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Business Risk Services - Ernst & Young - Global

Business Risk Services

We can help you achieve your business objectives by delivering a wide range of services that help enhance risk management activities and improve business processes.

Today's organizations need a comprehensive approach to risk management and controls that identifies and mitigates risk and improves overall business performance. At its most effective, risk management and internal control are embedded within existing functions and processes and aligned across the organization. There is a growing recognition among leading organizations that there are significant opportunities to improve risk coverage, business operations, and competitive advantage through better alignment among the various risk functions. We can help you manage risk across your business, to encompass both compliance and business improvement.

Our Business Risk Services offer strategic and operational services that help companies around the world evaluate and enhance their risk and control functions.

Our areas of focus include:
Enterprise Risk Assessment
Risk and Control Framework Assessment
Internal Audit
Internal Control
Risk Remediation
Program Advisory Services
Contract Risk Services

Future of risk: Protecting and enabling performance

This new survey of more than 500 global companies provides a snapshot of the current risk environment (pdf, 282kb)  at a time when mixed reports are filtering through about the medium- and long-term economic outlook. It examines companies’ attitudes towards risk management and how recent global events have affected management approaches to risk. This survey identifies leading practices, common areas for improvement and what companies need to do to define a path forward to a performance enhancing risk future state.

Creating competitive advantage

In today’s business environment, the role of risk management and internal controls has taken on crucial importance and visibility. "The future of risk management and internal controls"  provides an overview of a leading practice risk and control framework and addresses how companies can better align and coordinate risk management and internal control activities for improved performance.
Escalating the role of internal audit

Internal auditors face new opportunities and a growing skills gap as management increasingly looks to them for business improvement recommendations and coverage of a broader range of strategic and operational risks. Escalating the role of internal audit: Ernst & Young's 2008 Global Internal Audit Survey examines the current and evolving state of the internal audit function and how chief audit executives are meeting the heightened expectations of stakeholders.

Read last year's Global internal audit survey 2007 (pdf, 1mb).

Risk management in emerging markets

How are companies managing risk as they invest and operate in emerging markets? Analysis of the experience of over 900 companies from developed and emerging regions in "Risk management in emerging markets" reveals different expectations in different markets, as well as leading practices, and key principles for risk management.

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