Risk Management 

We all understand that any organization needs to maintain robust, Risk Management, Compliance and IT Governance frameworks to safeguard assets and ensure financial/operational integrity. However, many companies fail to regularly assess the effectiveness, business necessity and compliance of these frameworks throughout the year, which can lead to poor decision-making and increased vulnerabilities.

Our Risk Management and Compliance services include:

  • Ensure the internal control framework complies with industry standards and aligns with COSO’s Enterprise Risk Management guidelines, addressing both financial and operational risks critical to the organization’s success.
  • Identify and assess enterprise-wide risks that could threaten the company’s long-term viability. Identify controls to mitigate these existential risks beyond just financial reporting.
  • Test and validate critical operational, financial, and compliance controls to ensure they function as designed, protecting the company from fraud, inefficiencies, and risks that could disrupt core business operations or regulatory compliance.
  • Conduct walkthroughs of critical business processes to test controls, identify any significant deficiencies or weaknesses, and recommend remediation action plans. Focus on mitigating risks that could lead to material misstatements, regulatory penalties, or operational breakdowns.
  • Perform comprehensive enterprise risk assessments that evaluate the effectiveness of internal controls across all areas of the business—financial, operational, regulatory, and strategic. 
  • Collaborate with management to develop and refine policies, procedures, and risk control matrices. Compare them to industry best practices, emphasizing operational efficiency and reducing unnecessary work streams to optimize productivity and resource allocation.

Our IT Governance services include:

Provide IT and cybersecurity support services focused on technology assessments and strategic realignments. This includes evaluating risk appetite, identifying resource and technology gaps or technical debt, and addressing regulatory compliance needs. Services span initial qualification, due diligence, transition, integration, strategic planning, restructuring, post-acquisition operations, and fractional CIO/CTO management support for effective leadership augmentation.