Internal Auditor’s Meeting-2024 with newly appointed firms of CA/CMA to conduct Internal Audit in association with NTPC’s Internal Audit Department during 2024-25 was held on 19th July at PMI, Noida.

The meet was inaugurated by Shri Jai Kumar Srinivasan, Director (Finance) in the presence of Shri Virendra Malik, ED (Finance), Shri M A Ansari, ED (Finance), Shri Pushpendra Tyagi, GM (Internal Audit), Partners and Audit Managers of firms of CA/CMA, HODs and executives from Centralised Billing, USAG-Faridabad, CPGs, VPGs, Treasury, Fuel Payment, CC-Commercial & Accounts, Establishment etc.

Director (Finance) spoke about the role of Internal Auditors in providing independent assurance regarding an organisation’s risk management, governance and effectiveness of internal control processes in view of growing regulatory scrutiny, rising stakeholder expectations, complex technology risk and competitive world. Later, Director (Finance) had a detailed discussion with senior partners of audit firms in the presence of senior officials.

An interactive meeting of Senior partners of audit firms with Statutory Auditors of NTPC was also held in the presence of GM-CC-Accounts, GM-IA and other HODs from different departments.

Presentations were made by CC-IT, PRADIP team, representatives from various unified centres and Unified centre wise meetings were held between auditors and auditees in order to have better co-ordination and for sharing system and procedures of NTPC. Format of reports and expectations from Auditors were shared by CC-Internal Audit with the auditors.