State corporations in Kenya operate under the MWONGOZO Code of Governance, and governance audits against the Code are now a fixture of oversight for boards, the State Corporations Advisory Committee, and other stakeholders. Boards that understand the audit’s scope convert it from a compliance exercise into a governance tool.
What does a MWONGOZO governance audit examine?
- Board composition, induction, and performance evaluation
- Separation of board and management roles, and delegation frameworks
- Internal control and audit systems, including risk management
- Stakeholder relations, transparency, and disclosure practices
- Compliance with statutory obligations and the Code’s leadership and integrity provisions
Who conducts the audit, and what happens after?
Corporations may commission independent consultants or be audited under oversight processes. Findings typically culminate in a report with graded recommendations and a remediation plan. Boards should treat the remediation plan as the real deliverable: sequenced actions, assigned owners, and board-level tracking.
Our governance team, led by a Certified Public Secretary with corporate practice experience, conducts governance audits and advisory in Nairobi aligned to MWONGOZO and international best practice. Contact us to discuss your entity’s audit readiness.