Keeping control of your growing business

Did you know… As a company director you have various legal duties including: Keep proper books of account; Prepare annual accounts; Have an annual audit performed (unless the company is eligible for audit exemption); Maintain registers of shareholders, directors, meetings etc; File annual returns with the Companies Office; Safeguard the assets of the company; …to…

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Quick start guide to risk management

1. Draft a risk management policy The policy sets the tone and it should be the starting part for any risk management process. It should include things like Risk appetite Responsibilities Frequency of risk assessments Establish whether there is a risk sub-committee Risk categories Risk ranking criteria The policy should be formally approved and adopted…

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Introducing internal audit

What is internal audit? I could bore you with the official definition from the Institute of Internal Auditors: Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organisation’s operations. It helps an organisation accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the…

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