Eminence Softech Pvt Ltd

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Internal Audits and Controls

In today’s complex business environment, it is very important to keep innovating, consistently provide products and services that meet customer and applicable statutory and regulatory requirements. Also, engagement and safety of people are utmost requirements. Our services focus on all quality management principles – customer focus, leadership, engagement of people, process approach, improvement, evidence-based thinking, and relationship management.

Quality Management System ISO 9001

Adopting a Quality Management System instils a customer-centric ethos to build brand trust and integrity, employee capability and process efficiency, equips your organization to succeed in a competitive market. Internal quality audits are conducted to ensure ongoing compliance with requirements of the QMS standards, and the Division’s policies and procedures. This is accomplished by auditing against all important processes and areas, and by applying all applicable sections of the standard.

ISO 9001 aligns an organization’s performance and strategic direction through a holistic, process-based approach to global best practice. ISO 9001 defines a quality management system, drawing on the Plan-Do-Act-Check model (PDCA) and risk-based thinking to create a framework for organizational improvement.

It covers scope, context to the organization, Leadership, Planning, Support, Operations, Performance Evaluation and Continuous Improvement.

Benefits:

  • Meet Compliance Requirements
  • Keep Customers Front of Mind
  • Drive Business Performance
  • Deliver High-Quality Experiences
  • Remove Non-Conformities
  • Opportunity for Improvements

Deliverables:

  • Stage1 Audit
  • Gap Analysis
  • Report with Actions Plans to remove Gaps
  • Readiness for Third Party Certification
  • Third Party Certification

Occupation Health & Safety Management System ISO 45001

ISO 45001 provides a robust framework for managing OHS risks and opportunities, provide a safe and healthy workplace and protect your most important asset, your people, from physical and mental health. Adopting and implementing an effective OHS management system (OHSMS) addresses legal, ethical, and industrial relations concerns regarding worker safety and employers’ duty of care.

ISO 45001 specifies requirements for an occupational health and safety (OH&S) management system, and gives guidance for its use, to enable organizations to provide safe and healthy workplaces by preventing work-related injury and ill health, as well as by proactively improving its OH&S performance.

It covers scope, context to the organization, Leadership, Planning, Support, Operations, Performance Evaluation and Continuous Improvement.

Benefits:

  • Meet Compliance Requirements
  • Demonstrate Your Commitment to OHS Improvement
  • Drive Business Performance
  • Reduce Operational Downtime
  • Engagement of People
  • Improve Safety, health and welfare of people engaged in work
  • Avoidance of Lawsuits against organizations

Deliverables:

  • Stage1 Audit
  • Gap Analysis
  • Report with Actions Plans to remove Gaps
  • Readiness for Third Party Certification
  • Third Party Certification
  • Implementation of Virtual OHS Software

Internal and Forensic Audit

We assist companies in providing a complete picture of how the organization operates and where it needs to improve policies, procedures, and practices.

Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization’s operations. Internal auditing might achieve this goal by providing insight and recommendations based on analyses and assessments of data and business processes.

The scope of internal auditing within an organization may be broad and may involve topics such as an organization’s governance, risk management and management controls over : efficiency / effectiveness of operations (including safeguarding of assets), the reliability of financial and management reporting.

Why Internal Audits are required:

  • Ethical or accuracy lapses have occurred and/or accountability is lacking.
  • Specialized expertise is required to accomplish projects beyond regular operations.
  • Risks in operations, compliance and reporting are unrecognized or are increasing due to significant changes in the industry, technology, laws, and regulations.
  • Existing policies and procedures are not being followed.
  • Information technology data breaches have occurred or there is significant concern that such risk exists.
  • Compliance with laws and regulations is a significant burden

Forensic Audits /examination is designed to focus on reconstructing past financial transactions for a specific purpose, such as concerns of fraud. Forensic auditing is an examination of financial records to find any illegal financial activity.

We assist companies to investigate the matter with the intention of finding evidence that will appear in a court of law for some type of litigation or mediation. Also, provide comprehensive reports by identifying process issues and restructuring them to avoid frauds in future.

Why forensic audit or examination is required:

  • Suspicions of fraud or theft arise.
  • Accounts that were thought to be in entity’s name are not really owned by your entity.
  • Reconciliation procedures don’t reconcile at all.
  • Vendors that should have been paid have not been paid, and/or customers that should have paid have not.
  • Theft of personally identifiable information has occurred, or business systems have been hacked.
  • Labour and materials have resulted in poor quality products that are not selling.
  • A whistle-blower hotline identified issues such as assets stolen or other defalcations.

Benefits:

  • Management is more efficient about what to explore
  • Internal audits save companies money
  • Enhances control environment
  • Make companies more efficient
  • Give management a head starts to make corrections
  • Certain departments need enhanced oversight like IT and Finance.