All companies can benefit from prudent risk management. This means defining your key risks, weighting their probability and impact on business drivers and developing your thinking on actions to take.
EY can support you in this. We can undertake risk assessments that go beyond financial and regulatory risk to consider the wider environment in which you operate.
We can conduct scenario planning for your key risks to make sure your risk management processes are linked to the actual risks that your business faces.
And we can help you put in place effective monitoring and control processes that give you earlier warnings, and enable you to respond quickly and effectively.
This rigorous and disciplined approach to risk management helps you safeguard the future of your business.
For more information, visit our Advisory pages.
European Fraud Survey 2011
Unethical behavior remains common within many corporate cultures across Europe. Those who place a premium on integrity know that ethical behavior isn’t just desirable, it’s also good for business. Read our European Fraud Survey 2011 to learn more.
Straight talk about IT performance
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Painting a clear picture of risks is a challenge for Internal Audit teams. A simple “pass/fail” rating for controls is no longer enough to satisfy the business. With a three dimensional control rating system, you can better gauge effective or ineffective controls. Find out more in our series 5: insights for executives.
