to the report meeting for head office
Internal Control Evaluation
Visualize your existing business processes and assess your regulatory status.
- Check and visualize current business processes
- Evaluation of the effectiveness of internal control situations
- Support for identifying and visualizing potential risks
- Assessment of Duties
Support
Perform concrete improvement measures for extracted issues together.
- Organizing and mapping improvement opportunities.
- Precedence clarification for improvement execution
- Support for maintenance of business manuals and regulations
- Time zone of continuous review process
Support for cooperation with headquarters and other areas
We provide comprehensive support in cooperation with internal and external parties and other specialized areas.
- Cross-sec collaboration with accounting, tax, legal and compliance
- Communication bridge between Japan head office and India
- Support for discussions with external auditors.
WHY SGC
Why SGC is chosen by internal audit
01
Experience in India
Experienced professionals who have a deep understanding of India’s unique business environment, legal regulations and business practices provide effective audits that are not just ideals.
02
Support System
Support for communication beyond language and cultural barriers with both Japan headquarters and India bases. We support the construction of transparent governance that our head office can secure.
03
One-stop support system
Our internal audit team works seamlessly with in-house specialists in accounting, tax, legal, M&A, and other fields to identify potential risks from multiple perspectives and propose comprehensive solutions.
RELATED SERVICES
Related Services
FAQ
FAQ
Can Indian corporations consult internal audits even on small scale?
Yes. it’s a small-scale base, we offer flexible support to your scale and budget, such as building minimal controls that can make your head office governance effective, and simple review of key risks.
Is it possible to support single or continuous support?
Yes, you can.
Can you provide support for reports for Japan headquarters?
Yes, you can carry out mid-term and final reports in Japanese.
Is it possible to deal with tax and legal issues in the internal audit process?
Yes, we can propose solutions in cooperation with our in-house experts.
What kind of information can I send in my first consultation?
If you have the purpose of conducting internal audits, or if you have a field with the current problem, please tell us.
CONTACT
Please feel free to contact us.
We will guide you to the appropriate support method according to your situation from both local practice and head office management. Japanese specialists are available, so please feel free to contact us.