A strong internal control environment is a lifeline to ensure businesses remain thriving & sustainable. Internal control review assumes greater importance in the current economic scenario. Assessment, Review, Monitoring and Retuning of internal controls across various functions is a continuous task that needs to be performed by independent experts to ensure whether the implemented internal control & systems are relevant, implemented, effective and active as intended by the Board of Directors.
VIES performs the assessments of internal control on behalf of the Board / Management, identify deficiencies or improvement points, and continuously update them on the status of corrective actions. VIES approach is based on established framework / guidelines of COSO, ICoFR, Companies Act, COBIT and so forth.