Secretarial Audit Compliances and its Benefits
The secretarial audit is a part of compliance wherein the Government of India identifies its necessity by rewarding it with the due statutory acknowledgment of such an audit. Further, companies must carry out secretarial audits on their own which ensures that there is no violation, contradiction of any law and all the compliances relating to top management and business are compiled timely. Usually, Secretarial audit compliances is carried out to protect the business with upcoming risks and internal audit so that no loophole makes a business accountable for not being complied with the latest laws. Benefits of the Secretarial Audit: It is carried out to make sure that the business activities and management of work are done following the statutory needs and the business is in a safe mode of working. To ensure that the one’s handling duties are carrying out their functions as directed and there is no violation of any rule/regulation. Make sure that all the compliances of busi...