Techno Commercial and Concurrent Review
Techno-commercial Concurrent Review (TCCR) is increasingly being recognized
as good preventive and detective control tool for project as well as operations
in medium and large corporate. TCCR is a simultaneous / synchronized review of transactions
both from technical as well as commercial perspective through full time dedicated
technical and commercial personnel at client’s site. It could also be undertaken
post completion of the transaction as a good detective control tool. This service
is also beneficial to funding organization to keep check on the time and cost over
run of the projects.
What We Do
Through team of technical and commercial experts, we undertake the following technical
and commercial work under TCCR:
Technical
- Project Monitoring through regular physical inspection of completed project work
- Review with Project Schedules and
- Charting of delays.
Commercial
- Online transaction Reviews
- Review of Project Cost Monitoring Mechanism
- Periodic review of specific functions
- Materials covering purchase and movements
- Administration and Support functions
- Review of transaction specific as well as periodic compliances
- Review of control statements
- Participation in inventory / Assets verification
We also undertake Techno-Commercial audits of the completed projects. Through physical
inspection of the work done, scrutiny and verification of procurement documents,
study of approval processes etc., we can advise our client on quality, quantity,
cost appropriateness of completed work in reference to the contract conditions.
Advantage RSM Astute
- Use of specialized audit methodology and tools viz. ABCDE and
Project Score Card
- Effective deliverables – documentation and communication through transaction level
sheets and monthly reporting coupled with quarterly presentation to the top management
- Established Quality Assurance processes which meet international standards
- Utmost emphasis on confidentiality of clients’ information
- RSM Astute Consulting Group (along with its affiliates) together has been ranked
as the 5th largest accounting and consulting group in India (International Accounting
Bulletin - September 2010).
- Extensive experience in advisory, taxation and accounting matters across various
industries and service verticals.
- Multi-disciplinary team of professionals comprising of Chartered Accountants, MBAs,
Engineers, Company Secretaries, CISA / DISA, Cost Accountants and Law graduates.
- Indian personnel strength of over 800 people having expertise in diverse fields
and Nation wide presence.