Compliance Audit: Ensuring Transparency and Corporate Integrity
In today’s business environment, transparency and compliance are essential to maintaining the trust of clients, partners, and shareholders.
At JyM Contadores, our Compliance Audit service is designed to help organizations verify adherence to internal and external regulations, detect potential risks, and strengthen corporate governance.
With more than 35 years of auditing experience, we are recognized leaders in Colombia’s financial and regulatory landscape, committed to helping our clients operate with integrity, security, and confidence.
Regulatory Compliance
Ensure compliance. Avoid penalties.
Our compliance audit enables you to confirm that your company meets all applicable legal and regulatory requirements —avoiding fines, sanctions, and reputational risks.
Through a comprehensive analysis, we identify non-compliance risks and deliver clear, actionable recommendations to ensure your organization operates within every required legal framework.
Risk Prevention
Detect and prevent potential risks.
Early detection and prevention of risks are essential to protect your company against fraud, corruption, and governance breaches.
Our compliance audit evaluates your internal controls and exposes potential vulnerabilities, providing practical strategies to mitigate them.
With our risk and control assessments, your company can operate confidently and transparently, minimizing exposure to financial or reputational damage.
Building Trust and Transparency
Strengthen confidence among stakeholders.
A compliance audit gives shareholders and executives a clear view of the company’s regulatory standing.
This increased transparency enhances stakeholder trust, improves decision-making, and supports long-term business sustainability.
By demonstrating commitment to ethical practices and full compliance, your company builds credibility and strengthens its corporate reputation.
Protecting Your Corporate Reputation
Compliance is not just about avoiding legal risks —it’s a long-term investment in credibility.
Preventing sanctions and identifying risks early help your business save resources and avoid costly remediation.
By proving that your company complies with all applicable laws and standards, you reinforce customer and partner confidence while safeguarding your corporate image.
Benefits of a Compliance Audit
- Tax and legal compliance: Avoid penalties and fines from authorities such as the DIAN. In 2021, over COP 2.5 trillion in fines were imposed for non-compliance.
- Anti-fraud and AML systems: Cases such as Grupo Bancolombia demonstrate that comprehensive compliance systems can reduce suspicious-activity alerts by more than 40%.
- Ethical governance: Companies like Codelco (Chile) implemented codes of conduct and whistleblowing channels that reduced corruption and conflict of interest cases.
- Labor and human rights compliance: Natura has been recognized among the best companies to work for in Latin America thanks to its commitment to employee well-being and regulatory transparency.