As the result of unparallelled experience and exhaustive research, the legal team at SRC has developed and utilized a unique and powerful vehicle for implementing and maintaining the requirements for proof of Due Diligence – The Fourteen Point Formula.

The Fourteen Point Formula provides a highly effective framework which allows organizations to utilize good risk management practices already in place and to organize them into a manual which maximizes proof of accountability.

The Fourteen Point Audit features an in-depth review of our clients’ current practices by highly trained professional members of organization and the provision of a comprehensive Strategic Gap Analysis of what is needed to attain compliance with the requirements of the Fourteen Points.

Unlike most audits, which can be “ticking time bombs”, identifying prejudicial shortcomings and accessible to third parties, SRC’s Fourteen Point Audit features a legal opinion which outlines needed future improvements in a format providing for confidentiality through solicitor and client privilege.

Depending upon the nature and extent of the risk and the audit, a pro forma Due Diligence Manual is available to catalogue what is properly in place.

Once the Gap Analysis is reviewed, steps can be taken towards full compliance and eventual SRC Certification.