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Each industry has different regulatory risks, and these challenging regulations are changing all the time. Sidestepping or ignoring complex regulations may affect other risk areas – such as fraud and technology risk – and lead to heavy fines, loss of internal control, and even prosecution.
Horwath Hussain Chaudhury & Co. can help you anticipate regulatory changes, develop pragmatic solutions, streamline compliance processes, and modify organizational structures. These efforts will improve the effectiveness of risk management, compliance, and internal audit.
Wherever your company is on the compliance journey, from cost reductions, performance improvement, and compliance aggregation to complete enterprise risk management (ERM), Horwath Hussain Chaudhury & Co. extensive experience in large and complex compliance engagements and readiness to respond to an organization’s rapidly expanding global regulatory needs can give you the edge you’ve been looking for.
Strong corporate governance promotes effective risk management. And strong risk management is the key to solid compliance. Although achieving world-class corporate governance may seem to be a complicated effort, it doesn’t have to be. A strong framework is the start.
We as member firm of Crowe Horwath International have helped in developing the Crowe Horwath Corporate Governance Framework™ to help organizations manage risks, identify gaps, and close these gaps for improved performance and stronger corporate governance.
Horwath Hussain Chaudhury & Co. view corporate governance as the systems and processes an organization has in place to protect and promote the interests of its diverse stakeholder groups.
We help companies analyze their systems and processes and present the information in a governance scorecard, which includes the seven components of governance and the maturity of the governance process. This high-level analysis has proved meaningful to companies and boards of directors and helped them gauge governance strengths and identify areas for improvement. This methodology helps organizations:
Identify current governance processes where business risks are not being mitigated effectively;