IFC Compliance Auditor-Ready
Section 134 of the Companies Act requires directors to state that IFCs are adequate and operating effectively. Build, test, and document your Internal Financial Controls framework with automated test evidence and board reports.
Auditors Qualify the IFC Statement When Documentation Is Thin
Annual Excel exercises, late control testing, and missing evidence expose directors to qualified IFC statements and regulatory scrutiny
Annual Excel Exercise
IFC documentation built annually in Excel is outdated by the time auditors arrive, controls change, Excel doesn't
Late Control Testing
Control testing done at year-end without evidence, auditors question whether controls were really operating throughout the year
Thin Documentation
Auditors qualify the IFC statement when documentation is inadequate, exposing directors to regulatory action
Build. Test. Document. Repeat.
Control Library
Pre-built control frameworks for procure-to-pay, order-to-cash, financial reporting, and payroll cycles.
Control Testing Workflows
Structured testing with designated testers, test scripts, sample selection, and sign-off, throughout the year.
Evidence Collection
Timestamped evidence attachments for each test, screenshots, documents, and approvals tied to specific test dates.
Deficiency Tracking
Log control deficiencies, assign remediation owners, track progress, and verify remediation with re-testing.
Board Statement Generator
Auto-generate the Section 134 directors' responsibility statement on IFC adequacy and operating effectiveness.
Auditor Evidence Package
Export a complete evidence package organized by control and audit period, ready for statutory auditor handover.
IFC Compliant. Auditor-Ready. Director-Confident.
Internal Financial Controls management for listed and unlisted Indian companies