Brahvex Assure · Internal Audit
Internal audit, from the universe to the Audit Committee.
Risk-based planning, fieldwork, observations and action tracking — for CA firms providing outsourced internal audit and in-house audit functions.
The problem it solves
Internal audit is judged on two things: did it look at the right risks, and did the issues it raised get fixed? Plans built in spreadsheets and observations tracked over email make both hard to prove. Brahvex Assure connects the risk assessment, the plan, the fieldwork and the follow-up, so the Audit Committee sees one consistent picture.
Key capabilities
Planning
- Audit universe of units, processes, products and outsourced activities.
- Risk assessment and a risk-based annual or multi-year audit plan.
- Audit programmes and checklists by process.
Execution
- Fieldwork with working papers, sampling and evidence on file.
- Observations in the 5-C format with risk rating and recommendations.
- Manager and head-of-audit review before anything is shared.
Follow-up and reporting
- Management responses, owners and target dates against each observation.
- Automatic reminders and escalation for overdue actions.
- Action-taken reports, repeat-observation tracking and Audit Committee packs.
Who it is for
- CA and consulting firms providing outsourced or co-sourced internal audit
- In-house internal audit functions at NBFCs, HFCs and corporates
- Groups operating across India, the UAE and Saudi Arabia
Outputs
- Internal audit reports in Word
- Action-taken reports and Audit Committee packs
- Observation and action trackers in Excel
Important: Brahvex Assure supports the internal audit function. Audit judgements and reports remain the responsibility of the internal auditor.