Auditing
Legal Auditing
Legal Compliance Audits
Legal compliance audits ensures that companies remain compliant with the respective Acts and regulations
A due diligence is done with a certain standard of care,
Legal compliance audit is a due diligence system to minimize business risk by verifying and identifying the gaps in regulatory compliances that are applicable to the company and drafting a course of action to keep the company on a steady compliant track.
It offers a snapshot view of the status of legal compliance of an organization at a particular time.
A Legal Compliance Audit highlights deviations, non-compliance, and risks that could negatively impact the organization, its management, and employees. It can also give assurance to the board of directors and senior managers of a company that sufficient internal controls are implemented to manage legal compliance risks
For organizations who want to obtain and maintain certification of their management systems, such as ISO14001 and ISO45001, a Legal Compliance Audit is a necessary process.
Gap Analysis Audits
Where are you? Where do you want to be? And how are you going to get there?
In order to answer these questions an organization must have a strategy as well as a tool to plan – this is called a Gap Analysis.
Initially, the Management System is compared to the standard and then undergoes change either through a Management System being implemented, or the current Management System improving to meet the requirements of the standard.
A Gap Analysis is done at the beginning of the certification process to identify what is currently in place against the set of requirements for which every standard is to be implemented. Identification of requirements leads to guidance for successful certification.
Other cases where this process is used is when an organization must upgrade or migrate to a new version of an ISO standard, further indicating current progress status and destination for successful migrations or implementations.
Internal Audits
* Before certification audit, not all can afford *
Summary
The Internal ISO management system audit’s purpose is to assess the effectiveness of the organization’s systems versus performance. Assessed will be conformity and the identification of opportunities for improvement.
Detailed Description
Measuring the maturity level of an organization’s management systems by efficiency and overall best practices against one or more ISO standards. Conducting internal audits to evaluate and improve the efficiency of business practice capabilities is achieved by identifying existing issues and shortcomings. This ensures that the correct plans are put in place. This is but one (and important) case of how an organization will benefit from an internal audit. In essence, an Internal Audit will assist to review and evaluate the reliability and soundness of the internal control system;
- Ascertain degree of compliance standards, policies and procedures;
- Minimize losses and maximize profits;
- Ascertain if information generated within organization is accurate and reliable;
- Ascertain the level of integrity of the data provided to management;
- Provide informed advice and feedback to management on next steps and growth opportunities;
- To seek opportunities for improvement in the existing systems.
Multiple guidelines are leveraged based on the unique visions and strategies of the organization. The benefits provided are performance improvement through appropriate and unbiased information derived from the Internal Audit process. Undertaken with the specific requirements, criteria, and environment of the organization in focus, the full value of an Internal Audit is realized and reaped.