Audit & Assurances

Financial Audit

HR Audit

Operational Audit

Stock Audit

Compliance Assurance

Process Assurance

Revenue Assurance

Performance Assurance

Accounting Health Check

Business Health Check

Forensic Investigation

Due Diligence

The primary objective of any process assurance is to conduct comprehensive review of current execution procedures & operations of a particular department in business & its documentation, to evaluate and report the status and shortcomings if any with respect to follow-up of different statutes applicable to the business related to work force; to ensure compliance with ever-changing rules and regulations.

Process assurance is conducted to ensure that processes are designed and operating effectively to achieve desired outcomes and meet business objectives.

  • Effective Design : Process assurance aims to confirm that processes are well-defined, documented, and aligned with organizational goals. This includes clear inputs, outputs, steps, responsibilities, and performance metrics.

  • Effective Operation: It focuses on verifying that processes are being followed consistently and correctly in practice. This involves monitoring, reviewing, and evaluating process performance to identify any deviations or areas for improvement.

HR Audit

Areas that should be Covered

Internal Processes

  • HR Manual & SOPs

  • Policies & Compliances

Documentation & Controls

  • Personnel Files & Employee Contracts

  • Communications, warnings & Notices

Manpower Contractor Documentation

  • Agreement with contractors

  • Attendance & Billing Process

Recruitment and selection

  • Recruitment & Selection

  • Onboarding process & Documentation

Compensation and benefits

  • Attendance, Leave & Time office

  • Pay Slips, Pay sheet Calculations & Payment Process

Payroll and taxation

  • Payroll policies

  • Compliance with laws and regulations

  • TDS Applicability & Follow-ups

Relieving & Terminations

  • Full & Final settlement Process

  • Exit Interviews & Analysis Process

Employee relations

  • Employee grievance redressal

  • Internal Committees & their workings

Performance management

  • Performance Monitoring System

  • Appraisal System

Training and development

  • Training and development programs

  • Participation Management

Employee safety

  • workplace safety conditions

  • Social security measures

Employment claims

  • Gender equality compliance

  • Posh Compliance

Readiness for New Labour codes to be implemented in 2025

  • Code on Wages

  • Code on Social Security

  • Code on Industrial Relations

  • Code on Occupational Health & Safety

Acts & Statutes Applicable on Businesses relating to

HR Management

  • Employees Provident Fund and Misc. Provisions Act, 1952

  • Employees State Insurance Act, 1948

  • Payment of Bonus Act, 1965

  • Payment of Gratuity Act, 1972

  • Workmen’s Compensation Act, 1923

  • Workmen’s Compensation Act, 1923

  • Apprentices Act 1961

  • Factories Act, 1948

  • Industrial Disputes Act, 1947

  • Shops and Establishment Act, 1954

  • Apprentices Act, 1961

  • Equal Remuneration Act, 1976

  • Maternity Benefit Act, 1961

  • Payment of Wages Act, 1936

  • Minimum Wages Act, 1948

  • Income Tax Act 1961 including Tax Deduction at Source (TDS)

  • Contract Labour (Regulation and Abolition) Act, 1970

  • Inter-State Migrant Workmen (Regulation of Employment & Conditions of Service) Act, 1979

  • The Emigration Act, 1983

  • Labour Welfare Fund Act, 1965

  • Professional Tax Act (State Laws)

  • The Emigration Act, 1983

  • Labour Welfare Fund Act, 1965

  • Professional Tax Act (State Laws)

Other Miscellaneous Laws

Where policy should be evaluated

  • The Trade Unions Act, 1926

  • The Industrial Employment (Standing Orders) Act, 1946

  • The Industrial Disputes Act, 1947

  • The Collection of Statistics Act, 1953

  • The Employment Exchanges (Compulsory Notification of Vacancies) Act, 1959

  • The Apprentices Act, 1961

  • The Bonded Labour System Abolition Act, 1976

  • The Sales Promotion Employees' (Conditions of Services) Act, 1976

  • The Child and Adolescent Labour (Prohibition and Regulation) Act, 1986

  • The Labour Laws (Exemption from Furnishing Returns and Maintaining Registers by Certain Establishments) Act, 1988

  • The Unorganized Workers’ Social Security Act, 2008

  • The Child Labour (Prohibition & Regulation Act), 1986

  • Children (Pledging of Labour) Act, 1933

  • The Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013

Industry specific Laws

  • The Plantations Labour Act, 1951

  • The Mines Act, 1952

  • The Dock Workers' (Regulation of Employment) Act, 1948

  • The Merchant Shipping Act, 1958

  • The Motor Transport Workers' Act, 1961

  • The Limestone and Dolomite Mines Labour Welfare Fund Act, 1972

  • The Mica Mines Labour Welfare Fund Act, 1976

  • The Iron Ore Mines, Manganese Ore Mines and Chrome Ore Mines Labour Welfare Fund Act

  • The Iron Ore Mines, Manganese Ore Mines and Chrome Ore Mines Labour Welfare Cess Act, 1976

  • The Iron Ore Mines, Manganese Ore Mines and Chrome Ore Mines Labour Welfare Cess Act, 1976

  • The Bidi Workers Welfare Fund Act, 1976

  • The Bidi Workers Welfare Cess Act, 1976

  • The Dock Workers' (Safety, Health & Welfare) Act, 1986

  • The Building and Other Construction Workers Cess Act 1996

  • The Bidi and Cigar Workers (Conditions of Employment) Act, 1966

  • The Working Journalists (Fixation of rates of Wages) Act, 1958

  • The Cine Workers Welfare Fund Act, 1981

  • The Building and Other Construction Workers (Regulation of Employment and Conditions of Services) Act, 1996

  • The Working Journalists and Other Newspapers Employees (Conditions of Service) and Miscellaneous Provisions Act, 1955

  • Labour Laws (Exemption from Furnishing Returns & Maintaining Registers by Certain Establishments) Act, 1988

Process & Report

What should be included in HR Process Assurance

Policy & Manual Review

Compliance Review (Past 3 Months)

Working Process & Management Interview

Checklist based personnel files review

Contracts & other document review

Time office & other physical verification

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