Governance, Risk, Compliance & Internal Audit Services

At Sync, we specialize in Governance, Risk, Compliance (GRC), and Internal Audit services, helping organizations navigate complex regulatory landscapes, mitigate risks, and enhance operational efficiency. Our team of seasoned experts provides tailored solutions that strengthen corporate governance, ensure regulatory compliance, and optimize risk management frameworks. With a client-centric approach, we deliver strategic insights, robust controls, and best-in-class internal audit practices to empower businesses in achieving sustainable growth. We are committed to providing innovative and practical solutions to safeguard your organization’s integrity and success. Partner with us to build a resilient, compliant, and future-ready enterprise.

1. Corporate Governance

Corporate Governance Assessment and Enhancement:

We evaluate the maturity of current Corporate Governance practices and propose eﬀective enhancements and implementation roadmap. We would also assist in the implementation of the roadmap activities.

Develop/Updated Corporate Governance Framework:

We develop a robust Corporate Governance framework, policies, and charters (e.g. Board of Directors Manual, Board’s & Management Committees Charters, Conflict of interest policy, code of conduct, disclosure & transparency policies, etc.) tailored to your strategic objectives, regulatory standards, and leading practices. We also offer a review of your existing corporate governance framework and documents to recommend improvements that bring them in line with leading practices and regulatory requirements..

Board Eﬀectiveness Evaluation:

We assess the eﬃciency of the Board of Directors and its Committees in fulﬁllingtheir oversight responsibilities.

Stakeholder Coordination and Reporting:

We coordinate with stakeholders to meet reporting and disclosure requirements for the Board of Directors and Audit Committee, including for example annual and quarterly disclosure reports.

Delegation of Authority Optimization:

We design and optimize detailed Delegation of authority matrices and policies that streamline operations, improve the control environment, and enhance accountability across your organization.

2. Internal Audit (IA)

Optimize IA Structure and Governance:

Establish or transform your IA function to align with IIA’s Global Internal Audit standards and regulatory requirements, including the preparation of the Internal Audit Strategy, Internal Audit Manual as well as Internal Audit Charter.

Risk assessment:

Perform a comprehensive Internal audit risk assessment to identify, evaluate, and mitigate risks, laying the groundwork for designing an eﬀective strategic and agile internal audit plan.

Develop Strategic Audit Plans:

Create both strategic and agile continuous monitoring internal audit plans based on an effective risk assessment approach.

Outsourced / Co-sourced IA activities:

Provide the needed expert management (i.e. internal audit

resources and subject matter experts) solutions to your IA function to bridge the resource gaps throughout the internal audit cycle from planning to reporting to ensure optimal eﬃciency and results.

Benchmark and Enhance IA Function:

Assess your IA function's maturity and performance against IIA’s Global Internal Audit standards (Internal Audit Quality Assurance and Improvement Programs) and desired leading practices, identify gaps and areas for improvements.

Foster IA Understanding:

Conduct targeted training sessions for IA teams, governing bodies, and executive management to ensure alignment with IA goals and enhance overall internal audit performance.

3. Enterprise Risk Management (ERM)

ERM Establishment & Transformation: Design and implement a tailored ERM framework, or optimize your existing function, ensuring alignment with relevant regulatory requirements and your organization's unique risk proﬁle.

ERM Execution: Provide expert support in the ongoing execution of your ERM program, including risk identiﬁcation, assessment, mitigation, and monitoring.

ERM Outsourcing/Co-sourcing: Oﬀer ﬂexible solutions for managing your ERM function, either through full outsourcing or a collaborative co-sourcing model for seamless integration with your team.

ERM Maturity Assessment: Conduct a comprehensive evaluation of your organization's ERM practices, identifying strengths and areas for improvement.

4 Policies & Processes Solutions

We understand the critical role that well-deﬁned policies and processes play in the success of any organization. Our expertise lies in crafting clear, eﬀective, and tailored ﬁnancial and operational policies and processes that align with your operational goals and regulatory requirements.

Tailored Policies and Procedures Manuals: We design eﬀective policies and process manuals covering the core and support functions of your organization. These manuals are customized to the
unique needs of your organization, regulatory
requirements, and leading industry practices.

Collaborative Approach: Our expert team works closely with your stakeholders to understand your operational goals and regulatory requirements.

Enhanced Controls Environment: We create robust policies and process manuals that ensure compliance, strengthen internal controls, and mitigate risks.

Sustainable Practices: Whether establishing new policies & procedures manuals or updating your existing ones, we deliver precise and eﬀective solutions for long-term success.

5. Compliance Services

At Sync, we build a robust compliance governance framework that helps your organization navigate the regulatory landscape with confidence. Our services ensure your business stays aligned with laws and regulations, minimizing risks and fostering long-term success.

Our Comprehensive Compliance Solutions:

Compliance Function set-up

We design a compliance governance framework with clear roles and responsibilities, ensuring seamless adherence to relevant laws, regulations, and internal policies. Our approach includes the development of a tailored compliance charter, compliance manual, compliance monitoring programs & checklists to effectively track and manage compliance matters.

Compliance Function Assessment & Improvement

We assess current compliance practices at your organization, identify gaps, and provide actionable recommendations to enhance compliance and ensure full adherence to applicable regulations. Based on our findings, we then develop a clear improvement roadmap that outlines specific activities, timelines, and responsibilities, ensuring a structured approach to strengthening your compliance function.

Compliance Execution & Reporting (Outsourcing/Co-sourcing)

We offer expert support in the ongoing execution of your compliance programs through outsourcing or co-sourcing solutions, ensuring that your compliance efforts are efficiently carried out. Our services include continuous compliance monitoring and reporting to senior management, the respective Board’s committee and other stakeholders.

6. IPO Readiness Assessment

We help organizations throughout the IPO journey by:

IPO Readiness Assessment and Recommendations:

Assessing key governance areas for Initial Public Oﬀering (IPO) readiness and identifying critical gaps.
Develop actionable recommendations and a roadmap to addressidentiﬁed gaps.

Implementation Support and Priority Setting:

Conducting workshops for senior management to prioritize implementation activities.
Overseeing and managing the implementation of the roadmap through Project Management Oﬃce (PMO) services.

Audit and Financial Reporting Advisory:

Advising on statutory audit requirements and ﬁnancial reporting compliance.
Preparing ﬁnancial statements in alignment with relevant accounting standards.

Corporate Governance Establishment:

Establishing a robust corporate governance framework, charters, and policies with clearly deﬁned roles and responsibilities in line with applicable regulatory requirements.

IPO Document Due Diligence:

Conducting due diligence to ensure the accuracy and completeness of information for the IPO process.