Skip Navigation LinksHome > Services > Internal Audit and Risk Management > Techno Commercial and Concurrent Review

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.


Techno

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
    • Pre order
    • Pre payment
  • 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.
© 2015 RSM Astute Consulting. All Rights Reserved.
RSM Astute Consulting Group is a member of the RSM network. Each member of the RSM network is an independent accounting and advisory firm each of which practices in its own right. The RSM network is not itself a separate legal entity of any description in any jurisdiction. The RSM network is administered by RSM International Limited, a company registered in England and Wales (company number 4040598) whose registered office is at 11 Old Jewry, London EC2R 8DU. The brand and trademark RSM and other intellectual property rights used by members of the network are owned by RSM International Association, an association governed by article 60 et seq of the Civil Code of Switzerland whose seat is in Zug. © RSM International Association, 2013.
Mumbai (HO): 13th floor, Bakhtawar,229, Nariman Point, Mumbai - 400 021.
Mumbai : 301-309, A wing, 3rd Floor, Technopolis Knowledge park, Mahakali Caves Road, Andheri (e), Mumbai – 400 093.