Management & Internal Audit

At Thombre & Associates, we assist businesses in navigating regulatory requirements and compliance obligations. Our Management & Internal Audit services focus on reviewing processes and providing structured insights to support adherence to professional and regulatory standards.

Types of Internal Audits We Offer

1. Operational Audit

Designed to evaluate the efficiency and effectiveness of business operations, this audit emphasizes process optimization, cost savings, and enhancing overall productivity.

2. Financial Audit

A comprehensive examination of financial statements, transactions, and reporting practices to ensure accuracy, adherence to accounting standards, and the prevention of financial misstatements or fraud.

3. Compliance Audit

Ensures organizations comply with regulatory requirements, including Income Tax, GST, Company Law, and industry-specific regulations. This audit verifies adherence to legal obligations, minimizing risks and preventing potential penalties.

4. Risk-Based Internal Audit

A targeted approach to identifying and addressing critical business risks, including financial, operational, regulatory, cybersecurity, and reputational risks. This audit strengthens risk awareness and supports the development of effective internal controls.

5. Information System Audit

A specialized audit to evaluate IT security, data integrity, and overall cyber resilience. It ensures that business-critical data and IT systems are protected against potential vulnerabilities and cyber threats.

6. Fraud Detection & Forensic Audit

An investigative audit designed to identify and prevent fraud, financial misappropriation, and unethical business practices within the organization.

7. Internal Control Review

A comprehensive evaluation of internal controls to detect weaknesses and recommend enhancements that improve accountability and mitigate errors or fraudulent activities.

Our Approach to Internal Audit and Risk Management

At Thombre and Association, our audits go beyond regulatory compliance by assessing internal processes and risk management frameworks.

Our approach helps businesses strengthen internal controls and align with applicable standards.

1. Strengthening Internal Controls

We assist businesses in establishing a strong internal control framework that reduces risks, prevents fraud, and ensures efficient financial and operational management.

2. Enhancing Operational Efficiency

Through a analysis of existing processes, we identify inefficiencies, redundancies, and cost leakages, providing recommendations for streamlined workflows to boost productivity.

3. Ensuring Regulatory Compliance

Compliance with laws and regulations is essential for business sustainability. Our audits ensure timely adherence to tax laws, corporate governance standards, and industry-specific regulations.

4. Risk Management & Mitigation

Using a risk-based auditing approach, we identify potential business risks and offer proactive strategies to mitigate them, safeguarding your business from financial, operational, and reputational harm.

5. Data-Driven Decision-Making

Leveraging data analytics and industry benchmarks, our audits deliver valuable insights that empower management to make well-informed strategic decisions

6. Fraud Prevention & Financial Integrity

We perform fraud risk assessments and forensic audits to identify and prevent fraudulent activities, promoting financial transparency and ethical business practices.

Approach to Internal Controls and Risk Assessment

An effective internal audit function supports organizational governance and long-term sustainability, helping businesses strengthen processes and compliance.

Get Started Now

Amazing Services

Audit & Assurance

Guarantees financial stability and operational efficiency for your business.

Startup Consulting

Guiding entrepreneurs in developing a strategic roadmap for their new ventures.

Tax Advisory

Complete Tax Compliance Services to keep your business fully compliant.

Finance and Accounting Services

Customized solutions to enhance

and streamline your business

operations.

Compliance Management Services

Transform Your Governance and Risk Management Framework.

Regulatory Services

Guiding Compliance, Inspiring Confidence.

Virtual CFO Services

Focus on What Matters – Let Us Handle Your Finances.

Additional Services

A diverse range of customized services for startups and established enterprises.