Risk
Management
Being
an Officer or Director was never simple, and now you can go to jail
for it. You cannot rest easy assuming things are under control. The
traditional financial audit is insufficient to protect officers and
directors. The world is increasingly regulated, litigious and competitive.
Risk management has become an important executive tool. The Adjunct
Enterprise Risk Management Model© provides a streamlined approach
to risk assessment that covers the sources of risk that your external
auditors cannot. The Adjunct ERM facilitates good risk management practices
in three steps:
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Services
- Risk
Assesment
- Adjunct
experts r provide a review and evaluation of the nature of risk within
the various components of the business. These assessments are independent
of your external audit and provide an additional level of information.
We work in collaboration with preexisting legal and financial relationships
and information.
Control
and Reduction Recommendations
Recommendations
are supplied on selected risk treatments in priority areas. A unique
scoring system identifies liabilities with the greatest opportunity
for improving results and reducing risk. The reports provided are also
useful for demonstrating areas of success. The Adjunct Risk Number or
ARNie provides a simple measure of risk for each area.
Implementation
Assistance
A
team of experts can assist with directions for reducing each identified
risk. If needed, Adjunct works with you to develop a new or updated
risk management plan. Regular reviews, evaluations and continuing quantification
help a firm reach their objectives.
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