With the changing regulatory requirements and increased inherent risk in various business processes, the role of internal audit has significantly gained importance. Although internal audit does not directly play role in providing various business solutions or maximizing profitability of the business, it play an important role in identifying critical processes, inherent risk involved, maximizing process efficiency and regulatory compliance.

Internal Audit helps the management in:

• Understanding and assessment of risks
• Identification of areas for system improvement
• Ensuring optimum resource utilization
• Ensuring compliance – internal and external
• Reviewing and ensuring adequacy of management
• Improving management information system

ProXcel is committed to deliver professional excellence and has very specialized team in the domain of internal audits. In relation to internal audits, ProXcel follows “Risk based and objects oriented approach” which requires more focus on the critical areas of business. The key focus areas of ProXcel Team are organization, people, working practices, communication and measurement and of course most important being client’s growth and shareholder’s wealth maximization.

Key attributes of our internal audit service are below: