Compliance Procedures to Protect and Strengthen Stake Holders

Question: Discuss about theCompliance Procedures to Protect and Strengthen Stake Holders. Answer: Introduction: Compliance Procedures Adequate to Strengthen Stakeholders There are several key aspects to having an active process to enhance and protect external and internal stakeholders. The most important tool is to have a cooperate toolbox which is to be in direct assistance on the internal controls. Equally important is also to have the compliance attitude in escalation towards strengthening the relationship between the stakeholders with an inclusion of external and internal stakeholders. (Reynolds et.al, 2016). While the culture is responsible for the senior managerial conduct, the board of directors of the compliance team should have essential promoting goals on ethical and transparency auditing. Audit Interactions Review interactions will play a beneficial role in explaining the actual manipulation of the stakeholders. (Tucker et.al, 2016). The first part in strengthening internal controls will have an involvement in changing the attitude some speakers towards the auditing section. It can be in the imposition by identifying stakeholders who are breaking the rules and personal, professional success in consideration.In so doing a reinforcement will be at establishing the auditor's role to find out the corporate issues to be able to give a valuable to the organization's corporate information. Communication One way of having a trust over all the companies stakeholders it is to have an improvement in the communication section. (Shfiu et.al, 2016). For instance, there is a situational approval to have this work and it is the essential awareness of the stakeholders on how the organization is at a point. When they are unaware of major events taking place, then it possesses a problematic as this will cause a break in the flow of information. Thus hard managerial problems. Conclusion In conclusion, to have the other prospects in incorporation to allow continuity of information among stakeholders will have an effect in controlling the organization. (Reynolds et.al, 2016). Internal stakeholders have a general acquaintance to be a valuable tool to be in combination to have reliable, secure platforms for information. References Reynolds, R. F., Kurz, X., Groot, M. C., Schlienger, R. G., Grimaldià ¢Ã¢â€š ¬Ã‚ Bensouda, L., Tchernyà ¢Ã¢â€š ¬Ã‚  Lessenot, S., Klungel, O. H. (2016). The IMI PROTECT project: purpose, organizational structure, and procedures.Pharmacoepidemiology and drug safety,25(S1), 5-10. Shafiu, I., Wang, W. Y. C., Singh, H. (2016). Information security compliance behaviour of supply hain stakeholders: influences and differences.International Journal of Information Systems and Supply Chain Management (IJISSCM),9(1), 1-16. Tucker, P. D., Anderson, E., Reynolds, A. L., Mawhinney, H. (2016). Analysis of Evidence Supporting the Educational Leadership Constituent Council 2011 Educational Leadership Program Standards.Journal of Research on Leadership Education,11(1), 91-119.