What is a Compliance Audit?

Is your Business Doing What it’s Supposed to be Doing?

A compliance audit is a formal assessment of a business’s policies, procedures, processes and operations to ensure that the business is complying with the laws, regulations, standards and rules applicable to the business type and industry.

Our compliance audit report will cover the strength of compliance, highlight risk areas, and recommend policy and procedural updates.

Corporate Compliance should be an essential part of any business operation.  Managing compliance and mitigating risk could protect your business from financial liabilities, including fines and penalties, lawsuits, and reputational damage.

Compliance is an ongoing process as regulations and laws morph and change to keep up with industrial standards, criteria, and best-practice.  Your business will benefit from implementing a compliance programme;  a robust and consistent approach to compliance reviews will entrench compliance in your business practices and help you and your employees to detect, address and prevent possible violations.

At TheWrittenHouse, we have the skills and expertise to help your business with all your business corporate compliance needs, including:

• Auditing existing policies and procedures;
• Writing new policies and procedures;
• Drafting manuals and policies and procedures as part of licensing your business in accordance with regulatory requirements;
• Develop and maintain a successful compliance programme to minimise exposure to risks and financial liability.

TheWrittenHouse has the in-house technical, corporate, and legal experience needed to review and update existing policies and procedures, create concise and easy-to-use employee handbooks, and compliant Policies and Procedures Manuals.

We can help you integrate your business compliance efforts;  by incorporating external regulations and/or licensing requirement with your internal policies and, if needed, your employee training programmes.

By investing in a Corporate Compliance Programme, your business can reduce the risk of fraud, and conflicts of interest, and avoid waste, discrimination, and abuse whilst providing your employees and suppliers with clear and concise procedural and reporting requirements.

This level of transparency can improve the overall morale in the workplace and protect your business against avoidable financial and/or reputation damage.

If you are interested in finding out how we can help your business improve your current ‘Compliance Score’ or to have a chat about your concerns, please feel free to contact us.