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Business Risk Services local - Ernst & Young - Latvia

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.

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

Project Management Unit Services

Read how Ernst & Young helped the client in introducing modern project management methodology and techniques including procurement, contract management, risk management, claim management, scheduling, accounting and reporting methods.

Management and Control System Evaluation in a EU Fund Management Agency

A national agency managing the distribution and control of EU support funds needed a compliance evaluation of its designed management and control system and its compliance with EU requirements. Read more about compliance assesment which helped the agency to obtain the accreditation to manage EU support funds.

Effieciency Improvement in the Public sector

Ernst & Young prepared a report including the analysis results, recommendations for increasing efficiency and implementation guidelines. This has enabled the client to identify and realize significant possible annual savings as well as process efficiency improvements. Please read more 

Assistance in Risk Management and Internal Controls System Improvement

Both due to the current economical downturn and the increasing pressure from the regulatory environment Ernst & Young Baltic assisted one of the largest process manufacturing companies in the areas of risk management and internal control system improvement to ensure the implementation of regulatory compliance requirements, improve existing internal control system and risk management practice applied and to increase the efficiency of operational management.To read more about this project, please visit Fraud Investigation & Dispute Services

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