In today’s business environment, all the stakeholders including investors, regulators, financial institutions, tax authorities and senior management are concerned about the corporate governance to ensure the mitigation of risk by setting up effective and efficient internal controls throughout the business operations and processes.
Internal Audit by itself is set up as a control function to ensure that the required internal controls are in place and they are being adhered to well executing the operations at transactional level. The instances of corporate frauds and mismanagement which keeps surfacing in the corporate world, further remind the everlasting need to keep improving and strengthening the risk control mechanism and religious adherence thereto at all levels of management and operations in the entire organizational set up. The accountability of Internal Auditors, audit committee and the independent directors to all the stakeholders and regulators call for robust internal risk control system and ensure compliances meticulously.
VGNC is endowed with rich experience of different Industries and businesses and is professionally equipped to advise and assist in setting up risk control systems commensurate with the nature and size of the business of the client. The approach at VGNC is to have an in-depth study of the business of the client, its organizational structure, it sales and distribution network and division of work flow and other integrities and thereafter advise a customized internal control system in accordance with risk assessment at various operational and process level.
VGNC provides a robust internal audit service with data analytic tools in today’s IT enabled business and accounting environment on global basis though remote auditing and virtual discussion rooms across business locations across the globe.