How to Create a Statutory Audit Checklist for Manufacturing Companies
A Statutory Audit is the authorized official inspection of a company’s accounts usually by an independent body. It is the audit of records of accounts of a company, according to the rules and requirements of an act or law, to guarantee fair and correct representation of the company’s financial [...]
Importance of Problem Solving Skills in the Workplace
Why is problem solving important? Good problem solving skills empower you not only in your personal life are critical in your professional life. In the current fast changing global economy, employers often identify common problem solving as crucial to the success of their organizations. For employees, problem solving can be [...]
Guide on How to Implement ISO 9001 for Small Businesses
In this growing competition, there is an increased demand of high quality and service on small businesses. The best way to enhance customer satisfaction is through implementation of a Quality Management System (QMS) in the industry, irrespective of its size. The implementation of ISO 9001 for small businesses is [...]
How to Do FMEA Analysis
Failure Mode and Effects Analysis (FMEA) is an organized methodology to determining possible failures that may occur within the design of a product or procedure. Failure Modes are the means in which a process can be unproductive while Effects are the means that these failures can lead to defects, [...]
Which Impact Assessment Tools to Use for Analysis
Impact assessment is the way of checking and mapping the activities of an organization as well as determining the importance of changes that are carried out due to those activities. It is a strong mean of communication between the external and internal environment of an organization. The purpose of [...]
How to Implement Risk Based Internal Auditing
Presently, the need to manage risks has become recognized as an important element of an effective company or business. This has placed many organizations under high pressure to recognize all the business risks they face and to clarify how they control them. One of the processes that are involved [...]





