KANDEL S. & ASSOCIATES, audit is focused on the areas that have the highest risk elements. It helps in cost reduction, profit & wealth maximization – also provides suggestions for improvements in control, productivity and management information systems. KANDEL S. & ASSOCIATES, has been and continues to be such a partner to our clients - providing sound, expert financial advice and innovative business solutions to individuals and businesses. The firm/its partners have considerable amount of experience in auditing of Industries which includes industrial giants, medium and small scale business units besides financial institutions and other service organizations. The firm has pioneered the application of some of the most advanced techniques in auditing. We use a constructive approach in auditing. For example, as a result of acquiring intimate knowledge of the client’s financial and administrative problems we often recommend improvements for more efficient operation, stronger financial structure and improved accounting and administrative controls. Our philosophy is to blend both the technical and the business approaches in each audit engagement.

Primary functions of fund based services are:

• Financial Risk Analysis which covers that funds are not effectively and efficiently managed as per the donor agency budgeting and TOR guidelines
• Fiduciary Risk Analysis which covers that funds
  (i) Are not used for the intended purposes;
  (ii) Are not properly recorded and accounted for and
  (iii) Do not achieve the value-for-money objectives of the programs they finance.
• Propriety and Efficiency Audit
• Funding Agency Reporting would cover that report generated to funding agency meets its requirement.