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Risk management and internal control are some of the important requirements for improving the organization’s internal ecosystem. Establishing efficient and standardized processes is important to conduct better predictive decisions. In the age of digitization, organizations are prioritizing internal control systems more than ever. Also, the periodical reviews of the business processes and deployed controls are helping to ensure the better-designed system. A system that intends for continuous addressing of identified and targeted risks.
Ascentry provides comprehensive risk management services to ensure a better future for organizations.
A well-established internal control system brings advantages to businesses in managerial decisions, investment security, and enhanced risk management. This eventually leads to an increase in associated stakeholders’ value. If you are looking for one of the affordable and advanced risk management service providers, do consider hiring a professional service provider such as Ascentry.
Proper guidance for developing a clear communication about the statement of Risk Appetite and measures for Risk Management
Analyzing the current control environment in line with the statement of Risk Appetite and identifying inherent gaps
Developing a strong board and specific processes to fulfill the identified gaps. This will ensure the processes to incorporate expected levels of key controls
Document the process flows and controls to support the relevant regulations
Arranging the training of internal control to management and staff
Ascentry's methodologies are designed to ensure the efficient and essential provision of traditional internal control consulting services. Our approach involves senior staff led by our executive director, offering a step beyond regular involvement. We enhance internal control consulting from initial stages to execution and final reporting. Ascentry engages executives and senior staff in daily tasks to oversee the engagement process and ensure client satisfaction.
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