We assist in addressing risk in both proactive and responsive contexts. Our team can help you achieve the best balance between minimizing risk exposure, optimizing profitability and developing compliance review checklists. We deploy our diverse pool of controls professionals, compliance specialists, security
professionals, and risk consultants to meet complex requirements.

 

What do businesses need to know?

Policies and Procedures, Risk Appetite and Key Risk Indicators

  • Review and update the existing policies and procedures and define Risk Champions Addendum
  • Risk identification by reviewing documents, discussions and assessing internal & external environment
  • Defined risk likelihood and impact criteria
  • Define enterprise risk appetite
  • Develop Key Risk Indicators

Risk Reporting

  • Develop quarterly risk management reporting template incorporating the defined risk appetite and key risk indicators for the Board of Directors

Facilitate Strategic Planning, Identification and Incorporation of Risks Related to Strategic Objectives

  • Facilitate strategic planning by conducting strategy management workshops
  • Provide templates to management to incorporate updated strategic pillars / objectives in light of changing market dynamics
  • Categorize the risks that hinder the achievement of strategic objectives

Development of Enterprise Risk Registers and Training

  • Categorize the risks that hinder the achievement of the organization’s objectives
  • Assess each risk based on likelihood and impact to get an inherent risk rating
  • Conduct voting session existing to determine top residualrisksandidentify existing controls
  • Training for relevant personnel

Our Business Risk Services

Internal Audit and Quality Assurance of Internal Audit

Organisations need to understand risks thoroughly to be able to manage them better. Grant Thornton helps businesses achieve the best balance between minimising risk exposure, optimising profitability and developing compliance review checklists.

Developing Corporate Governance

Organisations need to understand risks thoroughly to be able to manage them better. Grant Thornton helps businesses achieve the best balance between minimising risk exposure, optimising profitability and developing compliance review checklists.

Internal Controls Design

Organisations need to understand risks thoroughly to be able to manage them better. Grant Thornton helps businesses achieve the best balance between minimising risk exposure, optimising profitability and developing compliance review checklists.

Transformation of ERM & Compliance

Organisations need to understand risks thoroughly to be able to manage them better. Grant Thornton helps businesses achieve the best balance between minimising risk exposure, optimising profitability and developing compliance review checklists.

Developing Standard Operating Procedures and defining roles & responsibilities

Organisations need to understand risks thoroughly to be able to manage them better. Grant Thornton helps businesses achieve the best balance between minimising risk exposure, optimising profitability and developing compliance review checklists.

Internal Controls over Financial Reporting

Organisations need to understand risks thoroughly to be able to manage them better. Grant Thornton helps businesses achieve the best balance between minimising risk exposure, optimising profitability and developing compliance review checklists.