Corporate Governance, Risk Management & Internal Audit

Corporate Governance, Risk Management & Internal Audit2016-11-16T09:22:10+00:00

We have a team of business solutions professionals who can help you manage your risks better and improving business performance through governance, risk management and compliance.

Internal Audit (Outsource and Co-Source)

“Evaluate existing internal controls and improve their effectiveness and efficiencies”

We can help you identify, develop, and test internal control policies and procedures within business process and information technology environment through our control assurance services. These services may be provided as:

  • continuous internal auditing function;
  • part of an audit of financial statements; or
  • as individual projects resulting from new technologies implementation, major organisational changes, or reliance on third-party service providers.

Outsourcing or co-sourcing of an internal audit function can help your organisation reduce costs, free up capital and enhance your ability to focus on your core competencies. By outsourcing your internal audit function, you can:

  • reduce overhead or convert fixed costs to variable costs;
  • gain access to highly skilled and experienced professionals;
  • eliminate internal audit staff recruitment and development costs;
  • achieve greater staffing flexibility, especially when special projects arise; and
  • receive more objective perspective and an added level of scrutiny

Enterprise Risk Management (ERM)

“Develop or improve the way you identify, assess, respond, control and monitor risks”

We can work with you to improve your business performance by helping you to understand and manage the risks and controls throughout the enterprise. The competitive benefits of effective enterprise risk management include:

  • increased consistency and communication facilitate timely detection, correction, and prevention of risk issues;
  • reduced burden on business operations by optimising risk management processes and controls;
  • improved decision making capabilities within the executive and director levels, and in other layers of management with better structure, analysis and reporting of risks;
  • ability to provide “comfort level” to the Board and other stakeholders with more effective coordination of regulatory and compliance matters
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We at Paul Wan & Co. value your business.

Providing the best practices in corporate governance, risk management and internal control.
Contact Us Today