Advisory, Governance & Risk Services

This practice area offers a structured approach to internal audits, governance frameworks, and risk management reviews. Its primary objective is to help organizations evaluate the effectiveness of internal controls, identify emerging risks, and ensure alignment with regulatory requirements. Services include internal financial control reviews, compliance risk assessments, and sector-specific advisory. Each engagement is conducted with a focus on practical applicability, transparency, and governance enhancement. By combining technical expertise with industry insights, we assist organizations in strengthening resilience, accountability, and overall operational effectiveness.

Process-based Internal Audits

Process-based internal audits focus on reviewing business processes end-to-end rather than just compliance checklists. These are conducted by Singh Gulati and Associates.

IFC, ICFR, SOX Compliance Advisory & Testing

Internal Financial Controls (IFC), Internal Controls over Financial Reporting (ICFR), and Sarbanes-Oxley (SOX) compliance refer to

Standard Operating Procedure (SOP) & Risk Control Matrix (RCM) Development

Standard Operating Procedures (SOPs) and Risk Control Matrices (RCMs) serve as the foundation of effective organizational governance.

IT System & ITGC Reviews

Information Technology (IT) systems form the backbone of financial reporting, compliance, and operational processes. IT plays a critical role in ensuring accuracy, security, and efficiency across these functions.

Business Continuity & Disaster Recovery Review

Business Continuity Planning (BCP) and Disaster Recovery (DR) reviews evaluate an organization’s capacity to maintain operations – Singh Gulati and Associates.

Risk Heat Mapping & Remediation Planning

Risk heat mapping is a systematic method for identifying, evaluating, and ranking organizational risks by

Internal Financial Controls Implementation & Monitoring

Internal Financial Controls (IFC) implementation and oversight ensure that an organization’s financial reporting, compliance, and

Process Improvement/ Cost reduction studies

Process enhancement and cost optimization studies assist organizations in spotting inefficiencies, removing redundancies, and refining operations.

Automation of Selected Processes

Automation of chosen processes allows organizations to use technology to simplify repetitive, manual, and high-volume

CSR Policy Review, Compliance, Spend verification and Impact Assessment

Corporate Social Responsibility (CSR) responsibilities under the Companies Act, 2013 require qualifying companies to not

NGO’s due diligence & Donor Reporting

Due diligence of NGOs is crucial for donors, corporates, and funding institutions to ensure that

Project Audits & Monitoring and Evaluation

Project audits and monitoring & evaluation (M&E) are essential for ensuring that development initiatives and programs achieve their intended outcomes

FCRA Audit and Compliances

Foreign Contribution Regulation Act (FCRA) compliance is critical for NGOs and development organizations that receive support, Singh Gulati and Associates can assist in ensuring adherence.

NGOs Registration, Assessment and Governance Advisory

For NGOs, trusts, and societies, accurate registration, strong governance, and regulatory compliance form the cornerstone for

Workshops and Training

Workshops and training sessions for NGOs, donors, and development professionals are essential in enhancing organizational

Audit of Agreed Upon Procedures (AUPs)

An Audit of Agreed Upon Procedures (AUPs) is a versatile assurance service in which defined procedures

Audit and Assurance (Statutory, Internal Audits, Utilization Certificates and Agreed Upon Procedures)

Audit and assurance services for the development sector extend beyond compliance—they offer credibility, transparency, and

Review of regulatory requirements across business functions

Organizations today operate in an environment of rapidly evolving regulatory frameworks ranging from Companies Act, Singh Gulati and Associates

Assessment of internal processes vis-à-vis statutory obligations

Even when organizations understand regulatory requirements, internal processes often do not fully align

Identification of compliance gaps and risk exposures

Compliance gaps occur when internal policies, processes, or controls fail to fully address statutory and

Compliance Risk Heat Mapping & Control Design

Compliance risk heat mapping is a systematic tool that enables organizations to visualize and prioritize compliance

Advisory for remediation & control implementation

Once compliance gaps and risks are recognized, organizations require practical remediation strategies to resolve deficiencies.

Reporting framework for continuous compliance monitoring

A strong compliance reporting framework ensures that management, boards, and regulators maintain continuous visibility into

Assistance in regulatory inspections and audit readiness

Regulatory inspections and audits by authorities like RBI, SEBI, MCA, or other sectoral regulators demand

Support in Business Responsibility and Sustainability Reporting (BRSR)

Business Responsibility and Sustainability Reporting (BRSR), required by SEBI for top-listed entities, is

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