Supporting Businesses in Achieving Compliance Standards.
"Compliance is essential for business operations. At Thombre and Association, we assist in ensuring adherence to regulatory requirements, supporting businesses in maintaining financial transparency."
Why Management Audits are Crucial in India
With India’s dynamic regulatory landscape and growing competition, businesses must:
- Stay agile and adaptable to market shifts.
- Align management practices with global benchmarks.
- Foster a culture of accountability and continuous improvement.
Key Questions to Assess Your Readiness
- Is there a regular compliance reporting mechanism in place to detect and rectify non-compliances?
- Are you maintaining and consistently updating a record of all relevant laws applicable to your business?
- Have you established clear processes for identifying and monitoring significant financial controls?
- How do you ensure the ongoing operational effectiveness of these financial controls?
- Do you have a strong system in place for identifying related party transactions?
- Are necessary approvals obtained for related party transactions to ensure full compliance with regulations?
- Does your board structure align with the expectations set by the latest governance framework?
- Have you formulated a well-defined Corporate Social Responsibility (CSR) strategy?
- Are your secretarial procedures and practices fully aligned with the provisions of the Companies Act, 2013, and its associated rules?
Assist your business in adopting appropriate practices for operational efficiency.
We assist businesses in meeting governance, compliance, and risk management requirements by providing guidance on appropriate practices to support operational efficiency and regulatory adherence.
