Generally Legal Audit means that the company is dully abiding by
the overall guidelines and standards’ set by the law. Therefore, it
is very crucial for every single company to go through legal auditso that the company is healthy and there are no unnecessary
Foremost, the employee of the company completes a questionnaire that includes general details. This in turn will help the employee to modify the process as per their requirement by saving time and resources. For instance, the legal audit for the IT firm is different to the audit of the construction company. holders and obligations such as permits, business registration and licenses.
Employment documents such as agreements, disciplinary measures,training, termination statements, etc.,
are examined.
A. Corporate Issues
These issues consists of company charter examination by registries of administration, regulatory body, stock These are issues to do with functioning documents and updated internal documents. bugs in the system.
B. Contractual Issues
This is where employment, partnership, distributors, licensing, facility,equipment, leasing, warranty and
sales issues are examined. Secondly, relevant company documents required by the auditors are pulls up to aid in the process. Depending on the nature of business, the process will generally examine the business as follows;
C. Labour Issues
Employment documents such as agreements, disciplinary measures, training, termination statements, etc.,
are examined.
D. Tax Issues
These are issues to do with functioning documents and updated internal documents.
E. Publicity Issues
Promotion related documents like sales aid, website contents, press releases, trademarks, marketing
documents, copyright, product descriptions and so on are examined.