In current challenging business environment of fluctuating economic trends, price competitiveness, varying human capabilities, globalization etc., Business Risk Management (BRM) has become a critical function of a business framework for sustainable and trust worthy business growth and return on investment. In small and medium size entities BRM has not been included in overall business framework as a dedicated function but its role has been assigned to various management tiers like internal audit, IS and some functions are directly executed by persons entrusted with the function of governance.
There is realization among various stakeholders that BRM function is needed, but there is limited clarity on its scope and its financial sustainability. We at International Accountants have expertise of providing wide range of BRM ranging from Governance to Security and Technology to Human Resource and Revenue Assurance to Cost Effectiveness. We have tools which could help entities in assessment of effectiveness of their control environment, preparedness to tackle external / internal uncontrollable events / risks in amicable manner.