Before you can make informed decisions to grow and develop your business, you need to identify the risks. Our Risk Assurance Team can help you make the right decisions.
We can provide specialist, completely independent advice to senior management to assist them in reviewing and updating their business risk management processes.
We have experience in performing this work for both commercial and not-for-profit organisations. In particular, we can provide advice on and/or assist with:
- Identifying risks.
- Assessing the level of each risk.
- Developing steps to mitigate the risks.
- Monitoring the risks.
- Developing reporting of risks.
- Drawing up a risk register.
A risk assurance assignment requires an in-depth understanding of an organisation’s business and processes, and consequently it can sit neatly alongside a statutory audit assignment.
Typical outputs of a risk assurance assignment include risk registers and reports to senior management on the risk profile of their business, including practical examples of how risks are mitigated in similar businesses, derived from our extensive experience in this arena.