Risk Assurance and Internal Audit Services

Risk is unavoidable – but our Risk Assurance and Internal Audit team can ensure that it’s managed effectively to help your business succeed.

Your business can encounter a host of risks and difficulties that can affect growth and create inefficiencies in your operations. If these risks become reality, they can impact all aspects of your organisation and significantly compromise its viability.

Whilst complete control over every risk is impossible, your business needs robust and effective internal controls and governance to ensure you’re equipped to weather any challenges. Our Risk Assurance and Internal Audit team can help you proactively identify and implement controls to mitigate both existing and emerging risks.

Strong internal controls also play a vital role in ensuring you can accomplish your goals and objectives, facilitating the success of your business. Having these controls in place also increases the trust your stakeholders can place on your external reporting.

Risks your business may face

Examples of risks which could negatively impact your business include:

• Business interruption (this could be IT system disruptions such as a cyber attack or a natural disaster such as fire or flood)
• Changes in legislation and regulation (such as ESG (Environmental, Social and Governance), Consumer Duty, SAO (Senior Accounting Officer), or CCO (Corporate Criminal Offence)).
• Recruitment shortages
• Macroeconomic downturns (e.g. a decline in economic activity, indicated by factors such as rising interest rates and inflation)

Effective risk management strategies will help your business not only survive, but also build resilience against future risks and unforeseen challenges.

A sure foot and a steady hand: How we help

Our Risk Assurance and Internal Audit team provides assurance and advisory services aimed at identifying and maximising opportunities for your business. Our risk assurance and advisory specialists offer independent and objective advice which adds value and improves your organisation's operations.

We help Executives and Directors of organisations find solutions to the following challenges:

• How to take a proactive approach in recognising emerging risks and areas where the organisational capabilities may be lacking.
• How to deliver actionable insights that add value in a cost-effective manner.
• How to establish a vision for an Internal Audit function that connects sector and technology expertise to mitigate current and emerging risks.

We’ll help you protect your business reputation by designing and implementing practical risk management solutions. We can support you in creating an optimised risk and governance framework, which aligns with your regulatory responsibilities and governance strategy.

Tailored to you

We understand that one size doesn’t fit all businesses all the time.

Our assurance approach is flexible, adaptable, and designed to be proportionate and scalable according to the unique needs of your organisation.

We will review the design and effectiveness of your existing controls, then provide you with solutions that work for your organisation. We offer controls assurance services such as “Review and Recommend” to ensure your risks are effectively mitigated in cost-effective way.

Our services

We cover all the major areas of risk management including:

• Process & Controls Reviews                                     
• Internal Audit Services                                            
• Corporate Governance Reviews                                
• ESG Services                                                          
• Third Party Risk Assurance                                        
• Technology Assurance Services                                

Our team

Our Risk Assurance and Internal Audit team has a wealth of experience in risk assurance and advisory services, gained across a wide variety of sectors.

The team comprises chartered accountants, qualified internal audit practitioners and regulatory consultants. Our in-depth knowledge and experience of working with a range of businesses allows us to provide technical and commercial insight to help your business succeed.

Get in touch

To find out more about our Risk Assurance and Internal Audit Services, or for an initial discussion about your requirements, get in touch with our team now.