Regulatory Compliance Auditing

Why do an audit?

A Regulatory Compliance Audit is a vital process for organisations, serving as a critical safeguard against risks and ensuring adherence to industry regulations. By identifying areas of non-compliance and taking corrective actions, companies can mitigate financial losses and operational disruptions. Moreover, compliance audits play a vital role in enhancing stakeholder confidence, including customers, investors, and regulatory agencies, by demonstrating a commitment to ethical and responsible operations. Audits also facilitate operational efficiency improvements by streamlining processes and procedures. Through a culture of regular audits, organisations can foster a proactive approach to compliance, continuously improving their programs to stay ahead of evolving regulatory requirements. In essence, regulatory compliance audits are indispensable tools for ensuring legal adherence, managing risks, protecting reputation, and fostering a culture of compliance within organisation.

Did you know that Yordas offers a variety of auditing services that can assist you in fulfilling your compliance obligations?

We not only assist you in reviewing and adhering to legal and regulatory requirements, but we also assist you in meeting voluntary criteria such as sustainability certifications. Our consultants are experts in identifying areas where you can improve and helping you continue to do what you're doing well.

We understand that maintaining compliance can be a daunting task.

Yordas’ complete range of auditing services for your processes, product portfolio, and supply chain facilitates the continual improvement of your activities. We combine our knowledge of real-time compliance requirements with our horizon-scanning capabilities, to help you integrate upcoming requirements into your planning processes and shift your operations from a reactive approach to a proactive one.

Our Compliance Auditing Services

  • Global Regulations such as REACH, TSCA, Brazil REACH, AICIS, CLP, SDS, Sustainability, Product Stewardship, and Supply Chain Audits

  • Compliance assessments 

  • Gap analysis and risk assessments

  • Process and documentation reviews

  • Compliance training and advisory services

  • Audit programme development and implementation

Who can benefit from a compliance audit?

  • Companies with large product portfolios in multiple markets

  • Companies that have recently acquired other entities

  • Companies with high numbers of Hazard Communication documentation across manufacturing facilities in multiple markets

  • Companies that have to follow complicated regulatory processes worldwide

  • Companies seeking to obtain sustainability certifications (e.g., ISO 14001) or pursue ecolabels (e.g., EU Ecolabel) or sustainability reporting (GRI, CSRD). 

The scope of a compliance audit

It's important to have a clear idea about the scope of your audit. Each company is different with varying internal policies and rules, information, and technologies. Yordas audits are purpose-built to suit your company. We can help you think through:

  • the purpose and goals of each audit

  • the regulations in focus

  • the level of detail required

  • the best audit process (for example, in-person or remote)

Why Yordas?

Our compliance and regulatory auditing services can help you:

  • Identify and address areas of non-compliance and create opportunities for improvement

  • Improve your operational efficiency and effectiveness, while gaining greater confidence in your regulatory reporting and documentation.

  • Prepare for inspection and enforcement by engaging professional and interdisciplinary auditors to ensure comprehensive and objective assessments.

  • Gain recommendations for process improvements and best practices

Frequently Asked Questions

  • A compliance audit or gap analysis is a comprehensive review of the company’s current procedures and practices. The objective is to identify any discrepancies or potentially problematic practices that could result in non-compliance or increase the risk of such issues. This process typically involves the following key steps:

    • Preparation and planning

    • Data Collection and Review

    • Assessment and analysis

    • Reporting

    • Corrective action planning

    • Implementation support and ongoing oversight

  • The review frequently reveals specific areas where practices fail to meet regulatory standards or requirements. More often, the review will unveil discrepancies and misalignments in internal procedures. Additionally, it provides insight into weaknesses in existing controls or procedures that could lead to potential compliance risks.

  • The review results in a comprehensive report detailing the audit’s findings, including areas of compliance, recognised good practices, areas of non-compliance and observed risks. The report provides actionable insights and guidance or action plans to resolve identified issues.

    The review provides an analysis of the severity of various compliance-related risks and allows for prioritisation of the risks based on their impact on the organisation and immediate effect on operations.

  • No, as Yordas we cannot provide certifications. But we’ve supported many international companies having all the processes and documentation in place to gain the specific certifications.

  • At Yordas we work with an interdisciplinary and very experienced team, both in conducting audits and being responsible for audits when working in industry. Yordas audits are focused on preparing the organisation for potential external audits by regulatory bodies. They help you to refine your processes to more effectively mitigate risks and adapt to the dynamic landscape of regulatory requirements. Yordas’ audits offer the opportunity to streamline and improve business processes for better efficiency and compliance.

Connect With Our Experts

If you have any additional questions about our regulatory auditing service, please do not hesitate to contact us. We are committed to helping your organisation achieve its regulatory goals and look forward to working with you. Thank you for considering our auditing service!