Enterprise risk management is a structured and continuous process that helps organisation managed the risks associated with their operations and avoid any continuous ‘fire fighting’ exercises. It covers not only on the financial & regulatory compliance, but it also takes in all areas of business risks throughout the entire organisation.
The Institute of Internal Auditors Malaysia (IIA Malaysia) states that, “Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organisation’s operations. It helps an organisation accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.
- to improve an organisation’s operations by testing and measuring against standard establish procedure.
- evaluates risk exposures relating to the organisation’s corporate structure, activities, processes and system to prevent continuous ‘fire fighting’.
- We have experience in many different organisations in various industries.
- We share tested, best practices in the industry with you and this reduces the time and effort during trial and error stages.
We have the staff with various industrial experiences to share the best practices that have been proven and tested in other similar industries/company. This saves you time and trial and errors experimenting with what is right for your company.
We will try our best to accommodate your budget and prioritise the high risk area for audit.