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Secretarial Audit is to check whether the company is in compliance with legislations applicable such as the Companies Act, and other corporate and economic laws.Compliance management refers to the art of ensuring that compliances of laws, rules and regulations have been made in the most effective and efficient manner. It is about how well a corporate entity ensures that it is complaint in all legal and secretarial matters.Before entering into an agreement or contract with another party, you need to act with a certain standard of care. This exercise of care is known as due diligence.
Compliance Management – the Primary responsibility of a company secretary is to ensure the development and implementation of the compliance framework in a company.Secretarial Audit and Due Diligence – A new area of practice for company secretaries is to function as a secretarial auditor. As such, you need to know how to conduct & prepare secretarial audit reports for listed and public companies
The topics covered in Secretarial Audit, Compliance Management and Due Diligence at CS Professional Level
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