by Tomasz Zawisny | Feb 3, 2023 | Articles
Internal Audit provides important guidance for life science companies, which helps them manage risks effectively, and run strong control and governance processes. By evaluating an organisation’s operations independently and objectively, Internal Audit helps identify...
by Jerzy Grześkowiak | Dec 12, 2022 | Articles
Why Internal controls are important It’s a myth that only medium-sized or large companies need a risk management process. In fact, every company of every size should have internal control frameworks and processes. Every management board is responsible for appropriate...
by Jerzy Grześkowiak | Dec 5, 2022 | Articles
A corporate compliance program is not just a good idea – it’s a financial necessity. The costs of non-compliance are high, and can include penalties, damages, and lost business. A strong compliance program can help you avoid these costs, and can even improve your...
by Jerzy Grześkowiak | Nov 28, 2022 | Articles
Enterprise Risk Management (ERM) is an effective but complex process that identifies, monitors and reports risks across a wide range of an organization’s operations. Some of the best GRC software and risk management solutions provide Risk Registers which are key to...
by Jerzy Grześkowiak | Nov 23, 2022 | Articles
A Chief Financial Officer (CFO) is primarily concerned with an organization’s financial performance, while Internal Audits (IA) focus on risk management, governance, and internal controls. Financial success and risk are perhaps two sides of the same coin, so every CFO...
by Jerzy Grześkowiak | Nov 15, 2022 | Articles
Companies that operate in highly regulated sectors such as life sciences, food and manufacturing are legally obliged to manage risk. Since all business activities have an element of risk, it is important for organizations to define all their risk areas, assess the...
