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.

Forensic Service | Forensic Advisory

About Forensic

At Felix Advisory, we remodel information into insights and assist in decisions based on proper information.

Our services encompass steering through crisis and strategizing the prevention and mitigation of the disruption arising from these complex matters.

Our team of forensic professionals provides expert guidance and services to customers across industries and regions by using deep industry knowledge, expertise, and worldwide best practices.

Investigation

Our team promptly responds to instances of fraud and corruption with full confidentiality and assists in strategizing to prevent future occurrences. We are prepared to deliver a fully integrated suite of forensic accounting, data analytics, and investigation services, backed by the credibility and resources of our organization.

Corporate Frauds

Regulatory Enforcements

Financial Reporting Frauds

Ethics and Compliance

We tailor solutions to prevent, detect, and remediate fraud, unethical activities, and non-compliance, allowing our clients to solve high-stakes challenges like fraud and corruption, accounting errors, and other compliance difficulties.

Anti-Fraud Advisory

Business Ethics Advisory

Whistle-Blower Hotline

Anti-Bribery & Corruption Advisory

Dispute Advisory & Litigation Support

We offer forensic services to help clients and lawyers with a variety of challenges and conflicts. Our multidisciplinary teams provide insight, value, and support throughout the litigation process.

Forensic Accounting Services
Quantification of Losses, Damages, and Claims
Expert Witness Testimony and Arbitration Assistance
Refutation and Defense of claims

Forensic Technology Solutions

Our professionals are experienced in locating evidence for investigation and dispute resolution in timebound and globally acceptable methodology. We employ cutting-edge forensic imaging and review tools such as EnCase, NUIX, Intella, etc. to improve digital forensic capabilities.

E-Discovery Services

Forensic Data Analytics

Lender Support Services

Our team has extensive experience in dealing with complexities faced by financial institutions and lenders and brings expertise along with detailed business process understanding to the table. We offer forensic services to determine the end-use of funds, assist in money trail, and identify non-compliances.

Forensic Audit

End-use of funds

Asset Tracing

Transaction Audit

Post-sanction continuous monitoring

Section 29A Due Diligence

Investigative Due Diligence

We perform comprehensive due diligence on individuals and organizations to make customers vigilant of possible fraud and corruption concerns, disclosure issues, and red flags. We investigate the background and integrity of potential targets, vendors, partners, or other third parties.

Public Domain Checks

Market Intelligence

Mystery Shopping

Reach out to us in case of any Forensic requirements

Forensic

OUR EXPERTS

Abhishek Gupta

Partner
Forensic Advisory Services

Forensic Advisory

Bringing the right support at the right time.