Risk Assurance Services
All businesses face risks which could range from unexpected personnel problems, machinery breakdowns to total business disruption. Companies should continually re-evaluate risk management procedures including anticipating risks, assessing the effectiveness of internal controls to respond to such risks, and identifying weaknesses on a timely basis. By successfully balancing risk and control, organisations can significantly enhance the value delivered to stakeholders.
RSM International established regional Centres of Excellence provide member firms with a full range of risk assurance services. These Centres pull together specialists from various countries to serve the client in the way that best meets the specific service needs of the engagement.
At RSM Ashvir Consulting Ltd we offer the following solutions:
|
| • |
Internal audit:
Internal audit is an oversight function, an independent appraisal activity established within an organisation, and through an Audit Committee, provides assurance to the shareholders, board and management by reporting on the effectiveness of the internal controls; reliability of the management information systems; management and control of the organisation's assets; and compliance with applicable legislation and regulations. We provide internal audit solutions which range from the total outsourcing of the internal audit function to outsourcing its supervision or setting out an independent internal audit function. This is extended to advising clients to make effective use of data mining tools and computer assisted auditing techniques.
|
| • |
Sarbanes-Oxley consulting:
SOX requirements are increasingly regarded as "best practices" and organisations that adopt them are more desirable business partners and donation recipients. We can provide your organisation with a variety of SOX services that range from an initial risk assessment and executive education to ongoing support as you face annual testing and review requirements.
|
| • |
Risk surveys:
The survey involves undertaking a strategic review of the current and potential risks applicable to each business area. The survey provides two deliverables: the risk applicable to the operational area and the control which addresses the risk.
|
