In Chennai, there is a factory auditing course. Redhat Safety has a board of qualified professionals that have been approved by the government to inspect, analyse, and provide fitness certificates for factory buildings in your area. The plant will be certified in accordance with the factory’s legislation of 1948. Give us a call to conduct an audit of your factory to ensure compliance with local state requirements.
WHAT DOES AUDITING?
Auditing may be an excellent career choice for you if you have a strong interest in accounting and are adept with numbers and mathematics. In simple terms, auditing is the examination of a company's or organization's financial accounts and records. Auditing ensures accountability, transparency, and efficiency in the execution of fiscal activities. Almost all large corporations, numerous private institutions, and even government departments and organisations are required to have their financial accounts audited these days. An auditor is the person who performs this inspection. In general, an auditor must provide a fair opinion about a company's financial position and whether the entity's financial report accurately reflects the transactions it has undertaken.
Auditing takes many forms in India, including tax auditing, company auditing, financial auditing, compliance auditing, management auditing, and many others. The requirements for becoming an auditor vary depending on the type. If you want to be an auditor, this post will try to give you a better picture of auditing in India.
WHAT EXACTLY IS A FACTORY AUDIT?
A factory audit is a type of supplier evaluation that occurs at the manufacturer's location. An auditor evaluates their systems, capacity, workplace environment, or capabilities to ensure that they meet your needs as a buyer. A factory audit can be used to qualify a potential supplier as the final step or as a tool for ongoing supplier management with an existing supplier.
Statutory implies “of or pertaining to statutes,” or what we often refer to as rules or regulations. Simply put, compliance means to comply with or conform to. So statutory compliance indicates that you are adhering to the laws on a certain subject.
AUDITING ELIGIBILITY CRITERIA (UG & PG) ELIGIBILITY CRITERIA FOR A BACHELOR'S DEGREE IN ACCOUNTING
Accountancy must have completed their 10+2 examination from an Indian board recognised by the government. Students may be required to take entrance exams if required by their respective colleges.
The CA Foundation Course must have passed the class XII examination and completed the four-month study period.the CA intermediate Course must have passed the foundation Course or be eligible for direct entry if they have a Bachelor's/degree Master's in accounting with at least 55 percent marks.
HOW TO GET READY FOR A FACTORY AUDITION
It is critical to establish a Quality Management System for the product being manufactured and to prepare documents for on-site inspection. Before applying for a preliminary audit, the factory should conduct an internal audit and management review, and then initiate corrective actions to address any identified gaps. Technical audits at vendors' and manufacturers' business premises to help them understand the existing Quality Management System, improve quality toward a "zero complaints" goal, and produce in accordance with normative requirements. Our auditors can follow any checklist that has been provided to them or create their own to meet your specific needs.
5 DIFFERENT TYPES OF FACTORY AUDITS
Depending on your requirements, you can conduct one of five types of audits. They are as follows :
Capability audits -
To determine whether the factory can manufacture your product within the timeframes specified.
To determine whether the supplier has a functional quality management system (Based on ISO9001 standards).
To ensure compliance with the C-TPAT programme of US Customs and Border Protection.
Social compliance audits -
To evaluate working conditions and ensure that human rights violations, such as child labour, do not occur (Based on the SA8000 standard).
To ensure that the factory follows the environment and requirements
DIPLOMA COURSE ELIGIBILITY CRITERIA
Students must have passed the 10+2 level examination in India from a recognised board.
OBSERVANCE OF THE LAW
Statutory refers to something that is "of or related to statutes," or what we often refer to as laws or rules. The term "compliance" simply refers to following or adhering to a set of rules. So, statutory compliance indicates that you are abiding by the law in a certain situation.
BOCW ACT OF 1996 – CONSTRUCTION COMPANIES
Redhat Safety will aid construction enterprises in the areas of the BOCW Act of 1996 and Rules of 2008, as well as their applications. The Building and Other Construction Workers (Regulation of Employment and Conditions of Service) Act of 1996 - The legal component of the state specification and the OHAS standard will be followed, with guidance offered.