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Join our Franchise Programme GRC Controllers are now offering business opportunities in consulting, training and compliance products for regional European countries as part of our GRC franchise programme. We seek entrepreneurs and motivated compliance professionals. We will provide the entire range of GRC tools and templates to individuals and/or companies who are looking for the opportunity of running and developing their own GRC compliance consultancy with the support of GRC Controllers and our Compliance Product division. Click here to register your interest. Eurosox talk in Oslo Managing partner Kersi Porbunderwalla gave a talk about the implications of Eurosox for Norwegian companies in Oslo 14.2.2007. We encourage you to download the invitation (61 KB, PDF) and the presentation (344 KB, PDF). Both files are in Norwegian. Company profile You can read more about us here and get an overview of our related sites here. Memberships We are are proud to a member of the Association of Certified Fraud Examiners   |
Compliance
The term compliance is defined as an audit for monitoring the legal environment of a company, and for advising its board according to the outcome of the monitoring. Compliance is the process of adhering to a set of established guidelines or rules established by external bodies such as government agencies, frameworks or by internal corporate policies. CopenhagenCompliance® focuses on all Major European and international Compliance, Risk and Governance issues. This is your opportunity to focus on the issues that are important to your organization. Copenhagen Compliance will provide new strategies for handling enterprise Compliance Risk and Governance management, EuroSox, IT security & controls, Best practices, Sarbanes-Oxley, Internal Controls, ethics and integrity, corporate governance, and more. All business enterprises are encumbered with various risks. One of the latest is methods of reducing risks is thru compliance. Compliance activities can considerably reduce the risk in business activities. Implementing Compliance and Internal Controls strengthens competition and market position. Compliance performance make encounters with stakeholders and other international market players a lot easier. Compliance activity first appeared in financial institutions and the pharmaceutical industry. They have traditionally understood the importance of ensuring the compliance of their activities with existing law and minimizing the risk of causing disturbances in that area. The advantages of compliance are now appreciated by more and more world's large production and service companies and the size of compliance services grows. Other compliance terms include prevention, correction activities, and support for the monitored company during any legal procedures, building of structures and creating of procedures. Compliance spending after Sarbanes-Oxley implementation is rising at an unsustainable rate. Nevertheless the big question remains, whether the money spent is really reducing the risk of compliance violations. CopenhagenCompliance® will provide the answers. |
   A journey in good corporate governance On November 2, 2007, Børsen, a Danish daily newspaper, published an article entitled En rejse i god selskabsledelse af Kersi Porbunderwalla. What does an IT manager need to know about GRC? At the IDC IT Security conference in Copenhagen 25. September, Kersi Porbunderwalla from Controllers Aps gave a presentation about what an IT Manager needs to know about Governance, Risk and Compliance. GRC Checklists An effective compliance program has to be consistent with the size, complexity, range of operation and organization of a company. A one-size-fits-all or a top-down check list approach, that treats all Governance, Risks or Compliance (GRC) issues as being equal, is not a solution. The checklists are designed only to provide indications that a "canaries in a coal mine" does. Please feel free to download our checklists for improving Corporate Governance policies, conducting Risk Assessment based on COSO definitions, and implementing Compliance activities in your company. EuroSox: A Brief Overview EuroSox is the nickname of a set of EU directives that corresponds to the American Sarbanes-Oxley (SOX) Act. A supplement to the overview is available here. Will EuroSox also be a regulatory overreach? Managing partner in GRC Controllers, Kersi F. Porbunderwalla, will be presenting the paper "Will EuroSox also be a regulatory overreach, as its American counterpart SOX?" at the Winter 2008 Hawaii Global Conference on Business and Finance. The conference will be held January 9-12, 2008 at the Sheraton Waikiki Hotel, Honolulu, Hawaii. An abstract of the paper is available here. Additional information about the conference is available here. |