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 launches Mumbai office at BKC for servicing clients closer to Mumbai

Felix plans to hire talent across multiple advisory practices for clients based out of Mumbai

Published on March 6, 2018, Mumbai

Felix Advisory, a leading global management consulting firm, rapidly growing in financial, tax, transaction, legal and process advisory is pleased to announce the expansion of its team, and the opening of a new office in BKC, Mumbai, to get closer to customers and support its growth in the market.

“In coming years our target will be on adding more talent and strengthening our services lines. We will be focusing on working with our clients as their business partner, to provide all financial advisory services at a single place”, said Amit Jindal, Partner, Felix Advisory.

The Mumbai regional office will be operating under the leadership of SwetabhPareek, Partner, Felix Advisory. He comes from a rich background in consulting and has earlier worked for reputed consulting firms like Ernst and Young, Kotak Mahindra and CS. He is working towards setting up a sizeable team.

Swetabh Pareek, Partner, Felix Advisory says, “Felix Advisory has achieved significant growth in last five years by expanding its reach geographically and adding partners from rich and diverse experiences. Launch of fifth office in 5 years is a testimony of our team’s hard work and attention to client service. Mumbai, being the financial capital of India, is a very important region for our growth in future. We look forward to expanding our network and keep adding value to our clients.”

Felix Advisory already has offices in India at Gurgaon and Jaipur, and international offices inNetherlands and Dubai. Mumbai, being the financial capital and home to multiple corporate clients provides a great opportunity for Felix to introduce its advisory practices. Also, the talent pool available in the city helps Felix expand its vision to become a leading management consulting firm across all major geographies by 2020. Felix believes in providing equalgrowth opportunity and continuous knowledge upgrade as part of its organization culture.

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