Anti Bribery and Corruption

Implementing robust anti-bribery and corruption measures to safeguard your organization’s reputation and legal standing.

• Anti-Bribery Framework: Developing and implementing anti-bribery policies and procedures that comply with relevant laws and international standards.
• Training Programs: Providing training for employees and management on anti-bribery and corruption practices to ensure adherence to policies.
• Risk Assessment: Assessing the organization’s vulnerability to bribery and corruption and implementing measures to mitigate these risks.
• Audit Support: Assisting with internal and external audits to ensure compliance with anti-bribery regulations.

Insurance Adequacy Review

Insurance adequacy review is a one-time in-depth review of your key insurance policies to ascertain whether:

• Your risks (perils) are adequately covered
• All the risk locations (corporate office, plants, warehouses etc.) are covered
• Your sum insured is adequate (reinstated cost)
• Policy conditions are complied with.

The review is an essential step in aligning the organization’s risk management strategy with its operational realities, ensuring comprehensive protection.

Insurance Audit

• It is a comprehensive evaluation of an organization's insurance program, designed to assess the effectiveness and efficiency of insurance-related processes.
• Insurance audit covers the risk of ‘risk transfer’. Under insurance audit all the insurance sub-processes viz. broker selection, insurer selection, policy procurement, renewals, premium payment and claims management are covered for various risks and controls.

Budgeting and MIS Automation

Our services help you to improve financial management and decision-making by incorporating modern tools and approaches. Our automated reporting systems increase efficiency by providing reports regularly, whereas data integration and warehousing consolidate and organize information. Forecasting and budget planning enable exact financial modeling and cost control, resulting in accurate budget allocation and variation analysis.

On MIS Automation our dashboards and data visualization provide clear insights using KPIs and performance measures, allowing for effective oversight and strategic modifications. We focus on workflow automation optimizes operations by lowering manual work and increasing overall financial reporting accuracy.

SOC/Cyber /IT audits

We specialize in Control optimization and Automation, Agile and smart Process and control design and Implementation, Control compliance and reporting, Integrated control management design, Implementation and monitoring support., IT /IS /Cyber/ Privacy internal audits and ensuring adherence to industry standards, safeguarding your organization against potential threats and compliance issues.

Business Continuity Resilience Advisory

We focus on developing strategy and solution design through leverage of technology, Project management of resilience program, supporting execution of resilience programme, monitoring and audit to ensure an organization can maintain operations and recover quickly from disruptions.

ERP - Pre and Post Implementation Support

Our pre-implementation support involves needs assessment, system selection, and planning to ensure a smooth setup, while post-implementation support includes user training, troubleshooting, and system optimization to maximize the ERP system’s effectiveness and ensure long-term success.

IT Strategy - Transition to newer optimal solution

Our IT Strategy services facilitate a smooth transition to newer, optimal solutions by leveraging cutting-edge technologies, Artificial Intelligence (AI) / Machine Learning (ML), IOT, Blockchain, Cloud Computing and industry best practices. We specialize in guiding businesses through digital transformation, ensuring enhanced efficiency and competitive advantage with strategic IT upgrades and integration.

Process Re-designing & Automation

We redesign workflows to seamlessly integrate with human control points, combining human oversight with automation for a smooth and efficient operational flow. Our services include Process Discovery, Re-engineering & Re-design, Business Process Management, Workflow Automation, and Low-Code/No-Code Automation, all aimed at streamlining operations and managing repetitive tasks.

AML and KYC Review

Conducting Anti-Money Laundering (AML) and Know Your Customer (KYC) reviews to ensure compliance with regulatory standards.

• Policy Review: Evaluating existing AML and KYC policies to ensure they meet current regulatory requirements.
• Process Audit: Auditing the organization’s processes for customer verification, transaction monitoring, and reporting to ensure compliance with AML and KYC regulations.
• Mystery shopping: Implementing mystery shopping techniques to assess compliance with AML/KYC standards and gain insights into customer interactions.

Assets Tracing

Tracing and recovering assets lost to fraud or other financial crimes, ensuring that your organization’s resources are protected.

