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Governance, risk and compliance
Governance, risk and compliance
Sharma & Sharma Advocates & Legal Consultants provide Governance, risk and compliance (GRC) is the term used to describe an organization’s approach to managing its legal, financial and operational risks. Organizations face a variety of risks, from the risks associated with their day-to-day operations to the risks associated with major strategic decisions. Managing these risks effectively is essential to the success of the organization. GRC encompasses a wide range of activities, from the development of policies and procedures to the implementation of controls and the monitoring of compliance. It is a continuous process that should be embedded into the culture of the organization.