GOVERNANCE, RISK AND COMPLIANCE

With growing regulatory requirements, business complexity and increased focus on accountability, organisations need to focus on and invest in good governance and strong risk management.

The main goal of TSS Advisory and Assurance is to assist organisations to comply by assessing the controls within the organisation and improving the Governance, Risk and Compliance (GRC) processes.

Some of the services provided by our firm include (but not limited to);

1. Provide advisory on frameworks, systems and processes and mechanisms that will enable and hold management of the organisation to account.
2. Provide business process improvement review that will enhance the control environment and improve efficiencies in the business operations business process review and improvement.
3. Provide independent and objective review of the annual financial statement to assess compliance with laws and regulations.
4. Evaluate the adequacy and effectiveness of internal controls over financial reporting and the related key operational controls in the organisation. Evaluate the reliability and integrity of financial information to ascertain whether;
   • There is compliance with applicable laws, regulations, policies, and procedures.
   • There is efficiency and effectiveness in the current processes with focus on financial internal controls that have an impact on financial reporting.
   • Disclosures that in the financial statement are compliant with the relevant accounting standards.
5. Reviews risk compliance profile, identify risks and assist with implementing risk management framework/strategy.