Initiating an official entity and incorporating your business can initially seem overwhelming, especially when you must consider adhering to the many regulations surrounding incorporation. Of course, there are numerous benefits to incorporation as well, such as limited liability if your company is sued or decides to hire staff. But it’s crucial to know what you…
As this saying goes, health is wealth. With a growing population & increasing life expectancy, the nation’s healthcare sector has witnessed enormous growth over the past decade. World Health Organization (WHO) estimates that over 50 percent of Indians lack access to essential healthcare facilities. As a result, there is an enormous need for multidisciplinary hospitals…
When customers visit your store, they want to find what they are looking for and get out quickly. A well-organized retail store environment can make this happen, but it is not easy to do by yourself. That is why it is crucial to have regular reviews of your storage space with an expert auditor who…
In an economic and social scenario in which transparency is increasingly required, it is essential to work with the concepts of Risk Control and Ethics. This premise applies to large corporations as well as small ones. But how to be truly transparent daily? It is precisely for this mission that Corporate Governance and Compliance practices…
Building a business is exciting, but it can also be very hard. There is much to do, much to decide, and much to learn, and there are also many opportunities. You have to start from scratch to reach the goal. If you have a good idea to start a company and you are ready to…
The search for financing is a necessity that is inherent to any business, throughout its existence. Indeed, it is through the company’s ability to meet its financial resource needs, by opting for appropriate financing methods, that it guarantees its sustainability. Thus, it is more than appropriate for it to carry out this activity in an…
Corruption causes high financial damage to companies every year. In addition, there is regularly a considerable loss of reputation for the institution concerned. The topics of preventing and fighting corruption have therefore been in talks for years. More and more frequently, companies are not only faced with the question of what to do if corrupt…
The formal influence of the compliance officer is often limited. Although he may write the Code of Conduct or approve gifts, he often does not have any major decision-making powers beyond that. What then is its function? Is it primarily for publicity? As a fig leaf? Or does he play a completely different role? External…
For most internationally active companies, the topic of trade compliance has become indispensable. The export and import of goods and any services abroad may be subject to various government restrictions. Many companies face difficulty in behaving and acting by the law in foreign trade. Current status of trade compliance According to surveys and studies, the…
Internal controls are crucial to the success of any business and even more critical when it comes to financial reporting, which deals with an organization’s assets & finance. Internal Controls for Financial Reporting serve as the primary source of information to make decisions about everything from expenditures to investments to hiring. If you are new to…
