Compliance Check - Secretarial Auditing
An Overview of Secretarial Auditing
“A secretarial audit is part of the overall compliance management system of the company. The secretarial audit is an efficient instrument for managing company compliance. It also helps in detecting noncompliance and implementing appropriate measures.
Secretarial Audit Auditing is a process that checks a company’s compliance with various laws and rules or regulations or processes, records, accounting, bookkeeping, and so on. An independent specialist can take over the company’s secretarial audit. It is a technique for ensuring that legal and procedural requirements are followed and observed. Whatever the case, the secretarial audit report applicability follows the proper procedure. It is basically a technique for monitoring compliance with specified laws’ requirements.”
Secretarial Audit Auditing is a process that checks a company’s compliance with various laws and rules or regulations or processes, records, accounting, bookkeeping, and so on. An independent specialist can take over the company’s secretarial audit. It is a technique for ensuring that legal and procedural requirements are followed and observed. Whatever the case, the secretarial audit report applicability follows the proper procedure. It is basically a technique for monitoring compliance with specified laws’ requirements.”
Secretarial Audit in India
“Our in-house Company Secretaries will do a secretarial audit to guarantee compliance with different laws, including the Companies Act, as well as other economic and corporate requirements that apply to your firm.
Get help with non-compliance rectification and documentation.”
Get help with non-compliance rectification and documentation.”
The Advantages of Secretarial Auditing (Statutory or Forensic)
- Having a secretarial audit would assist your business in having an effective process with the legal and procedural standards to ensure compliance.
- It aids in instilling trust in directors and key management personnel (KMP), among others.
- Only when the Secretarial Audit assures legal and procedural requirements in a safer, better, and audible manner can the company directors focus on key business concerns and meetings.
- As a result, it helps to lessen the workload of law enforcement.
- By doing so, you demonstrate the appropriate way to investors by displaying your legal records.
- Secretarial audit applicability is a useful governance and risk management tool. It produces the result considerably more effectively.