At RSM, we believe that unless the board and management fully understand the level of risk that the organisation is willing and able to take in pursuit of value creation, it will be difficult for the board to effectively fulfil its risk oversight role.
RSM’s methodology for risk management is based on the Risk Management Standards (ISO 31000) and is adapted to meet the specific needs of the client. This is implemented in five stages:
- Risk framework development
- Risk assessment and prioritisation
- Identification and effectiveness of existing controls
- Risk treatment and strategies
- Risk validation and monitoring
Our risk services include:
- Formulation of risk policies
- Establishment of ERM function
- Risk reporting framework
- Risk workshop and awareness session