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| Internal Audit, Governance, Regulatory & Risk Strategies Division INTERNAL AUDIT, RISK & COMPLIANCE SERVICES No matter how capable the internal audit function and related staff, if they focus on the wrong risks, they may miss both potential problems and opportunities. BTM CONSULTING’S IARC (Internal Audit and Risk Compliance) helps organizations to create a more Risk Intelligent approach to internal audit planning, by enhancing the effectiveness, quality, and value received from their own internal audit department. Their effectiveness and efficiency can have a major influence on corporate performance and business outcomes. Our IARC Team Our IARC team is composed of professionals experienced in: Financial and operational internal auditing IT Fraud analytics and risk assessment Shared services Finance management Treasury and financial instruments The supply chain
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Our IARC team works to make internal audit functions, enterprise risk management programs, and risk and controls management more efficient and effective. The main issues for business leaders include a range of complex matters: Rright resources Right place
Structure Risk identification Monitoring Reporting Optimizing
Regulatory compliance (including SOX) Global sustainability/climate change Continuous auditing/monitoring Integrated assurance
We help our clients by: | Why to Choose Us? *We deliver a consistent, cost-effective and high-quality set of services *We are located in key financial and commercial centers and developed markets. *We have a dynamic presence in the emerging economies of Central and Eastern Europe, Russia, Latin America, China, as well as in the main Middle Eastern Capitals and North Africa. *These resources offer clients a rich supply of information, contacts and business opportunities |
Advising on social responsibility and climate change reporting Developing a business risk profile and risk response plan Deploying continuous auditing/monitoring techniques Designing, executing and advising on the use of enterprise risk management Driving SARBANES-OXLEY and equivalent regulations compliance Evaluating internal audit functions and providing co-sourcing and outsourcing services Enhancing recoveries and compliance with contracts Identifying potential impacts on value preservation and creation, and areas of vulnerability Improving processes to better align the internal audit plan and resources with business strategy, risk responses, and potential concerns facing senior management and the board Rationalizing monitoring functions and governance practices Understanding leading risk management practices that can enhance strategic risk-taking for reward
INTERNAL AUDIT STRATEGIC SOURCING/CO-SOURCING/OUTSOURCING IA has turn into highly sophisticated operations and virtually a business in itself. It has become a prime candidate for strategic sourcing. Achieving effective IA capabilities requires a significant level of investment in skilled resources, methods, training and technical infrastructure. Co-sourcing or outsourcing is a flexible and collaborative approach to support existing internal audit organizations. BTM CONSULTING can help you build on existing strengths, while seeking to improve overall value. Our team provides advice, leading practices, and experienced professionals with industry and specialized capabilities, while you maintain control and responsibility for the function. We advise you on critical business risks. We can also help you: Implementing effective controls and compliance processes Identifying better practices Reducing the cost of operations Realizing profit improvement opportunities
OUTSOURCING ADVANTAGES It reduces costs, free up capital, and enhance your ability to focus on what you do best. It provides the benefit of our global, methodical approach and access to professionals with experience best suited for each internal audit project. It provides you with the specific skills you need on demand, achieving a level of flexibility which can be critical in effectively dealing with a range of operational issues.
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In a full outsourcing arrangement, we serve as your organization’s internal audit function, while your chief audit executive or other senior executive retains overall control over internal activities. We supplement our experienced internal auditors with subject matter professionals in areas such as IT, forensic, treasury, operations risk management, financial instruments, procurement, shared services, third-party contracting, tax and many others.
All BTM CONSULTING Teams Thank You for Your Trust in Us! | |
| Why to Choose Us *We provide global advice, dispute resolution and crisis management expertise throughout the major jurisdictions including Asia, Europe, the Middle East, North Africa and the US. *We provide tailored to local legislative environments and commercial conditions. *We give advice that complements your approach to regulatory and commercial risk, as well as meeting the needs of local law, language and conventions, all of which impact on successful regulatory and commercial risk management. *We offer a practical cost effective solution to managing risks or mitigating their impact |
GOVERNANCE, REGULATORY & COMPLIANCE As new laws and regulations are introduced, their requirements challenge boards to greater levels of transparency, objectivity and professionalism. There are financial penalties for non-compliance with certain laws and regulations. Robust regulatory and compliance structures can help to ensure companies are not subject to potential penalties. Our professionals have in-depth knowledge of corporate governance developments both locally and internationally. We can assist directors and management to identify the applicable laws and regulations to better understand the regulatory environment. We combine the process and system benchmarking knowledge and experience with organizational knowledge which can help to ensure compliance and sound corporate governance.. OUR SERVICES Our Governance Regulatory & Risk Strategy services are global. We offer the following services: An understanding of the applicable regulatory and legal requirements Board training: director responsibilities, obligations and ‘better practice’ governance requirements Board and Audit Committee assessments Effective electronic document management Governance framework design Regulatory code impact diagnostic | Our Team Expertise Our lawyers handle matters across the spectrum of: Anti-corruption, anti-money laundering, fraud and asset tracing Anti-trust/competition including raids by the authorities, search warrants, cartel, M&A, EU state aid issues and leniency applications/plea bargaining Commercial contracts, outsourcing and change management Corporate and white collar crime Consumer and trading standards Environmental and climate change Financial services and market regulation Government affairs and public law Health and safety including product recalls, food safety, industrial accidents and product liability International investment (multilateral and bilateral treaty negotiation, arbitration and lobbying) Trade including import/export, WTO, anti-dumping, Customs Transport including marine, aviation, rail and infrastructure Securities litigation/class actions Tax and customs regulation
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Monitoring technology solutions that address specific business needs Intelligence on new regulatory and legislative developments (EU, UK, US, Latin America, MENA and Asia) Increased awareness of regulatory and compliance risks and improvements to controls in relation to them Increased public and regulatory confidence, and protection for market reputation Sarbanes-Oxley Advisory Services (for SEC registrants) EU 8th Directive Advisory Services The interpretation and application of statutory and regulatory frameworks The exercise of duties, functions, and powers by public bodies The interpretation and application of EU law in the context of public law, particularly with regulated industries The constitution and set up of statutory bodies including drafting rules of procedure and delegation protocols and provisions The publication of information in accordance with Freedom of Information Act requirements General support to other clients of the firm
We help you also by: Coordinating local resources to help protect global investment and operations Running risk reviews and compliance audits Undertaking regulatory risk "gap analysis" using online technologies and regulatory experience Advising on effective dispute resolution strategies long before the event arises Dealing with disputed and non-disputed regulatory and contractual issues Training staff to respond effectively to surprise visits from a regulator Assisting senior management in developing and embedding policies and procedures across the globe Implementing and stress test your policies Evaluating your management information Assisting in improvements to ongoing monitoring techniques Managing regulatory and commercial crises Advising on crisis communications and media relations to help reduce reputational damage Maintaining reputations and mitigating business interruption and loss Managing evolving regulatory risk Adapting to more complicate regulatory and control environments by integrating existing and new components into one comprehensive approach. Identifying, assessing, and upgrading existing financial, operational, and compliance controls and processes Resolving problems resulting from inadequate controls or management of regulatory risk
All BTM CONSULTING Teams Thank You for Your Trust in Us! | |
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