Governance Risk-Control & Compliance Solutions
Overview
Many start up, MSME and Corporate organizations, face governance, risk-control and compliance challenges, because of their unclear governance structures. It is said that culture eats strategy for breakfast, however for some, the strategy itself is not at all clear. And so business carries on without in an ineffective and inefficient control environment, which leads to suboptimal output. The absence of effective oversight mechanisms such as an internal audit function and a well constituted Board means that business goes own without independent assurance on the effectiveness of management activities in attainment of organization objectives. If business risks are not identified and proper mitigations put in place, and lack of third line review can lead to business failure. Indeed many start ups fail within their first five years.
Outsourced Internal Audit (Including QAIP and EQA)
We establish continuous auditing and monitoring (CA/CM) in the following areas;
We review and advise on effective and efficient governance structures.
We carry out risk based internal audits, either co – or outsourcing.
We assess the risks that are likely to affect attainment of your business objectives and advise on their management.
We carry out culture and ethic audits.
We carry out technology and cyber-security audit.
Risk management (Including ERM, Data, ESG, Climate Risk and Sustainability)
We review third -party relationships, and risks and controls management.
We assess the risks that are likely to affect attainment of your business objectives and advise on their management.
We develop and guide with ERM establishment, implementation, monitoring and evaluation.
Compliance
We ascertain relevant regulatory frameworks.
Develop compliance registers for implementation.
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