Contract Risk and Compliance
Companies rarely go alone. Corporate growth and business success are increasingly supported through strategic alliances, partnerships and outsourcing arrangements. Many companies license their intellectual property to others. Many also use providers to develop, manufacture, market or sell their products.
Third Party Compliance audits assess whether key risks associated with the contracts concluded with third parties are identified and effectively addressed by the internal control infrastructure within the clients extended enterprise. Specifically, we can assess sufficiency of our clients’ design of controls and those of their business partners to mitigate key risks and support compliance with their contractual obligations.