What Is a Risk Advisory?

What are the benefits of using our Risk Advisory services?

Some of the Risk Advisory services we offer are:-

• Fraud investigation services:- We help you detect, prevent and investigate frauds and misconducts that may harm your financial position, reputation or operations. We use advanced tools and techniques such as digital forensics, data analytics, fraud examination, etc. to uncover the facts and evidence behind fraud allegations or suspicions.
• ICFR assessment services:- Internal controls over financial reporting or ICFR in accordance with the applicable standards and regulations such as SOX, COSO, etc. We also help you design, implement and test your ICFR framework to ensure its adequacy and reliability.
• Management Reporting solutions:- Improve your management reporting process by optimising your consolidation process, implementing consolidation software, enhancing your data quality and governance, etc. We also help you design and develop dashboards, analytics and reports that provide meaningful insights into your financial performance and position.
• ERM consulting services:- We help you develop and implement an enterprise risk management or ERM strategy that aligns with your business objectives, risk appetite and culture. We also help you identify, analyze, evaluate and mitigate your key risks across your organisation. We also help you monitor and report on your risk profile and performance using ERM tools and frameworks.
• AML compliance solutions:- Comply with the anti-money laundering or AML regulations and requirements that apply to your business activities. We also help you prevent, detect and report any suspicious transactions or activities that may indicate money laundering or terrorist financing. We provide AML due diligence, transaction monitoring, compliance audits, etc.
• ABC policy development:- Develop an anti-bribery and corruption or ABC policy that reflects your commitment to ethical conduct and compliance with the relevant laws and regulations. We also help you implement and enforce your ABC policy across your organization through ABC due diligence, investigations, audits, etc.
• BCP consulting services:- Prepare for any potential disruptions or crises that may affect your business continuity or recovery. We help you develop a business continuity plan or BCP that outlines the actions, resources and responsibilities required to resume your critical operations in the event of a disaster. We also help you test and update your BCP regularly to ensure its effectiveness.
• Reconciliation audit:- We help you verify the accuracy and completeness of your balance sheet reconciliation process by performing an independent audit of your reconciliations. We also help you identify any errors or discrepancies in your reconciliations that may impact your financial statements or audits. We also provide recommendations for improving your reconciliation process.