Third Party Assurance
Organisations engage with many third parties like dealer / distributors, job workers, outsourcing agencies to conduct various business activities. Organisations need to be continuously asses the risks involved with increasing reliance on such third parties and implement control measures to appropriately manage such risks.
At BDO in India, we assist clients in assessing the risks involved in third party relationships and create a customized framework to strengthen overall internal control framework. Our experienced professionals assist our clients’ needs in the following areas:
- Cash flow monitoring
- Distributor audits
- Vendor audits
- SOC attestation