Typical Business Intelligent Proposal

Proposal for conducting a remote data review

Objective:

To determine, whether any kind of risks or leakages such as those envisaged below are materially likely :

• Double payments or payments for duplicate invoices

• Forgotton or understated receivables, double credit notes, etc

• Ficitious, inflated, or duplicated payables

• Irregularities in Cash and bank transactions detrimental to the company

• Any other control deficiency which could result in a financial damage

The intention would be to provide recommendations:

1. Immediate action for plugging of the leakage
2. Long term preventive measures to minimise such leakages from happening again.

The assignment would ideally be divided into two phases:

Phase I: Preliminary assessment

The Preliminary evaluation will be to :

1 To ascertain whether any material risks or leakages appear to exist

2. If so, which are the areas affected, and the recommended course of action for doing further investigation

Phase II: Detailed Investigation

The detailed investigation will logically follow up the areas identified for further study in Phase I

This will involve:

1. Special examination of the relevant records, documents and books of account
2. Interviews and inquiries from concerned managers/staff
3. Evaluation and quantification of the damage , to the extent possible
4. Further recommendations for systems changes if needed

If also needed there would be a Phase III if some one is found playing foul and evidence needs to be collected.

For any assistance kindly contact support@chetandalal.com