Understanding your risk exposure can play a critical role in unlocking valuable insights into your business. As an independent auditor, Chronos can give assurance over information used and assumptions made for key decisions in corporate business management, operations or back office. The activities carried out by our consultants will review accuracy and completeness of information used and provide assurance over other business value drivers such as governance, risk, internal controls and KPIs. Holding benchmarked, verified and credible information will enable used and provide assurance over other business value drivers such as governance, risk, internal controls and KPIs. Holding benchmarked, verified and credible information will enable the organisation to make good strategic decisions.
With dramatic changes occurring frequently in the compliance landscape businesses need to ensure they meet regulatory, industry and self-regulatory standards. Failing to be compliant can have a ripple effect to licences and risk profile of the entire business. Chronos’ advisory capability provides tangible actions for our clients to ensure they stay at the forefront of any regulatory compliance changes and are aware of market reforms in specific sectors with particular expertise in the gas and electricity markets including National Gas Rules, National Energy Guarantee, COAG Gas Supply Strategy, ACCC gas market, development of rules and guidelines by the regulators including rate of return and financial reporting guidelines.
We are also assisting our clients including private businesses, government agencies and policy makers to ensure critical infrastructure is equipped to comply with legislative reforms and manage asset security risks.