This guide has been compiled by ICAEW’s Business and Management Faculty and Business Law Department and is for internal auditors to assess whether the organisation has taken sufficient steps to address potential financial, regulatory, reputational, operational or strategic risk arising from the organisation’s supply chain. It is aimed primarily at those organisations who are required to complete a s54 statement. Where an organisation does not have an internal audit function (or voluntarily prepares a s54 statement) the principles and actions outlined in this guide can be adopted by the management team to ensure best practice.
Other guides in the series provide more detailed advice on the legislation itself and its requirements as well as advice on how draft a statement and spot modern slavery in supply chains, and are available on our modern slavery hub.
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This is only available to Business and Management Faculty members.
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To read the complete guide, join the Business and Management Faculty and get access to this guide in full, plus all future publications, events and services.
The guide does not constitute legal advice and if in doubt members are advised to seek independent legal advice.