1. INFORMATION
    1. Compliance Owners: Basant Abraham & Sunny Shah
    2. Team Members: Internal Audit Team
    3. Purpose: To establish & run Audit processes to safeguard PH Statutory Compliances
    4. Key Stakeholders: Mehul Shah, Priyanshu Singh, Vaibhav Ashtaputre
  2. GOALS
  3. REQUIREMENTS
    1. KNOWLEDGE - Gained
    2. BANDWIDTH - Available
    3. ACCESS & APPROVALS - In Progress
  4. SCHEDULE
    1. PHASE 1
      1. TOP PRIORITIES: Knowledge on Statutory Laws
      2. STATUS: Completed
    2. MILESTONE 1
    3. PHASE 2
      1. TOP PRIORITIES: Process Mapping
      2. STATUS: In Progress
    4. MILESTONE 2
    5. PHASE 3
      1. TOP PRIORITIES: Mehul's sign-off & Approval to start
      2. STATUS: Pending
    6. MILESTONE 3
  5. ACTUAL PROGRESS
    1. TASKS DONE: Research work on Statutory Compliances
    2. TASKS CANCELED: NA
    3. TASKS DELAYED: NA
    4. TASKS ON HOLD: NA
    5. TASKS IN PROGRESS: Process Mapping
  6. RISK
    1. RISK 1
      1. SSS, PHIC, HD Non Compliance
      2. SEVERITY: Closure of Business
      3. Probability: Moderate
      4. LIKELIHOOD OF PRIOR DETECTION: 100% with Pro-active Audit Approach
      5. PROPOSED SOLUTIONS: To Audit enrollment and Eligibility to work Status Audit (Visa validation).
    2. RISK 2
      1. Other Statutory Compliances
      2. SEVERITY: Penalties with interest
      3. PROBABILITY: Moderate
      4. LIKELIHOOD OF PRIOR DETECTION: 100% with Pro-active Audit Approach
      5. PROPOSED SOLUTIONS: Refer to detailed Process Map
  7. To be 100% Compliant with Statutory Compliances of Philippines