Business Risk Services – Expert support in risk management and compliance

We help you identify and manage risks, strengthen internal controls and ensure compliance – so your business can grow safely and sustainably.

Why are risk management and compliance important?

In today’s business environment, risks and regulatory expectations are constantly changing. Effective risk management and internal control systems are not only necessary for legal compliance – they are essential conditions for sustainable growth and the preservation of corporate value.

The Grant Thornton Business Risk Services team offers solutions that support:

• the development and enhancement of internal control systems
• the fulfilment of compliance obligations
• the proactive management of corporate risks

Key areas of our Business Risk Services

Internal Audit

We provide fully outsourced or partially outsourced internal audit services, including IT internal audit, organisation-wide quality assurance reviews, and expert support in specialised audit areas.

Internal audit is one of the fundamental tools of effective corporate governance. It helps reduce risks, improve processes and ensure regulatory compliance.

What we offer:

• full outsourcing or co-sourcing of the internal audit function – We take over the entire internal audit function or work jointly with your Internal Audit team.
• execution of internal audit engagements – Financial, IT, compliance, operational and governance audits based on the International Standards set by the Institute of Internal Auditors (IIA).
• strategic advisory – We design your internal audit system to not only meet regulatory requirements but also create real business value.

Regulatory compliance services

We help establish and implement appropriate governance processes to ensure compliance with the relevant regulatory requirements.

Due to continuously changing regulations and the growing demand for operational transparency, an effective compliance management system is indispensable. It helps ensure ongoing legal compliance, reduce risks and provide auditability and transparency.

What we offer:

• we provide transparency regarding the relevant regulations,
• we assess the current state of compliance,
• we identify risks arising from non-compliance,
• we provide support in prioritising necessary corrective actions.

Governance and risk management

We help develop and implement appropriate corporate governance and internal control systems, as well as the risk monitoring practices necessary to ensure effective operations.

Effective corporate governance and risk management are fundamental conditions for sustainable and secure operations. They help develop internal control systems and risk monitoring practices that not only comply with legal requirements but also support the achievement of business objectives.

What we offer:

• support in meeting Sarbanes-Oxley (SOX) reporting obligations,
• advisory on redesigning corporate operations,
• support in developing enterprise-level risk management systems,
• development and updating of internal policies, process descriptions and procedures.

Technology risk management services

We provide technology risk management advisory, including specialised risk management reviews, quality assurance assessments and process evaluations.