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Capacity Building and Training


"Information is power. Power is in the ability to use information. Only a trained mind can take informed decisions. Training is a strategic choice. It adds greatest value to stake holders."


We, at Red Flag, believe that the manager's role in improving his human resources does not stop at providing training, but begins with one. Thereafter, the manager is expected to facilitate environment that allows the staff members to practice what they have learnt. Our comprehensive suite of training therefore addresses not only the oversight employees but also the top management responsible for oversight Governance. At Red Flag we take a proactive approach to oversight training. Our trainers stay at the cutting edge of knowledge so that you could be kept abreast of the latest. We strive to minimize the time period for internalizing the best practices in oversight and may actually prepare your executives to be in the vanguard of research along with internationally recognized oversight executives.


Some of our capacity building and training modules include onsite, offsite, online and conference based interventions:



Audit & Assurance

  • Audit Governance- policies, processes and structures

  • Risk assessment for Risk based audit action plan.

  • Audit Universe and entity wide strategic reviews.

  • External Quality Assessments

  • Audit planning, Execution and Reporting,

  • Audit communication strategies,

  • Audit Performance benchmarking

  • IT audit and capability maturity model

  • Audit tools and techniques for management and audit execution


  • Preparing lines of inquiry and investigation structure

  • Interviewing techniques for investigators

  • Proactive and reactive investigation methodologies

  • Protecting stakeholder interests through investigations

  • Recognizing fraud, corruption and abuse of authority

  • Fraud awareness and promotion of integrity entity-wide

  • Reporting mechanisms, and documentation

Ethics Management

  • Establishing structures of ethics function

  • Implementing ethics function - code of conduct, awareness campaign, ethics hot line, ombudsman

  • Financial disclosures and conflicts of interest

  • Preparing SOPs and Manual

Oversight Governance

  • Accountability framework

  • Audit committee roles and responsibilities

  • Board level responsibilities and accountabilities

  • Compliance issues and personal liabilities of Board and executives

Procurement Governance

  • Managing Procurement

  • Public Private partnership

  • EPC contracts on defence, railways, highways, infra projects

  • International compliance regime  on procurement

  • Recognizing procurement frauds

  • E-procurement issues and challenges

  • Probity issues in public procurement


Leadership and general

  • Oversight leadership


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