ANALYZING VULNERABILITY
All organisations have objectives at strategic, tactical and operational levels – anything that makes achieving these objectives uncertain is a risk. As our world becomes increasingly volatile and unpredictable, we must cope with greater uncertainty. Risk management is the systematic process of understanding, evaluating and addressing these risks to maximise the chances of objectives being achieved and ensuring organisations, individuals and communities are sustainable.
Products:
- Internal Audits
- Governance, Risk, & Compliance (GRC)
- Corporate/Family Business Governance
- Business Continuity & Disaster Recovery
- Fraud Investigations/ Analysis
Risk management also exploits the opportunities uncertainty brings, allowing organisations to be aware of new possibilities. Essentially, effective risk management requires an informed understanding of relevant risks, an assessment of their relative priority and a rigorous approach to monitoring and controlling them.
Enterprise risk management (ERM) refers to an integrated or holistic approach to managing risk across an organisation, using clearly articulated frameworks and processes led from board level. Risk management should be embedded in the general management of an organisation and fully integrated with other business functions such as finance, strategy, internal control, procurement, continuity planning, HR and compliance. The degree of integration will differ between organisations depending on their culture, implementation process, operating methods and external environment.
Infura’s Internal Audit, Governance, Risk & Compliance (GRC) Services deploys multidisciplinary teams of professionals experienced in financial and operational internal auditing, IT, Information security, occupational health and safety, business continuity and disaster recovery, fraud analytics and risk assessment, finance management, supply chain, HR planning and good governance frameworks to augment and enhance an organizations’ existing internal control capabilities.