 |
|
|
 | Audit Program |
|
|
Audit is an important component of the internal risk control process for any organisation and a prerequisite for assessing compliance with corporate performance standards. Whether it is compliance with internal corporate procedures, external regulatory requirements or compliance with industry codes of conduct such as ISO 14001, effective internal auditing is the cornerstone of compliance management and continuous improvement.
|
|
|
Effective compliance management will protect and enhance an organisations reputation by aiding in the avoidance of the adverse affects of non-compliance such as: litigation, legal penalties, prosecution, bad publicity and the risks, costs, liability and damage to brand reputation associated with non-compliance.
A robust Audit and Compliance Program can help to ensure and also demonstrate compliance with internal and external standards, legislations and codes of conduct. It will provide visibility of an organisations compliance profile, facilitating Risk Reporting and improve compliance the business.
|
The Audit and Compliance Program will include a management workflow encompassing the scheduling, planning and conducting of audits/assessments. Identification of non-conformances will trigger a system of tracking the recommendations for improvement.
It is imperative to track non-conformance rectification and corrective and preventive actions.
|
|
PROUDLY SPONSORED BY
|
|
|