• Onshore & Offshore Assets: Tracing assets both within and outside of the country, including banking transactions, property, and other valuable resources.
• Forensic Techniques: Utilizing forensic techniques like lifestyle mapping, corporate filings, and criminal search to locate hidden assets.
• Fund Diversions: Investigating fund diversions and ensuring that diverted assets are recovered and returned to the rightful owner.
• Network Analysis: Mapping the network of relationships and transactions to trace assets through acquaintances, memberships, and other connections.

Digital Forensic

Leveraging advanced digital forensic techniques to uncover evidence of cybercrime and other digital misconduct.

• Forensic Analysis: Analysing digital devices and data to uncover evidence of cybercrimes such as hacking, data breaches, or unauthorized access.
• Evidence Preservation: Ensuring that digital evidence is collected, preserved, and documented in a manner that is admissible in legal proceedings.
• Open-Source Intelligence(OSINT): Conducting market intelligence using open sources like social media and reputational checks to gather information relevant to investigations.
• Direct Contact Investigations: Reaching out to current and former employees, vendors, and other stakeholders to gather insights into the business and potential issues.

Transaction Audit Under IBC 2016

Performing transaction audits under the Insolvency and Bankruptcy Code (IBC) to ensure compliance and transparency.

• Irregularities Identification: Identifying any transactions that may be considered fraudulent, preferential, or undervalued during insolvency proceedings.

Forensic Audit Under RBI Guidelines

Conducting audits in line with RBI guidelines to uncover and address financial irregularities.

• Audit Planning: Developing audit plans that adhere to RBI guidelines, ensuring a comprehensive review of financial transactions.
• Identification of Irregularities: Uncovering financial irregularities such as embezzlement, fraud, or misreporting through detailed analysis.
• Documentation & Reporting: Providing detailed reports that document findings and outline necessary corrective actions.

Enforcement Agencies Assistance - CBI, SFIO

Providing support and collaboration with enforcement agencies to address financial crimes and ensure legal compliance.

• Case Preparation: Assisting in the preparation of cases for submission to enforcement agencies, including the collection of evidence and documentation.
• Legal Support: Working with legal teams to ensure that all actions are compliant with regulatory and legal requirements.
• Ongoing Coordination: Maintaining communication and coordination with enforcement agencies throughout the investigation process to ensure alignment and support.

Forensic Accounting Fraud Investigations Service

In today’s digital age, the business environment is complex and dynamic as well but businesses and organizations across India face increasing threats of cybercrimes and frauds including financial irregularities, internal frauds, and regulatory non-compliance. At ASC Group, our team stands with you by providing our Forensic Accounting and Fraud Investigation services to help businesses uncover financial discrepancies, mitigate fraud risks, and ensure strong compliance mechanisms.

Insurance Process Manual

• Insurance is a technical matter and most companies, even large conglomerates, lack visibility on insurance processes within the organization. We help companies streamline their insurance processes and build their insurance manual (SOP) covering all aspects of insurance life cycle from broker selection to claims management.
• By establishing a structured and transparent process, the manual helps organizations maintain consistency, reduce errors, and improve efficiency in managing their insurance needs.

Claims Assistance

• We assist our clients on handling their insurance claims from start to finish. This includes visiting site of loss, handling paperwork, coordination with survey or insurer to ensure that you get timely and justified claim.
• Our objective is to ensure that clients receive timely and fair compensation for their losses, minimizing the financial impact on their business and allowing them to focus on recovery.

ADHICS Implementation

The Abu Dhabi Health Information and Communication Technology (AD HICS) policy is a mandatory regulatory framework for all healthcare providers in the emirate. Designed to protect sensitive patient information and ensure the integrity of the healthcare sector's digital infrastructure, AD HICS compliance is not optional—it's essential.

Internal Audit

• Systematic Evaluation: We thoroughly evaluate internal processes, controls, and risk management strategies to ensure they are functioning properly and meet regulatory requirements.

• Control Effectiveness: Evaluate the ability of internal controls to detect and prevent errors, fraud, or noncompliance. This include examining control procedures, monitoring systems, and testing transactions.

• Process Improvement: Identify areas for improvement in internal processes in order to increase efficiency, decrease risks, and comply with best practices. Recommendations are provided to optimize control mechanisms and operational procedures.

