Comprehensive concurrent audit solutions for banks providing real-time monitoring, fraud prevention, and regulatory compliance. Our experienced banking auditors ensure adherence to RBI guidelines and strengthen internal controls.
Concurrent audit is a real-time, continuous examination of banking transactions and operations conducted simultaneously with the occurrence of transactions. Its designed to provide timely assurance on the effectiveness of internal controls and compliance with RBI guidelines.
Expert concurrent audit provides real-time assurance, prevents frauds, and ensures regulatory compliance in banking operations
Continuous monitoring of banking transactions and operations
Early detection and prevention of frauds and irregularities
Ensure adherence to RBI guidelines and banking regulations
Identify gaps and recommend improvements in banking operations
Strengthen banking operations and ensure regulatory compliance with expert concurrent audit
Early detection of fraudulent activities and misappropriation
Ensure adherence to RBI guidelines and circulars
Identify and mitigate operational and credit risks
Improve banking operations and internal controls
Ensure accuracy of financial records and reporting
Provide real-time assurance to bank management
As your concurrent auditor, I provide real-time monitoring of banking operations, early detection of irregularities, and assurance on compliance with RBI guidelines. My focus is on preventing frauds before they occur and strengthening internal controls.
Auditors Note: Concurrent audit is conducted on a daily/weekly/monthly basis depending on the volume and risk profile of transactions. It includes both sample checking and 100% verification of high-risk transactions as per RBI guidelines.
Get expert guidance on concurrent audit requirements for banks
Comprehensive banking audit solutions
Real-time verification of banking transactions and entries
Assessment of loan proposals and credit decisions
Review of investment and treasury management
Verification of customer due diligence processes
Key regulatory frameworks we audit against
Our systematic approach to concurrent audit
Risk Assessment
Identify high-risk areas and transactions
Transaction Verification
Real-time checking of banking transactions
Compliance Testing
Verification against RBI guidelines
Reporting & Follow-up
Timely reporting and corrective action tracking