Preparation of Standard Operating Procedures (SOPs) and Flowcharts of Process Flows
Services provided include:
- Ascertaining the various purposes for which documentation of processes are required by the organization
- Having in depth meetings and walk throughs with the client management to understand the process flows in various areas of the business including the points of generation, captures storage and access of data therein
- Mapping the risks associated and the controls incorporated therein to mitigate the risks
- Reviewing the existing documentation relating to process flows if any maintained by the organization and suggesting improvements/ changes/ updations where necessary
- Drafting detailed or high-level SOPs and creating Flowcharts based on the client requirement and discussion of the same with client personnel
- Suggesting incorporation of Controls at appropriate points in the process flow to mitigate associated risks
- Periodic Review and updation of the SOPs and flowcharts as and when required by the client
Preparation of Internal Financial Control Framework and associated Risk Control Matrix
Services provided include:
- Understanding the significant business processes of the organization vide in-depth meetings with the client’s management
- Understanding the significant account balances/disclosures and flow of related transactions
- Identifying risks and associated controls in the significant business processes, appropriately classifying them and documenting the same
- Reviewing existing documentation available with the client and suggesting improvements/updations of the same
- Mapping the Entity Level, Process Level and IT General Controls (ITGC) to the identified risks in the organization and preparation of the Risk Control Matrix
- Testing Design, Implementation and Operating effectiveness of Controls
- Document the findings and discuss the same with client management with suggestions for improving the same
Preparation of CMA Data, Project Reports, Pitch Decks and Loan/Credit Syndication Facilities
We provide services relating to raising finance for organizations such as:
- Preparation of Credit Monitoring Arrangement (CMA) data in the requisite format and associated Project Reports highlighting the technical and financial feasibility of the organization based on inputs provided by the clients for different types of clients across diverse sectors.
- Creation of Pitch Decks and Executive Summaries showcasing the organization for presentation to potential Investors
- Arrangement of funds from different sources such as Banks, financial institutions etc
Designing Accounting System Flows
Many times, an organization needs help with designing both the structure as well as flow of the accounting entries applicable for the nature and type of business that they conduct.
We obtain the requisite details in our interactions and meetings with the management and concerned personnel and help design a customized system at any stage of the organization right from design at the inception stage to advanced stages where there may be need to make changes to the existing structure for various reasons such as increase in volume of operations, complex types of transactions becoming applicable etc.
