Ruchi Anand & Associates,
Risk Advisory practice works go hand in
hand with clients to assist in the management of risk and the
achievement of strategic business objectives through proper internal
control systems. Our professionals provide the value-added risk
management capabilities that are the need for mitigating business risk,
support business strategies and continuously improving operational
performance.
Our professionals help in managing the risks
and achieving their business objectives, so all our Risk services are
connected with this expectation.
To save from the future risk, it is vital to
manage the risks that companies face, in this regard er help our client
by:
- Identifying what their key risks are
- Finding their probability and impact on business drivers.
- Structuring the program and step-wise actions to mitigate the risk
We help you to achieve a high-functioning, integrated risk and control environment that will:
- Help you decrease complexity and cost
- Improve performance
- Protect your existing assets
Our Risk Advisory Services
- Compliance and regulatory risk
- Contract risk services
- Business process enhancement
- Fraud prevention
- Technology advisory
Compliance and regulatory service
First we study the compliances applicable on
the entity and chart out the risk associated. By advising to our client
as to which compliances if not completed, would give rise to potential
legal or economical risks and help them in assessing the extent and
impact of such a risk.
Contract Risk:
We help companies manage their contractual
rights and obligations with third parties in most effective manner and
help them analyze the benefits and foes in that.
We help our clients in streamlining and
standardizing contract management processes so that risk exposure is
reduced, and cost management is done in a better way and enables better
visibility to commitments on both the buy and sell side.
Business Process Enhancement
At
Ruchi Anand & Associates, we make each
best try to achieve reliable results and continuous optimization of
their operations by providing controls optimization and business process
enhancement. Our professionals break down the business process into
activities and try to restructure the process in most efficient way to
optimize the results of the organization in a whole. By business Process
Enhancement, one can attain the benefits like cost reduction, HR
optimization, Quick turnover etc.
Compliance
We at
Ruchi Anand & Associates provide a
range of compliance services that includes Sarbanes-Oxley and regulatory
matters. We assist our clients in establishing a compliance program
with greater accuracy and reliability by associating compliance programs
with organizational strategies and objectives,. Our methodology can
improve the efficiency and effectiveness of existing 404 compliance
processes. As a division of a national accounting firm, our
professionals leverage the firm’s broad regulatory and industry
expertise to deliver comprehensive regulatory compliance services.
Corporate Governance
Many a times organizations see a variety of
corporate governance concerns as well as intense internal and external
scrutiny. For having an appropriate culture of corporate governance, we
need to see that a proper and strong foundation is there. Our
professionals assist clients by conducting assessments about corporate
governance and by providing design and implementation services. We help
our clients develop policies and procedures, monitoring structures and
educate and review programs to support proper corporate governance. Our
professionals also assist in developing organizational frameworks
strategically that can help an organization conduct self-assessments of
its existing corporate governance practices.
Enterprise Risk Management & Internal Audit
At Ruchi Anand & Associates, we suggest
organizations about designing and implementing a risk management
function that is cost-effective and practically sound. We help clients
by providing internal audit services, which enable organizations to take
maximum out of our pro active methodologies and experienced
professionals to deliver a proactive, risk-based function. Some of the
enterprise risk management and internal audit services that we provide
include:
- Assessment and review of Corporate governance and design
- Designing the Strategic risk management and implementation thereof
- IPO readiness and acquisition integration
- Enterprise risk assessment.
- Internal audit start-up and transformation
- Risk management maturity and performance.
- Outsourcing and co-sourcing internal audit
Fraud Prevention
Frauds are potential still avoidable risks and
given it is detected at an early stage, the chances of happening or
repeating of fraud are reduced. Even a single fraud can lead to a big
set-back financially and defame of the organization.
With full support from the client and proper
implementation, an efficient and effective anti-fraud program can be
implemented and the risk of fraud can be significantly reduced. Ruchi
Anand & Associates assist in applying best practices for promoting
an environment wherein the risk of fraud is lowered and it is exposed
early should it occur. Trained fraud investigators at the Ruchi Anand
& Associates’ make Fraud Prevention practice based on the skills and
insights that is gained through conducting various fraud
investigations. An anti-fraud program can help an organization identify,
remediate and monitor the specific risk factors that set the stage for
fraud.
Technology Advisory
Information technology (IT) has become a
controlled business expenditure rather than a vital growth engine. Our
technical professionals are skilled in providing risk-based IT
functions that help our clients to align, measure and govern
strategically their IT systems so that they operate with greater
effectiveness. Few of the technology advisory services that we provide
include:
- Pro-Business systems effectiveness
- CIO advisory
- System selection
- Technology security.
- Data analytics and continuous monitoring.
medium-sized