Gaurav Gupta & Associates provides internal audit services to help growing businesses address key challenges and ensure proper systems and controls are in place. They conduct various types of audits such as statutory, internal, tax, and special audits. Their audit process involves understanding current processes, identifying improvement opportunities, benchmarking, and ongoing monitoring to improve management confidence and bring cost efficiencies.

1. Gaurav Gupta & Associates Chartered Accountants Gaurav Gupta Contact Nos: + 91 98111 63422 Email: [email_address] Internal Audit Services

2. Key Challenges in a Growing Businesses Companies and management make significant investments in businesses. The businesses need to become competitive & build significant scale and profitability Management is faced with critical issues – from hiring and retaining key personnel to working capital management and many more Managements need to have confidence in their systems and management processes especially since businesses are complicated, fast paced and risky endeavours. Lack of systems and processes may expose the management to cost overruns, fraud, misconduct, waste and abuse. Why businesses may fail to deliver against expectations Poor budgeting Statutory compliances Inadequate business controls Lack of management bandwidth Incorrect business reporting Inadequate risk identification & mitigation Growth capital not available, when required Inadequate working capital management Business model – customer and market

3. Gaurav Gupta & Associates ensures enhanced controllership and savings in manpower requirements through audit support and special projects. We provide clients with professional advice and assurance on their controls and accounting systems We also assure compliance with regulations, company policies, procedures and standards by evaluating evidence, records, statements of fact, or other information relevant to the audit . The following are some of audit services conducted by GGA: Statutory audits Internal audits Concurrent audits Tax Audits under the Income Tax Act, 1961 Costing audits Statutory compliances audits ERP audits Special management audits Internal Audit and Review Services

4. Types of audits & reviews…sample Cost reduction AR audits Head count Commissions Investments AR audits Payments audit DST audits Branch audits Financial Services Inventory audits Expenses audits Costing audits Purchase audits Costing audits Sales audits Site audits Mystery audits Purchase audits Stores audits Efficiency audit Cash audits Head count audits Cash audits Expenses audits Expenses audits Ageing analysis Inventory audits Cost reduction Cost reduction Stores audits Imprest bills AR audits Ageing analysis Fixed assets Head count Branch audits Infrastructure Sector Service Industry Manufacturing Sector

5. How GGA can assist Health check Snapshot Ongoing Monitoring Proactive assessment of key processes Undertaken at a single point in time Management to get a better understanding of potential areas of concern Reactive approach when a specific problem has been encountered Detailed validation for identifying issues, their root cause and remediation's For specific areas of concern to business owners Regular assessment of key processes. Combines health checks with snapshots Ongoing assessment of compliance with established processes can help improve management confidence in project decisions, reporting and controls Assists key stakeholders by providing advice on issues as they arise, changing landscape of risks, accuracy of business reporting. Situation Approach Benefits

6. The GGA Service Delivery Model Phase 0 Phase I Phase II Phase III Understand current processes Who does what Why For whom How Is it necessary Review the processes Identify Improvement opportunities Key Performance Indicators Benchmarking Get buy in from key stake holders – create implementation committee Provide implementation support to the team Roll out the processes Monitor the performance to ensure compliances to systems Deep discovery Initial diagnostic Implementation Support Monitoring Internal process and drivers Financial Management Capital Statutory Compliances

7. Benefits of our services The management is more confident about their financial processes Brings improved business reporting Budget Plan and future estimates Actuals and latest estimates Variances - budget vs. actuals Higher benefit though better controls, less wasteful expenditure Improves management confidence in delegation decisions Brings cost efficiencies in increased business scale Attracts growth capital from investors etc Assists in managing risks associated with businesses Integrated approach to business risk and controls Improves management confidence in the business decisions Monitors statutory compliance through business life cycle Improves management confidence in business controls Strong controls = faster growth = higher ROCE = higher profit = higher valuation

8. About Gaurav Gupta & Associates (GGA) Backed by a large team of professionals – Big 4 background Experience of working with new enterprises, small and medium sized enterprises and large corporates A large pool of trained manpower Excellent skills in planning and execution of work We assists our clients to: Increase focus on Core Business - Management is free to focus more time, energy, and resources into building the company's core business. Greater Internal Flexibility - Through GGA, the company management will be able to focus on strategic issues and initiatives with more flexibility to assign staff and allocate resources to high-value projects. Gain Independence - As an independent resource, GGA offers a new perspective that allows for evaluation and possible reengineering of business practices and processes, thus improving performance and reducing costs. Reduction on employee dependence . – GGA can help a company reduce the dependence on management staff as employee turnover and human resources for data collection will become our responsibility. Achieve Cost Efficiencies – Help eliminate unnecessary operating costs while reducing and bringing other administrative costs under better control

9. Why GGA Independent and neutral The activity will get done – internal team pulled in different areas Expertise Experience Active implementation – not just gyan Process to ensure handholding during implementation and handover phases

10. Our Select Experience

11. Contact Information Gaurav Gupta Gaurav Gupta & Associates Chartered Accountants 418, The Galleria Towers DLF Phase IV, Gurgaon Haryana, India Contact Nos: + 91 98111 63422 Email: [email_address]