CSR is an initiative to evaluate and take accountability of the company

Scrutinizing the real time financial transactions at the time it has taken place/ parallel with the other transactions and checking its authenticity.

Concurrent audit is mainly used for:

The preliminary phase of an audit prior to the official examination of the accuracy of an organization

Control over inventories is crucial function for all organizations, as the inaccuracies in inventory records can cause erroneous management decisions.

Inventory Management intends to verify the accuracy of inventory records by creating mandatory checkpoints and controls. The process involves assigning the proper carrying value to the inventory, so it can be reflected properly in the company