Provision 29: Are You Audit Ready or Just Lucky?
Audit readiness is not a one-off event. Comply with Provision 29 or face the consequences.
Provision 29 of the UK Corporate Governance Code is not a suggestion. It is a mandate for boards to monitor and review the effectiveness of their risk management and internal control systems. If you cannot prove your controls work, you are not compliant. You are just lucky.
Audit readiness is not something you "do" once a year before the external auditors arrive. It is a continuous state of commercial vigilance. Many organisations rely on outdated manuals and hope. Hope is not a control.
The board must provide a declaration of the effectiveness of material controls. If your internal data is fragmented, that declaration is a liability. You need a single source of truth that stands up to Lead Auditor grade scrutiny.
Simplif-i turns GRC from a compliance burden into a commercial advantage. Verify your controls, protect your board, and ensure you are audit ready every single day.
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