Compliance Audits

A compliance audit can tell you many things. These include; 

How well an organisation adheres to laws & regulations 

How well an organisation adheres to Its’ own standards & code of conduct

How well an organisation adheres to Its’ existing business processes & procedures 

The effectiveness of internal controls 

Identifying non-compliance early, in any of these areas, allows the organisation to take  steps to rectify the situation with immediate effect. 

In our experience, when non-compliance has been found, it is not uncommon that the reason for non-compliance is fraud or employee misconduct.