Operational Risk Advisory

Internal Controls and Risks Assessment

We investigate the root cause of impropriety and advise on practical ways to strengthen controls mitigating risks, including fraud, bribery, and regulatory incompliance. Our services include elements of testing to understand better if the current controls are working as intended.


Supports we provide include:

  • Performance of risk assessment to identify control gaps

  • Creation of risk matrices

  • Design and implementation of corrective action plans

  • Loan staff assignment for client-managed internal audit projects

Revenue Assurance

We aim to create a version of affirmation, not only on the amount of revenue, but in a more comprehensive manner, including the review and testing of the various functions:

  • Billing

  • Contracting

  • Contingency

  • Quality of data that bases the billing calculation

  • Calculation methodology

  • Exception handling

  • Collection

Trainings

Fighting against fraud and corruption and establishing a governance structure are no exceptions for the effectiveness and importance of awareness among stakeholders. Arguably one of the easiest ways of reaching such a target is through continuous training. 


Our training classes include the following topics:

  • Fraud and compliance awareness

  • Financial statement & reporting frauds

  • Asset misappropriation

  • Bribery & corruption

  • Investigation techniques

  • Interviewing skills

  • Combating fraud & actions to be taken after detecting fraud

  • Compliance management

  • Ethics line implementation & management

  • Fraud & corruption risks within M&A transactions

Liquidation

We support multinational companies during their decision​ making process and execution related to the liquidation of their local operations. 

Supports we provide include:

  • Uncovering potential malpractices and advising on corrective actions prior to official liquidation

  • Reviewing commercial contracts and identifying the potential rights and liabilities

  • Calculation of final payment amounts to employees in compliance with the local legislations