Operational Audit

The goal of the operational audit process is to determine whether the internal controls of the business, such as policies and procedures, are sufficient to produce an optimum level of efficiency and effectiveness. This is critical for businesses, because a lack of efficiency and effectiveness typically translates to fewer sales or increased operational costs, which sometimes mean the inability of the business to compete and stay in business.

As a part of our operational audit services, we systematically evaluate the organizational activities, internal procedures, and processes. We also prepare the operational audits report. This type of internal audit services Singapore is undertaken to optimize the resources available at the disposal of the company. In addition, helping to streamline the business processes by minimizing waste and maximizing profits is also considered.

This requires promoting good management of natural resources and respect for the environment, and increasingly concern for the psychological wellbeing of all concerned in the food production and consumption system.

Internal audit for the entities

  • To appraise Management’s accomplishment of organizational objectives and action in moving towards its objectives.

  • To focus on efficiency and economy of operations of management. It also includes suggestions for improvement of accomplishment of objectives of organization.

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Statutory Audits

Generally, this involves the analysis of various financial records but can also be applied to other areas.

Income Tax Audits

An Assessee is liable to get his tax audit done by a chartered accountant mandatory

Operational Audits

Goal of the operational audit process is to determine whether the internal controls of the business,