Auditee Units

Profile of the auditee DPSUs:

Nine Defence PSUs and seven subsidiary / Joint venture companies, in the audit domain of the office encompass various business segments like aerospace. earthmoving. railways, electronics, shipbuilding, submarine construction, steels and alloys, missiles and various defence products. The customer base includes three defence services, Coast guard, PSUs and others. Considering the above scenario, the audit responsibility increases in ensuring production and utilization of resources. Attaining and updating the knowledge of the industry, technology, market, infrastructure facility, quality, competitors, JVs/PPP business etc. assumes utmost importance. The economy, efficiency and effectiveness to be exercised by the management in managing the business in a climate of growing competence are challenging. Focused cost reduction techniques needs to be mapped in order to be competitive. The sphere of focal/crucial points to be covered in the audit spreads/multiply and hence needs to be defined. Three year Rolling Audit Plan is drawn considering these factors.