Businesses face an increasingly complex operating environment: economic uncertainty, geo-political instability, climate change, global pandemics and social movements. While it’s not possible to control these events or their associated risks, you can prepare for them.
Putting in place effective risk, internal control and governance mechanisms better positions your business to address these challenges.
Smith & Williamson’s Risk Advisory practice provides assurance and advisory services to help build and strengthen organisational risk, control and governance mechanisms. Our Risk Advisory specialists seek to protect and enhance the value of our clients’ businesses, embedding governance, risk management and third line assurance as an integral part of your business-as-usual activities.
These services provide a robust platform to perform effective governance and oversight on people, processes and technology across business activities and service providers. We bring together specialist disciplines and commercial expertise to give you the insight, foresight and independent assurance you need to build and safeguard the value of all parts of your business. We will seek to transform the way you perceive – and navigate – risks, so you can stay at the forefront of change.
Over the past couple of years, organisations have had to rethink risk, reassessing operational resilience and ways of working and explore new opportunities. Internal Audit has a critical role to play in both preserving business value and in improving existing operations and driving greater efficiency. Organisations and businesses are increasingly facing scrutiny of their governance, risk and control mechanisms, and need to demonstrate that their corporate responsibility and approach to risk are both robust and transparent. These responsibilities are made more onerous by the changing regulatory environment and the fast-evolving nature of the risks they face.
How can we help?
At Smith & Williamson, our Risk Advisory practice have dedicated internal audit professionals who have a wealth of experience, working with large and small organisations alike, in designing and bringing innovative assurance and advisory solutions to boards and leadership teams. Our services include:
- Internal Audit outsourcing
- Internal Audit co-sourcing
- External Quality Assurance (EQA) Review
- Audit Committee Advisory
- Establishing internal audit functions
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