Risk Assessment

Know Your Risks

Schneider Downs identifies and ranks an organization’s most likely and most potentially damaging risks, identifies controls in place, and pinpoints control gaps through the use of a formal risk assessment methodology.

After co-developing with you the strategic objectives for your assessment, our multidisciplinary team of internal auditors, IT specialists and subject matter professionals review all levels of the organization to assess risk, isolate control gaps and propose mitigation strategies for vulnerable areas. The results are typically used to drive a risk-based internal audit plan.

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

Six Tips for Writing Effective Internal Audit Reports

You’ve successfully planned and executed your audit. Now, it’s time to communicate your findings to the client, board, or committee. Here are

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FinTech and the Risk of Convenience

Financial Technology (FinTech) companies strive to work with financial institutions and consumers to provide the ability to conveniently access financial

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Recertification of PA Act 153 Clearances

It’s quickly approaching the time for the recertification of Pennsylvania Act 153 clearances. Clearances are valid for 5 years. Act 153 took effect

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Conducting an ERM Evaluation

Institutions of higher education face a number of challenges in today’s highly competitive business and social climate: reputational risk, obsolescence,

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Operation Varsity Blues and Internal Audit

When news broke regarding the college admissions scandal back in March, I couldn’t help but think: where were the internal auditors? Thirty-three

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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