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

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

our thoughts on

Judge Hands Down Longest Sentence to Date in College Admissions Scandal

On February 7, a federal judge in Boston issued the most severe verdict yet to a parent involved in Operation Varsity Blues, the college admissions scandal

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California Utility Crisis Could Reshape Regulatory Environment

California’s recent fire crisis has the potential to shape the regulatory and business landscape of one of the largest energy markets in America.

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Continuous Monitoring and Auditing – A Growing Automation Trend in Internal Audit

Continuous monitoring and auditing are automated feedback tools used to monitor processes, transactions, IT systems and controls on a frequent or continuous

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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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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