ETHICS AMBASSADORS
Where values based decisions happen...
Risk Assessment & Management
Scope of Our Services
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We identify fraud, corruption and unethical behaviours risk areas.
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We assess levels of risks identified.
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We advise on a risk strategy.​
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We support in the implementation of the strategy (e.g., controls framework, authorities design).
PROCESS
Risk Identification
We identify the risks as follows:
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Our knowledge of the industry/ location risks;
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Analysis of organizational structure and activities;
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Interviews with employees;
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Corporate financial data analysis.
We identify the risks as following:
-
Our knowledge of the industry/ location risks
-
Analysis of organizational structure and activities
-
Interviews with employees
-
Corporate financial data analysis
We identify the risks as following:
-
Our knowledge of the industry/ location risks
-
Analysis of organizational structure and activities
-
Interviews with employees
-
Corporate financial data analysis
Risk Assessment
We identify the risks as following:
-
Our knowledge of the industry/ location risks
-
Analysis of organizational structure and activities
-
Interviews with employees
-
Corporate financial data analysis
We assess the level of the risk based on:
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Likelihood that it occurs;
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Impact (the significance of consequences).
The criteria is defined specifically for the organization.
Based on the level and type of the risks, we advise on one of the following strategies:​
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mitigation (e.g., controls);
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avoidance;
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acceptance;
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transfer.