Part 2: How To Optimise Compliance Auditing With An Online Sampling Tool

Business women holding tablet

In Part 1 in this 3-part series on statistical compliance auditing I outline why enterprises should avoid using ad-hoc and rule-of-thumb methods to determine the sample-size requirements for their compliance audits and instead use tried-and-tested statistical sampling methods. I also outlined how anyone with a basic understanding of some simple statistical terms and concepts, and help from an online…

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How Prepared Are You For A Compliance Audit in 2022?

2021 has been a challenging year.  One, many of us would like to forget.  Given all the disruption caused by COVID-19 this year, business managers would be forgiven for putting their feet up over this holiday period and taking a well-earned rest.  But, as someone famous once said, “life must go on”.  It’s back to business-as-normal in 2022 for…

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How To Build An Integrated Compliance Management Framework In 6 Steps

Over the past two decades, enterprises worldwide have experienced significant increases in their regulatory oversight and reporting obligations. At the same time penalties for non-compliance have increased to the point where they can seriously affect an enterprise’s reputation and viability. In 2014 many of the maximum penalties under the Protection of the Environment Operations Act, 1997 (NSW) were increased…

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4 Tips to Reduce Compliance Stress

Here are 4 tips I’ve put together to help board-members and executives reduce the high stress levels being experienced by their compliance personnel. Over the past two decades enterprises large and small have experienced a significant increase significant increase in government laws and regulations, regulatory oversight, higher penalties and fines for non-compliance and more stringent reporting requirements. Little wonder…

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Compliance Master