Identify the inefficiency in the processing of claims and policy administration and implement strategic solutions that provide personalised audit services.
Our team of auditors assures you of accurate audit reports and stringent detection of errors to ensure compliance and integrity.
We provide fine auditing services with customised solutions to sort the numbers and give useful insights.
We focus on strengthening the foundation of the business by implementing streamlined processes that complement efficient operations.
We detect fraud and risks even before they happen and assist in implementing stringent solutions to mitigate such risks.
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The duration of the audit depends on multiple factors, like the area being audited, the number of transactions included, the complexities of the business, etc.
Detection of fraud is one of the functions of the internal audit process, as internal audit wholly focuses on identifying the weaknesses and implementing strategies to solve them.
The departments for the audit are selected based on the risk assessments, and other factors like the efficiency of the departments, the complexities of the transactions, etc.
There are many types of audits that can be performed for a firm, some of which include the following: internal audits, external audits, performance audits, operational audits, financial audits, compliance audits, forensic audits, payroll audits, and many more.
The major steps for the audit process conducted by CDA include, evaluating the requirements, collecting data, formulating audit procedures, preparing audit reports, and following up.
Reach out to RAK's most reliable internal audit Services
