To adapt to globalization and rapid and complex changes in the business environment, businesses have to constantly face new and unpredictable business risks. As a result, risk management becomes more urgent and is considered an important tool in comprehensively protecting and enhancing business value. An effective risk management system will help businesses:
- Adapt to the volatile business environment: In the modern business environment, the continuous changes in the market, legal regulations and technology have exposed many potential risks to businesses.
- Protect assets and reputation: An effective risk management strategy helps businesses protect assets, reputation, and core interests from unforeseen threats.
- Enhance competitiveness: Strict risk management allows businesses to maintain their competitiveness by minimizing risks.
- Ensure sustainable development: Applying risk management measures helps businesses not only overcome unexpected fluctuations but also create a foundation for sustainable and long-term development.
- Control effectively: Businesses can detect potential problems, thereby promptly proposing measures to enhance operational efficiency and minimize risks for the entire system.
Knowing your needs in corporate governance, risk management and internal audit, Baker Tilly A&C is ready to be your partner. With a team of experienced consultants currently holding international certificates such as CIA, CISA, CPA, etc. and being members of prestigious professional organizations worldwide such as IIA, ISACA, CPA Australia, etc., we are pleased to provide you with risk management consulting services according to globally accepted risk management frameworks.
Our Risk Management Services
- Consultancy on setting up a business risk management system
Building a roadmap and providing step-by-step advice on establishing a business risk management system according to globally applied risk management frameworks such as COSO ERM, ISO 31000 and good practices in Vietnam and the world.
Developing regulations, procedures and policies applicable to business risk management activities.
- Building a business risk book
Identifying, analyzing, ranking company-wide risks and preparing a business risk book at each level to serve the risk management needs of the enterprise’s stakeholders.
- Training on business risk management practice
Designing, building and deploying a training program on business risk management practice from the basic to advanced level for the risk management team, leaders and employees of the enterprises.
Our Internal Audit Services
- Internal audit co-sourcing and outsourcing
Providing resource solutions for the internal audit of enterprises, especially multinational corporations.
Improving the capacity, flexibility in resource utilization and effectiveness of the internal audit function at the enterprises.
- Consultancy on establishing an internal audit system
Developing a roadmap and providing step-by-step advice on establishing an internal audit system in accordance with Vietnamese law, standards and guidelines for internal audit practice in Vietnam and internationally.
- Independent evaluation of internal audit
Providing opinions on the conformity of internal audit with the mandatory requirements of the International Professional Practices Framework (IPPF);
Evaluating the efficiency of internal audit, thereby enhancing added value for the Board of Directors and the Management.
- Training on internal audit practice
Designing, developing and deploying internal audit practice training programs from basic to advanced levels for internal auditors in Vietnam.
- Information system audit
Conducting IT audits at enterprises, including: IT General Control (ITGC), Application Control, Cybersecurity, etc.
- Consultancy on establishment of internal control processes
Consulting on the establishment of internal control processes, standard operating procedures (SOPs) in all departments of the enterprises according to the Globally Applied Internal Control Frameworks (COSO, ISO, etc.).
- Review and improvement of internal control processes
Reviewing and improving internal control processes, standard operating procedures (SOPs) in all departments of the enterprises, contributing to the improvement of design and improvement of operational efficiency of the internal control of the enterprises.
- Consultancy on Sarbanes-Oxley compliance
Consulting on establishing, reviewing and improving the Internal Control over Financial Reporting (ICFR) according to SARBANES-OXLEY such as: US-SOX, K-SOX, J-SOX.
Our Team
