The scope of the internal audit is rapidly changing from that of only financial audit to mitigating the risks associated with the organization as a whole. Risk based internal audit approach is widely used and YBSA has gradually shifted its focus on risk based internal auditing. Internal auditors today support the management of the company across all areas of the operation through value added services rather than only on financial transactions.

YBSA has a specialized team of experts who have vast experience and understanding of internal audit procedures. Internal Audit team of YBSA is led by CA. Bivek Chaudhary (senior partner of the firm).

YBSA internal audit products include the following:

• Implementing Internal Controls in SMEs
• Implementing control systems in SMEs in order to give inputs for MIS
• Assisting higher management with MIS interpretation and analysis
• Internal audit outsourcing
• Internal audit co-sourcing
• Corporate Governance Advisory
• Compliance review and reporting
• Investigation