The responsibilities of the consulting firms included:

• Finalize the audit scope

• List key legal & regulatory compliances and prepare the audit program.

• Prepare & send information / data request to the client

• Execute the audit program & carry out field work independently

• Secure the appropriate resources for the project at the right time

• Track / monitor project, control the project and report progress on a regular basis against budget, schedule and quality targets. Includes anticipating any project management issues before they surface and taking appropriate remedial action

• Ensure timeliness and adequacy of deliverables

• Do timely & proactive escalations in case of delays

• Regularly update the PwC Project Manager on the progress of the project

• Discuss the observations with all relevant stakeholders

• Close loop the audit points, obtain management comments / action plan & make high quality & implementable recommendations

• Finalize reporting formats in consultation with PwC

• Finalize draft as well as final audit reports.

• Prepare presentation for exit meetings & senior management.

• To do opening & exit meetings with the client.