Business Risk Services (BRS)
Business Risk Services (BRS)
This mainly include, strategic, outsourcing, and industry-focused operational services, internal audit and risk management functions for most of the industries. These mainly include value added services like reconciliation for card transactions for commercial banks that is perceived to be a tedious task, book keeping on behalf of clients and also payroll processing of clients etc.
With the changing business landscape, business priorities are constantly changing. Organizations need to manage their overall risk exposure, and put processes in place so that they can quickly recover from such incidents as may occur from time to time. Joshi and Bhandary's risk management services deliver greater operational efficiencies with less volatility and can be a platform for genuine competitive advantage. Joshi and Bhandary's Internal Audit services help our clients accomplish their business objectives by bringing a systematic and disciplined approach to improvement of the effectiveness of risk management.
Internal Audit Services
The scope of the internal audit has lately undergone a rapid change from just being a financial audit. These days Internal Audit function includes processes to mitigate the business and other risks associated with the organization as a whole as such risk based internal audit approach has established itself as one of the most reliant control tool for businesses.
J&B specializes in Internal Audits, which are primarily conducted using modern auditing techniques, risk based approach and various audit tools to provide the client’s management with a clear, comprehensive and unbiased analysis of the functional efficiency of the organization and to suggest possible areas for improvements. We, at J&B, strongly believe in Internal Audits being a value addition exercise rather than a mere compliance exercise.
J&B firmly believes in providing value added services through highest levels of professional competency and integrity to its clients. Our Internal Audit services are designed to suit the individual client specific needs. It provides assistance to clients in managing their key business concerns, be it achieving strategic business goals, meeting operational challenges, complying with regulatory norms or managing reporting requirements.
In addition to periodic audit services, we also provide the following services on need basis.
• Advisory on business transactions including corporate governance
• Internal control systems review and reporting
• Compliance review and reporting
• Investigation
• Due Diligence Review
• Certification and agreed upon review engagements
• Surveys and inquiry