A business risk assessment was done for the Oils and Fatts division of the company and a model internal audit manual along with a long-term plan was developed. The assignment also entailed training the internal audit department and reengineering it to make world class

Trained the internal audit department on Risk Based Internal Audit systems in line with guidelines given by Reserve Bank of India. A complete framework of practical implementation of RBIA was transferred as part of the training programme

Provided consultancy for development of policy for Risk Based Internal Audit System in line with the guidelines released by Reserve Bank of India. The policy helps the internal audit management to define the methodology of implementing RBIA.

Evaluation of controls to comply with Section 404 of Sarbanes Oxley Act (USA) of various business processes and also analyzed its risk management system. The final management report enabled the organization to improve the controls.

Computer Assisted Audit Tools were implemented in the Internal Audit Department of the organization that enabled the company to link to the database of the ERP to do in depth data analysis and investigation.