"The first duty of business is to survive, and the guiding principles of business economics is not the maximising of profits, it is the avoidance of losses"
- Peter Drucker
Risk Management / Fraud Risk Management / Internal Audit and associated services
Fraud Risk Management
- Conduct a fraud risk assessment on your business – determine your fraud exposure
- Provide fraud awareness training to staff, management and clients
- Develop a fraud risk management strategy that covers fraud prevention, detection, investigation and correction
- Develop fraud prevention plans and fraud policies
- Develop and implement a fraud awareness and communication plan for your company
- Assist in fraud investigations, gathering of evidence, interviewing of suspects
- Ability to both initiate and chair disciplinary hearings
- Ability to conduct integrity testing / profiling of staff
Operational Risk Management
- Determine your current risk exposure and subsequent risk appetite by reviewing your business environment and the respective processes, systems and controls within it
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Review your risks from seven perspectives, namely:
- - Internal Fraud
- - External Fraud
- - Employment Practices and Workplace Safety
- - Clients, Products and Business Practices
- - Damage to Physical Assets
- - Business Disruption and System Failures
- - Execution, Delivery and Process Management
Internal Audit
- Conducting of internal audits on your business processes to determine if those business standards agreed to are being adhered to
- Provision of report on areas within your business which are not adequately controlled and as such place you at risk