Baker Tilly’s Risk Advisory Services are designed to empower management in making well-informed decisions.
With our vast experience across multiple sectors, we focus on identifying and managing risks at strategic, operational, and business line levels across the entire enterprise.
Our services aim to enhance your organization’s value through independent review and advice on risk management, governance, and internal control processes.
This ensures the efficiency and effectiveness of your internal control system.
Our risk advisory professionals adopt a forward-looking, industry-specific approach, enabling clients to address emerging risks, streamline business processes, and strengthen internal controls.
The Baker Tilly specialist consulting team boasts in-depth knowledge and hands-on experience in key industries such as Banking, Insurance, Retail, Manufacturing & Production, Forex, Technology, FMCG, Pharmaceuticals, and more.
This expertise allows us to design and deliver tailored solutions that align with your business strategy and objectives.
We utilize our unparalleled experience, robust methodologies, total commitment, and a hands-on approach to drive technology-led innovation in your business.
Our services include:
  • Internal Audit Outsourcing or Co-sourcing: Collaborating with your key stakeholders, we perform risk assessments, prepare internal audit plans, and deliver audit assignments. Our team brings the necessary expertise to plan, develop, and implement internal audit practices, perform testing, report observations, and follow up on management actions.
  • Internal Control Framework: We assist in developing and maintaining a robust Internal Control System, which includes designing internal control frameworks (like SOX404), implementing corporate governance structures, reviewing business processes, and optimizing controls.
  • External Quality Assessment of Internal Audit Functions: Our experienced team evaluates conformance with the International Professional Practices Framework (IPPF) standards.
  • Enterprise Risk Management (ERM): ERM is crucial for effective corporate governance. We offer services to design and develop ERM programs, establish risk appetites, develop risk registers, review control environments, and align ERM with other defense functions.
  • Corporate Governance: We have significant experience in building and evaluating corporate governance frameworks, ensuring effective corporate governance in line with legal and regulatory requirements.
  • Digital Risk: Our professionals manage digital risks and assess technology environments. Services include designing IT risk management frameworks, IT audits, data privacy assessments, and IT internal controls design and review.
  • Specialized Reviews: Depending on your needs, we offer specialized internal audit reviews, including fraud and anti-money laundering reviews, corporate fraud investigations, third-party risk management, and KYC processes.
Our comprehensive range of services is tailored to meet the unique challenges your organization faces, enabling you to navigate the complex risk landscape confidently.