Governance, Risk & Compliance
Risk management is about achieving the right balance between realising opportunities and minimising the likelihood of risks associated with them.
It requires proper focus at executive and board level, integration into the organisation’s strategic planning, and clear reporting at the right time for key decision making.
What are the real issues at stake? Fraud prevention, safeguarding against other unexpected but high impact problems, protecting your organisation’s reputation, and achieving optimum financial and operational performance, are all results of effective corporate governance and risk management.
How can BDO Northern Ireland help?
Our governance, risk and compliance teams will help you to identify, manage and mitigate the risks your organisation is likely to face.
Risk management facilitation
Understanding and identifying risk should not be underestimated. Producing a coherent and watertight framework with clear lines of responsibility for implementing and monitoring is key. Our risk management specialists will help you to highlight areas open to risk; such as new acquisitions, new businesses or service areas and conduct an independent review of the effectiveness of your risk strategy and controls, ensuring that risk is embedded in the day to day management of your organisation.