Published on January 25, 2024
Tata Consultancy Services (TCS) hosted the fourth quarterly meet of the Tata Internal Audit Forum at its office in Banyan Park, Mumbai. This twenty-acre lush green yet state-of-the-art campus witnessed the participation of internal audit heads and practitioners from 35 Tata companies.
The day started with a presentation by Narasimha Shenoy, Head of Internal Audit, TCS, and his team. They gave a glimpse into the size and scale of the company’s operations, the associated role of the internal audit function, and insights on auditing through automated controls and continuous control monitoring. Thereafter, Rupinder Mailk and Rupal Bohra from J. Sagar Associates presented insights on the fiduciary duties of internal auditors. They emphasised the use of analytics, visualisation, and artificial intelligence for continuous auditing and tracking of risks and challenges.
Suprabhat NM, MD, Fraud Risk Advisory, Protiviti India Member Private Limited, and their team shared their experience and expertise in business integrity risk assessment with the use of internal and external data. The team presented several case studies to highlight how external and internal data can be leveraged for fraud detection and mitigation. Kunal Pandey, Partner, KPMG, shared insights on the Digital Personal Data Protection Act 2023, and its associated implications for the Tata Group.
Through a brief campus walk, the attendees could get a glimpse into TCS sustainability efforts to preserve biodiversity on campus. The day ended on a high note with a visit to the TCS Executive Briefing Centre, a state-of-the-art centre with motion-sensor walls, glass walls for immersive content experience, touch screen tables, and LED/LCD display walls. The centre demonstrated the entire range of offerings from TCS, the breadth of its industry-leading solutions, the depth of its domain knowledge, and the company’s commitment to innovation and thought leadership in a seamless manner, all on a single stage.
Participant Speak
First of all, a big thank you to TCS and TBExG for their well-coordinated efforts to make this event a grand success. Such meets enhance our knowledge and helps in adopting best practices across the Tata group.
— Kapil Aseri, Executive Director, Internal Auditor, Air India