Risk Advisory Services

What are the risks to your business?

A company's future depends on its ability to identify and manage risk. Effective risk management requires an effective internal audit function.

In a complex organization, a successful internal audit function has a dual role: it supports the Audit Committee in its fiduciary duties related to internal control - and it partners with management in performing risk assessment and risk management.

Does your internal audit function identify and evaluate the risks that confront your business?

In an ideal world, a progressive internal audit function would work adaptively within an organization. However, the post-SOX environment is anything but ideal. Many organizations lack the leading tools and necessary technology to perform an internal audit efficiently and cost-effectively.

Schneider Downs offers seven risk-based risk advisory service options to ensure compliance, mitigate uncertainties and keep inefficiencies from eroding your bottom line. We work hand-in-hand with your audit committee and primary auditor on risk and control strategies to fully leverage internal audit and minimize compliance/audit costs.

case studies

 
big problem:
Ransomware attack halted a global manufacturer's operations.
big thinking:
Recover and secure the system – fast – save $1 million in ransom.
 
big problem:
High tax burden for family-owned franchisor.
big thinking:
Comprehensive planning for a 15% tax reduction.

our thoughts on

Top Risks to Keep On Your Radar for 2020

We live in a disruptive world where the risks companies face are constantly evolving. Risks not on your radar today could easily be brought to light within

read more >

SOC 2 Examinations - Keys to Success

“What do you need for a SOC 2 Audit?” Prior to starting a SOC 2 examination, clients often ask us what they can do to ensure an efficient audit

read more >

Crypto-Secured Lending

An exciting advancement in the cryptocurrency industry will allow consumers to leverage their crypto holdings as collateral for formal currency loans.

read more >

The Wolf, the Goat and the Kid: An Unexpected Tale of Invoice Redirection Fraud

In the 1668 La Fontaine fable "The Wolf, the Goat, and the Kid", a mother goat leaves home in search of food, warning her daughter about the

read more >

The Privacy of Consumer Banking Data and the Financial Data Exchange

As cyber threats and global regulations continue to intensify, the privacy and protection of consumer banking data remains a high priority of the financial

read more >

Have a question? Ask us!

We’d love to hear from you. Drop us a note, and we’ll respond to you as quickly as possible.

Ask us

contact us

Map of Pittsburgh Office
Pittsburgh

One PPG Place, Suite 1700
Pittsburgh, PA 15222

contactsd@schneiderdowns.com
p:412.261.3644     f:412.261.4876

Map of Columbus Office
Columbus

65 East State Street, Suite 2000
Columbus, OH 43215

contactsd@schneiderdowns.com
p:614.621.4060     f:614.621.4062

Map of Washington Office
Washington, D.C.

1660 International Drive, Suite 600
McLean, VA 22102