• Due Diligence
Before entering into any new activity or process, due diligence has become an in-evitable function which every business should go through in order to avoid or reduce the future risks associated with business.

• Internal Financial Controls
IFC are the policies and procedures adopted by the company for ensuring the orderly and efficient conduct of its business.
a) Orderly and efficient conduct of its business,
b) Including adherence to company’s policies,
c) Safeguarding of its assets,
d) Prevention and detection of frauds and errors,
e) Accuracy and completeness of the accounting records,
f) Timely preparation of reliable financial information.

• SOP
A standard operating procedure is a set of step-by-step instructions compiled by an organization to help workers carry out routine operations.
a) Overview of business process cycle.
b) Organization structure of each functional department.
c) Overview of roles and functions of each department.
d) Internal and external policies and best practices to be adopted by the department.
e) Processes and internal control procedures to be followed by various departments.
f) Authorization procedures for various processes, transactions and documents.
g) MIS requirements.
h) Basic statutory compliance checklist.
i) Forms to be used by the departments