Managing what you can’t avoid
Every organization has some risk in its core business functions — finance, accounting, IT, operations and more. However, not every organization has all the people, processes and technologies needed to optimize core risk management functions, including:
- Identifying and mapping of all the actions and associated tasks involved in an organization.
- Evaluating certain actions to decide if 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.
- Auditing and adjusting risk management policies on an ongoing basis.
CFGI has subject-matter experts with extensive knowledge and experience in all key risk areas, including finance and accounting, operations, IT and vendor management.
Our experts can provide key services that help your organization’s Finance and IT departments, Internal Audit and other risk managers more effectively identify, assess and mitigate business-wide risks.
How CFGI helps
We deliver risk management solutions in two key areas:
Our Risk Advisory services run the gamut. We deliver everything from SOX implementation, Enterprise Risk Management, and ongoing support to interim risk managers, vendor risk assessments, process and control assessments, governance, training and much more.
Learn more about our Risk Advisory services.
IT Risk Advisory
Our IT Risk Advisory solutions are many in number, and flexible in deployment. We design and assess IT General Controls, provide guidance on developing an end-to-end IT risk management framework, deliver cybersecurity risk and controls assessments, help you achieve compliance with GDPR and CCPA, assist with disaster recovery planning and system implementations, create incident response strategies and much more.
Our Risk Advisory, technical accounting and IT consultants work together to design, implement and assess controls, policies, procedures, processes and IT 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 operations and pass your audit.