What are the types of internal audits?

Internal audits can include operational audits, compliance audits, financial audits, forensic audits, IT audits, and environmental audits.

What are the key standards in internal audits?

The key standards include independence, objectivity, proficiency, quality assurance, and communication.

What is the risk-based approach in internal audits?

The risk-based approach prioritizes auditing high-risk areas within an organization to focus resources where they are needed most.

What are the 5 C's of internal audit?

The 5 C's are Control, Compliance, Cost, Consistency, and Communication, which are critical for a successful audit process.

How does an internal audit help in risk management?

Internal audits help identify and mitigate risks by ensuring that internal controls are effective and that the company complies with laws and regulations.

Felix Advisory Welcomes Three New Partners

Felix Advisory expands its advisory team with three new partners

Published on June 16, 2020, Mumbai

Felix Advisory, a leading management consulting organization, is pleased to announce its expansion with the addition of three new partners.

“We are delighted to welcome Rahul Khandelwal, Sharat Chandra and Vivek Kumar. We are resolved to provide tailor-made solutions to the specific needs of our clients. The inclusion of new partners will further augment our team and expand our scope of our services”, says Team Felix Advisory.

Rahul Khandelwal

Partner – Venture Investment, Startup Advisory and M&A

Rahul is a qualified Charted Account and holds more than 15 years of experience. He was earlier an Associate Director at Client Associates and headed Venture Investments for Family Offices & HNI’s. He has been instrumental in creating many partnerships with offshore Investors, VC Funds & IB offices from China, Japan, South Korea and has been advising on their India entry strategy & investments. He was also a part of Venture Capital Fund “Lumis Partners”. He is also an active angel investor and some of his key expertise include due diligence, valuation, financial modeling and budgeting, fund raise, business development and portfolio management.

Sharat Chandra

Partner – Technology Advisory & Implementation

Sharat Chandra is an emerging tech evangelist, keynote speaker, mentor and advisor to multiple startups in blockchain, fintech, and automation domain. He is on the Board of Executive Council for Global Impact Fintech Foundation (GIFT) and leading initiatives at Data Security Council of India (Bangalore Chapter), a not-for-profit, industry body on data protection in India, set up by NASSCOM®. He also leads the India Chapter of Government Blockchain Association (GBA). He is associated with various policy think tanks and advocacy bodies viz Data Security Council of India, Fintech Connector and Hyderabad Fintech Forum. He has also served as an advisor in companies like Atlantico Network, Freldo and ABBC Foundation.

Vivek Kumar

Partner – Compliance & IBC

Vivek Kumar is a fellow member (FCS) of Institute of Company Secretaries of India (ICSI) and is also a registered Insolvency Professional (IP) under IBC 2016 with Insolvency and Bankruptcy Board of India (IBBI). He holds more than 20 years in Company Law, SEBI, Securities Laws, FEMA, Legal Due Diligence, Debt Syndication & Transaction Documents, Joint Ventures, Mergers and Acquisitions, Listings and Capital Market Transactions, Corporate structuring, and regulatory compliances. He has previously worked with corporates like Hindustan Power Group, IREO Private Limited, Abhijeet Group, Spentex Industries Limited, Jain Studios Limited and Shonkh Technologies Int’l Limited. His area of practice includes insolvency and bankruptcy (IBC), corporate laws, SEBI Matters, RBI/FEMA Matters, Merger-Demerger of companies and Legal Due Diligence.

About Felix Advisory: Founded in 2013, Felix Advisory is one of the leading providers of tax & regulatory services, transaction advisory, risk, financial & business advisory, internal audit, and corporate governance services in India. They are preferred and trusted advisory partners for vast number of clients spread over 50 industry verticals, from Indian conglomerates & high growth start-ups to the global MNCs. They have more than 150experienced, energetic professionally focused team members comprising of certified public accountants, chartered accountants along with senior Advocates, Company Secretary, Attorneys, who are dedicated to provide efficient services in a consistent manner. All partners of Felix Advisory are from rich consulting or industry background majority being from big 4 consulting firms in India.

To know more visit: https://felixadvisory.com

Media Contact: pr@felixadvisory.com