How can embracing risk turn a crisis into an opportunity?

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Internal Audit and Controls

Disruption and the pace of change are fundamentally affecting both the risks organisations face, and how these are governed. At the same time, technological advances in automation create significant opportunities to enhance how risks are controlled, monitored and assured.

How we can help: Improving your risk governance

Our multi-capability teams work with you to improve risk governance across the spectrum of the Three Lines of Defence (LOD) model:

  • Optimise your internal control framework: Simplify and standardise your internal control frameworks, and leverage technology better through controls automation, reducing cost and improving effectiveness.
  • Enable continuous monitoring: Effectively monitor your controls on a continuous basis, using data analytics, monitoring technologies and EY’s Managed Services capability.
  • Provide independent assurance: Enhance the value delivered by your Internal Audit function by providing specialist resources, co-sourcing and outsourcing. We also perform independent Quality Assessments, working with you to identify and implement continuous improvements and leading Internal Audit practice.

We also provide a range of internal control attestation services, including Sarbanes Oxley, and can work with you to achieve Financial Position and Prospect (FPP) readiness pre-IPO.

Meet the team

EY - Hasan Ali

Hasan Ali is a Senior Manager in our Internal Audit & Controls team. He contributed to building a better working world through his work with a UK retailer developing an innovative approach to recording and monitoring controls. Our approach enabled management to improve and streamline controls, and better manage key strategic risks. Contact Hasan to find out more.