Business Risk Standards

Large scale corporate failures across the globe have been attributed to a lack of accountability, strategy and transparency. As a response tougher risk management expectations were introduced by international standardisation bodies, regulators and other stakeholders, including a significant update to the AS/NZS 31000: standard.

Never before has Risk Management been so important for Company profitability and survival.

Potential issues you may be facing

  • You need to improve relationships with stakeholders & regulators
  • You need reliable data for internal & external reporting
  • You need risk identification & Risk Assessment for business processes
  • You want to implement a risk management system & governance
  • You want to plan an IPO
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Business Risk Services

  • Benchmarking your current risk management practices against recognised industry standards, including AS ISO 31000:2018, COSO:ERM & FERMA Risk Management Standard
  • Developing strategies to assist in implementing an enterprise risk management (ERM) system
  • Helping to integrate risk management outputs into strategic & financial planning, decision making & performance management
  • Assessing your organisation’s risk management maturity & culture
  • Performing risk assessments & creating company risk profiles
  • Business continuity management & disaster recovery planning
  • Risk management training

Business Risk Benefits

  • Improved risk management, strategic planning, budgeting & performance management
  • Improved protection of the company brand
  • Reduced compliance costs
  • Increased focus on stakeholder issues
  • Lower penalty risk as a result of breaches of compliance