Internal Audit Transformation Service

In contemporary times business landscapes are rapidly changing. The role of internal audit is no longer limited to traditional compliance checks. Organizations across India and globe as well are now seeking ways to make their audit functions more agile, tech-enabled, and aligned with strategic goals.

API Security Assessment

Application Programming Interfaces (APIs) are the digital foundation of modern business, connecting your systems with partners, mobile apps, and customers. While they drive innovation and efficiency, APIs also represent a prime target for cyber threats. A single vulnerability can expose sensitive data and compromise your entire digital ecosystem.

Enterprise Risk Management Services

Today’s business environment is dynamic in nature. In this time of high competition identifying, assessing, and mitigating risks has become more crucial than ever. It plays a major role in initial phases as well but when organizations grow and face increasingly complex challenges, in that scenario effective Enterprise Risk Management (ERM) is essential for long-term success and sustainability of your businesses.

Data Protection

In an era of increasing data privacy regulations, safeguarding sensitive information is a critical imperative for every business. The UAE and global landscape are moving towards stricter compliance requirements, making a robust data protection framework essential.

Risk and Control Registers Consulting

In contemporary times the nature of businesses is changing and in this highly regulatory environment, managing operational, financial, and compliance risks is an essential task for every business. We offer expert Risk and Control Registers Services in India that help organisations in almost all spheres including identify, assess, monitor, and mitigate risks effectively at the right time.

Desktop Security

In the modern business landscape, desktop applications, whether for internal use or for customers, often serve as critical access points to sensitive data and systems. However, they can be a significant source of risk if not properly secured, as they can provide a gateway for attackers to gain access to your network.

IFC/ICFR in India

• Design and Development: Create internal controls over financial reporting (ICFR) and internal financial controls (IFC) in accordance with the Companies Act of 2013. To do this, control structures that handle financial reporting risks and guarantee legal compliance must be established.
• Effectiveness Testing: Verify that the IFC and ICFR are operating as intended and offering a fair level of assurance regarding the correctness and dependability of financial statements by testing their design and operational effectiveness. Determine and fix any flaws or shortcomings in the control system.

Firewall Review

Your firewall is the gatekeeper of your network, acting as the first and most critical line of defense against external threats. However, a misconfigured or outdated firewall can create dangerous openings for cyber-attacks, leaving your business vulnerable to data breaches, malware, and unauthorized access.

Process Designing and Documentation Services

Today’s business environment is highly competitive and understanding of each and every subject is highly complicated for young entrepreneurs. In this process, compliance driven, streamlined business processes are key to achieving operational excellence. At ASC Group, we specialise in offering Process Designing and Documentation Services in India, helping businesses design efficient workflows, standardise procedures, and ensure regulatory alignment across functions.

ISO 27001 Assessment

In the global marketplace, trust is your most valuable asset, and a demonstrated commitment to information security is a powerful differentiator. ISO 27001 is the globally recognized gold standard for establishing, implementing, maintaining, and continually improving an Information Security Management System (ISMS).

ISO 22301 Assessment

In today's unpredictable business environment, a disruption to your operations can be costly and have a lasting impact on your reputation. ISO 22301 is the internationally recognized standard for Business Continuity Management (BCM), providing a framework to ensure your business can continue to operate during and after a crisis.

ISO 27701 Assessment

In an age where data is a primary asset, demonstrating a commitment to privacy is essential for building and maintaining customer trust. ISO 27701 is an internationally recognized extension of ISO 27001, providing a robust framework for managing data privacy.

SIA/NESA Compliance

In the United Arab Emirates, national cybersecurity is a top priority, governed by mandatory frameworks from the Security Industry Authority (SIA) and the National Electronic Security Authority (NESA). These standards are critical for organizations operating within the UAE's digital landscape.

Vulnerability Testing

In the face of an ever-evolving threat landscape, a reactive security strategy is no longer sufficient. Vulnerability Assessment and Penetration Testing (VAPT) is a proactive and essential security practice that helps you find vulnerabilities before attackers do.

Wireless Network Assessment

Wireless networks offer unparalleled flexibility and convenience, but if not properly secured, they can also be a significant security weak point. An unfortified wireless network can provide an easy entry point for attackers to bypass your primary defenses, gain access to your internal network, and steal sensitive data.