INTERNAL AUDIT & RISK MANAGEMENT

Whether your business is in a period of crisis is not an accurate barometer of the financial and business of your organization. When the symptoms of a problem become apparent, it may turn into an actual business crisis. At the very least it will already cost your organization more in time, resources and capital to resolve those problems than it would have been to take the steps necessary to address the root causes when they were manageable, or to prevent them from happening at all.

ECFO’s approach to Internal Audit and Risk Management is about having a clear and comprehensive understanding of the full range of risks your company faces and working as your partner to put effective action into place to mitigate those risks.

Risk maps are used to identify the likelihood and impact of risk to your organization. Risks are then weighted so management may focus on risk that has both high probability and impact to your organization. Allowing you to mitigate or transfer risk accordingly.

Whether you are responding to a crisis, putting out fires or proactively preventing future challenges, having a partner with the hands-on experience and skillset to identify and understand your business risks and actively support you in addressing them is critical to your success. ECFO’s team of professionals in internal audit, controls, compliance, security and technology will stand with you to help you navigate through your most challenging situations and create new value for you along the way.