Internal Audit

Internal Audit

Risk-based internal audits that deliver objective assurance and practical recommendations across controls, governance, and operations.

Home Services Internal Audit
IIA Standards Aligned
SOX Controls Expertise
Analytics Continuous Auditing
CAPA Tracking & Follow-Up

Independent Assurance that Improves the Business

Internal audit is your organisation’s independent assurance function — providing objective insight into the effectiveness of risk management, internal controls, and governance. Corporate Synergies delivers risk-based internal audits that go beyond tick-box compliance to deliver actionable recommendations that management can implement.

  • Independent and objective assurance to the Board and Audit Committee
  • Early detection of control weaknesses, fraud indicators, and process gaps
  • Practical, implementable recommendations — not just observations
  • Scalable model: co-source for specific expertise or fully outsource
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Internal Audit Services
Risk-Based Plan + execute

Services Include

Internal audit planning, execution, controls testing, analytics, and special reviews.

01

Risk-Based Audit Planning & Execution

02

Operational Audit
Procurement, production, sales, HR, IT

03

Financial Controls Testing
IFC assurance

04

Compliance Audit
Regulatory, contractual, policy

05

Follow-Up Audit & CAPA Tracking

06

Audit Committee Presentations
Management letter

07

Co-Sourced / Outsourced Models

08

Data Analytics-Driven Audit
Continuous auditing

09

Fraud Risk Assessment
Investigation support

10

Special Reviews
Management-requested audits

Who Can Benefit

Internal audit services for companies needing independent assurance and Audit Committee reporting.

Section 138 Companies

Companies required to appoint an internal auditor under the Companies Act.

Listed Companies

Audit Committee oversight and governance assurance requirements.

Co-Sourced Internal Audit

Companies supplementing in-house audit with specialist resources.

PE Portfolio Companies

Operational assurance and control maturity expectations.

Why Choose Corporate Synergies

Strong internal audit methodology with SOX expertise, analytics capabilities, and seamless coordination with statutory auditors and Audit Committees.

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01

CA Qualified Professionals

CA qualified internal audit professionals with expertise knowledge in SOX.

02

IIA Standards Methodology

Risk-based methodology aligned to IIA Standards.

03

Data Analytics Capabilities

Analytics for high-volume transaction testing and continuous auditing.

04

Seamless Coordination

Coordination with statutory auditors and Audit Committees for efficient closure.

Frequently Asked Questions

Quick answers to common questions about internal audit requirements and scope.

Yes, under Section 138 of the Companies Act, 2013, for prescribed classes of companies (listed companies, companies with turnover > INR 200 crore, borrowings > INR 100 crore, etc.).
Statutory audit provides an opinion on financial statements for external stakeholders. Internal audit provides assurance on the effectiveness of controls, risk management, and governance for the Board and management.
Typically quarterly, covering different areas in each cycle based on the annual risk-based audit plan.

Need Stronger Assurance for the Board?

Strengthen governance, reduce risk, and close control gaps with Corporate Synergies internal audit services.

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