{"id":738,"date":"2021-08-13T15:19:48","date_gmt":"2021-08-13T09:49:48","guid":{"rendered":"https:\/\/www.kediataxconsultants.com\/?page_id=738"},"modified":"2021-08-27T18:03:55","modified_gmt":"2021-08-27T12:33:55","slug":"company-formation","status":"publish","type":"page","link":"https:\/\/www.kediataxconsultants.com\/?page_id=738","title":{"rendered":"Risk Management and Internal Audit"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"738\" class=\"elementor elementor-738\" data-elementor-settings=\"[]\">\n\t\t\t\t\t\t<div class=\"elementor-inner\">\n\t\t\t\t\t\t\t<div class=\"elementor-section-wrap\">\n\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8f13bff elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"8f13bff\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-601ce5f\" data-id=\"601ce5f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-08c6bdc elementor-widget elementor-widget-heading\" data-id=\"08c6bdc\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">  SERVICES<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-24871bf elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"24871bf\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-66 elementor-top-column elementor-element elementor-element-126f03a\" data-id=\"126f03a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-10ebf44 elementor-widget elementor-widget-heading\" data-id=\"10ebf44\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">  RISK MANAGEMENT AND INTERNAL AUDIT<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e05b35c elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"e05b35c\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-63fdd12 elementor-widget elementor-widget-text-editor\" data-id=\"63fdd12\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t\t<p>Risk management helps organization to reach at required goal. Internal audit is a tool used by the management of the company to review and evaluate internal checks and internal control system in the company and check compliance with such internal control systems and guide management in initiating corrective action. Internal audit covers the following areas:<\/p><ul><li>Revenue Audit \u2013 Income Leakage Audit<\/li><li>Compliance Audit \u2013 Taxation and other regulatory<\/li><li>Payroll Audit<\/li><li>Reimbursement Audit<\/li><li>Procurement Audit<\/li><li>Systems Audit \u2013 EDP Audit<\/li><li>Stock Audit<\/li><\/ul>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-c201be8\" data-id=\"c201be8\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-275de10 elementor-widget elementor-widget-image\" data-id=\"275de10\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t<img width=\"500\" height=\"492\" src=\"https:\/\/www.kediataxconsultants.com\/wp-content\/uploads\/2021\/08\/internal-audit-and-risk-management-500x500-1.png\" class=\"attachment-full size-full\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.kediataxconsultants.com\/wp-content\/uploads\/2021\/08\/internal-audit-and-risk-management-500x500-1.png 500w, https:\/\/www.kediataxconsultants.com\/wp-content\/uploads\/2021\/08\/internal-audit-and-risk-management-500x500-1-300x295.png 300w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a78c03f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a78c03f\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a6e42a0\" data-id=\"a6e42a0\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e17b9ae elementor-widget elementor-widget-text-editor\" data-id=\"e17b9ae\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t\t<p>Internal or Management audits are carried out to audit internal control procedures adopted by an organization in carrying out its transactions. It helps to improve effectiveness of risk management, control and governance. The scope of internal audit generally includes the following<\/p><ul><li>Efficacy of operations<\/li><li>Cost Control<\/li><li>Compliance with statues<\/li><li>Prevention of Fraud<\/li><li>Safe Guards of assets<\/li><li>Effectiveness of system of internal control<\/li><li>Financial reporting procedures<\/li><li>Ensuring the reliability of financial statements.<\/li><\/ul>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>SERVICES RISK MANAGEMENT AND INTERNAL AUDIT Risk management helps organization to reach at required goal. Internal audit is a tool used by the management of the company to review and evaluate internal checks and internal control system in the company and check compliance with such internal control systems and guide management in initiating corrective action. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_canvas","meta":[],"_links":{"self":[{"href":"https:\/\/www.kediataxconsultants.com\/index.php?rest_route=\/wp\/v2\/pages\/738"}],"collection":[{"href":"https:\/\/www.kediataxconsultants.com\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.kediataxconsultants.com\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.kediataxconsultants.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kediataxconsultants.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=738"}],"version-history":[{"count":23,"href":"https:\/\/www.kediataxconsultants.com\/index.php?rest_route=\/wp\/v2\/pages\/738\/revisions"}],"predecessor-version":[{"id":1725,"href":"https:\/\/www.kediataxconsultants.com\/index.php?rest_route=\/wp\/v2\/pages\/738\/revisions\/1725"}],"wp:attachment":[{"href":"https:\/\/www.kediataxconsultants.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=738"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}