Audit downstream

Yes, this downstream audit procedure is the easier part of the test

The next audit procedure (“upstream” testing) is slightly more difficult

The upstream audit procedure requires that the activity log for the period being reviewed is obtained from the key card system that includes all key card or badge activity for all holders

Downstream investments are a means to deploy surplus funds from the Indian subsidiary to achieve the investment goals of foreign investors in India

Downstream Investment is the indirect foreign investment in an Indian company that results in investment by other Indian companies with foreign investments in it

In 2016 the RMI launched its Downstream Assessment Program to meet the growing demand for validation of sourcing practices of companies in the mineral and metal industries that are not eligible for the Responsible Minerals Assurance Process (RMAP) because they do not meet the definition of a smelter or refiner