The communications audit may be defined as “the process whereby the communications within an organization are analyzed by an internal or external consultant, with a view to increasing organizational efficiency”. (Anthony Booth, 1989) A Communications Audit is a systematic research method, which will identify the strengths and weaknesses of your current internal and external communications. It is a through and systematic examination to determine what is functioning well and what is not. It is a method
methods and techniques used in collecting and presenting the data. The survey research design approach will be adopted. Area of Study The researcher will be restricted to banking; hence Mainstreet bank will be used. This study will be on the internal audit department since financial activities of various departments are monitored by
CHAPTER 1 1.0. INTRODUCTION 1.1. PREFACE Internal audit plays a critical role in the Corporate Governance structure and process in an organization and posits as a key component of the independent risk management oversight function. MFI policy on the internal audit function is, therefore, designed to ensure that internal audit provides the Board with the independent assurance that the risk management, control and governance policies and processes are being complied with. The Board of Directors of
institutions, Organization for Economic Co-operation and Development (OECD) first proposed on corporate governance. In a United States, the audit committee is stressed, China also gradually set independent Director and the corporate governance, Hong Kong Exchange and Clearing Ltd (HKEX) also has launched on 2005, required all listed company at least to review a internal control system for a annual , corporate governance has became important element for the development countries . Corporate governance is
This chapter focuses on integrating and controlling a retail strategy We tie together the material detailed previously show why retailers need coordinated strategies and describe how to assess performance By integrating and regularly monitoring their strategies firms of any size or format can take a proper view of the retailing concept and create a superior total retail experience Consider how Dollar Tree competes with Wal-Mart-which is more than 80 times larger A major goal of Retail Management
Audit & Compliance PCI DSS Assessment All organizations that deal with cardholder data need to be PCI Compliant. PCI DSS can be difficult and complex to manage. At GRC 360, we understand PCI compliance and how it can ensure data protection in a business. Our approach towards compliance guarantees proper planning, configuration and management of the program. Our consultants have extensive experience in all areas of PCI DSS compliance, gained through working with medium and large enterprises nationally
Managing Director of the company took the personal responsibility to communicate the company policy. Amongst the company’s internal policies on occupational safety and health management include the following 3 internal factors: 1. Current OSH Policy 2. Feedback from Internal Audit and Management review meeting. 3. Organisational OSH cultures. The Feedback from Internal Audit and Management review meeting was to put in place corrective and preventive actions plan and monitor the effectiveness of the
measures of winning the market share should be implemented by the companies. In order to make this a reality, Supply chain management should be looked into with the idea of prioritizing various aspects of the supply chain. For this, both internal and external audits can be conducted as preventive measures for all the deviations that can be occurred with respect to the long term strategies. Through this, assessing of supply chain risks can be done while at the same time developing strategies and measures
(PSUs) in the Indian economy can never be over emphasized. They account for over 22 % of the country’s GDP, around 6 % of the total employment in the organized sector and over 20 % of direct and indirect tax collections. A number of PSUs also serve critical functions of furthering the socio-economic objectives of the Government and ensuring stability in prices of key products and commodities. To some, a well-performing PSU is an oxymoron. The root cause, it is argued, lies in their ownership structure
The viability of a project is dependent on various factors which include selling price, cost of raw materials, cost of finance, availability of critical inputs and dependence on market like buyer/seller market, other key technical parameters etc. In the absence of any defined factors and its values for carrying out the sensitivity analysis, it has been decided that a common 5% sensitivity factor on sale price/cost price of major raw materials should be applied in appraisals of all the projects