The need for risk assurance services is also rising as companies realise that positive risk management can add value and help create a performance culture.
Risk management will assist management and governance to:
Improve the identification of opportunities and threats.
Further develop the governance and control frameworks within your organisation.
Help your organisation operate efficiently and contribute to improved performance.
Aid decision making and planning by accounting for uncertainty and assessment of actions that may or may not have taken place.
At RSM, we specialise in managing risk. We have a comprehensive range of risk management services designed to bring a new perspective to complicated issues within an organisation which include:
Risk management consultancy: This involves undertaking a strategic review of the current and potential risks applicable to each business area and developing controls which addresses the risk.
An extension of the risk management services is forensic services, which involves providing an independent, proactive and a responsive service where facts, financial data or people behaviour do not conform to expectations. Our team is innovative and flexible, placing great emphasis on value-added benefits. Services provided include:
Investigations whereby our diverse team of investigators, forensic accountants and other professionals conduct both large and small investigations involving allegations of fraud; investigate alleged financial statement manipulation; investigate electronic records using some latest forensic technology; and gather and document facts and findings coherently and comprehensively.
Fraud and misconduct diagnostics thereby helping organisations to protect value in their business through an effective analysis of fraud and misconduct risk. Using a flexible diagnostic methodology, we look at culture, ethics, management and rewards structures, communications and controls to assess whether aspects of your business environment are particularly conducive to fraud and misconduct.
Procurement fraud assessment which involves assessing the strengths and controls over the procurement process or to verify representations made by organisations and individuals with whom you conduct business transactions.