Risk Advisory Services

What are the risks to your business?

A companys 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 eight 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:
A not-for-profit client out of 401(k) compliance.
big thinking:
Allowing more contributions by highly paid employees.
 
big problem:
Hackers attempting a six-figure wire transfer.
big thinking:
Rapid action spearheaded active containment and response.

our thoughts on

Artificial Intelligence in Higher Education

Before you finish typing a key word in the search bar, it may appear as if your thoughts have been predicted. Artificial intelligence (AI) and machine

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Why Higher Education Institutions Must Comply with GDPR

The EU General Data Protection Regulation (GDPR) has been in effect for 10 months. One sector that has been affected by the newly enforced regulation,

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Minimizing Higher Ed Risks - Utilizing Internal Audit and Data Analytics

We’ve all seen various colleges and universities in the news lately, and the news was not always positive. Higher education institutions face a varied

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Enterprise Risk Management in Higher Education, and How Internal Audit Can Help

Recent history indicates that the pace of change in Higher Education is unprecedented; however, institutions are only seeing a modest increase in the use

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Financial Institutions - Regs on Regs on Regs

Last month a colleague and I were fortunate to attend the PA Bankers Association, School of Compliance in Harrisburg, PA. The training consisted of 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