Internal Audit

"Anceller is an Indian Electrical manufacturer ,Markets and contracting company based at Noida (U.P). "

  • Home
  • Internal Audit

Internal Audit

Anceller has set-up an independent Internal Audit Unit, reporting directly to the top management of the company. Internal Audit function is expected provide to the company an independent, objective assurance and consulting services using a disciplined systematic approach, guided by a philosophy of adding value to improve the operations of company.

The broad scope of Internal Audit includes:-
Review and evaluation of the adequacy and effectiveness of the internal control systems at various operations and activities and to determine if these controls need to be strengthened;
Review of the means of safeguarding resources/ assets and, examining that the resources are acquired economically, used efficiently and safeguarded adequately.
Identifying opportunities for cost savings and making recommendations improving cost efficiencies
Review of the application and effectiveness of risk management procedures and risk assessment methodologies at various operations and activities
Review of operations or programs to ascertain whether results are consistent with established objectives and goals and whether the operations or programs are being carried out as planned.
Review of the reliability and integrity of accounting records and financial reports and financial and operating information furnished to the management and to the outside agencies,
Review of the systems established to ensure compliance with statutory laws and regulations and with company policies, plans and procedures.

In order to ensure its independent and effective working, Internal Audit has been granted free and unrestricted access to the top management of the company and to any and all of company's records, physical properties, and personnel relevant to any function under review.