Compliance in Data Governance
Business Reporting Standards 
BRS) refer to a set of guidelines and principles that govern the preparation and presentation of financial and non-financial
information in business reports
...Regulatory
Compliance: Adhering to BRS helps businesses comply with legal and regulatory requirements, reducing the risk of penalties
...Sustainable Practices: Non-financial reporting standards encourage businesses to disclose their environmental, social, and
governance (ESG) practices
...advanced technologies, such as artificial intelligence and blockchain, is expected to streamline reporting processes and enhance
data accuracy
...
Stakeholder Engagement Stakeholder engagement is a critical component of business strategy that
involves the systematic identification, analysis, and management of individuals or groups that can affect or are affected by a company's operations
...Compliance and
Governance: Engaging stakeholders ensures adherence to regulations and ethical standards
...various methods to engage stakeholders effectively: Surveys and Questionnaires: Collect quantitative and qualitative
data on stakeholder opinions and satisfaction
...
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