Enterprise risk management
An effective enterprise risk management process is essential in today's business environment.
Knowing the potential risks facing your business and having a plan in place to deal with them should they occur can make the difference between success and failure.
Baker Tilly's experts can assist you to:
- identify the risks facing your business
- evaluate the impact the risks would have upon your business
- understand and communicate your risk appetite
- profile the risks facing your business and
- determine an appropriate response for each of the risks.
Using our risk navigator tool we can easily identify the key risks facing a business and what management has in place to mitigate against the risks, furthermore we can test managements controls to identify if in fact they are working as management expect.
In addition to this Baker Tilly can work with you to ensure that you have a business continuity plan in place and that as far as is practical this has been tried and tested.