Risk and Compliance
Managing the unavoidable risk
Every organization harbors inherent risks within its core business functions – finance, accounting, IT, operations, and beyond. Similarly, compliance with internal policies or regulations is a universal imperative. However, not every organization possesses the requisite people, processes, and technologies to optimize core risk management and compliance functions, including:
- Identifying and mapping of all the actions and associated tasks involved in an organization.
- Evaluating specific actions to determine whether risk avoidance, risk transfer, or risk mitigation is the best strategy, based on the organization’s risk appetite.
- Implementing controls to mitigate risks that the organization deems necessary for optimal business performance and compliance requirements.
- Auditing and adjusting risk management policies on an ongoing basis.
Our Risk Advisory and IT experts can provide key services to help your organization’s Finance and IT departments, Internal Audit, and other risk managers more effectively comply with regulations and identify, assess, and mitigate business-wide risks.
How CFGI Helps
We deliver risk management solutions in a variety of areas, such as:
Sarbanes Oxley (SOX) Services
Third Party Risk Services
In today’s interconnected world, companies interact with and rely on one another significantly. Whether your company provides Software as a Service (Saas), relies on such a company, or has significant vendor relationships, these relationships expose you and your third parties to risk. Our professionals can support you with reviewing your vendors’ SOC 1 reports for SOX purposes, preparing you for SOC 1 and SOC 2 audits, and conducting vendor due diligence and third-party risk assessments.
IT Risk Services
Enterprise Risk Management Services
ESG Compliance Services
Internal Audit Services
Why CFGI?
Our Risk Advisory and IT consultants work together with our colleagues across the firm in our various specialty practices to design, implement, and assess controls, policies, procedures, processes, and operations that can help you identify, assess, and manage risk more efficiently. Given our Big-4 background, we are well-equipped to provide a framework and documentation that will help you improve your compliance function and enhance your operations.
Connect With Our Leaders
Daniel Shafrir
Managing Partner
(857) 321-1539
dshafrir@cfgi.com
