Risk Assessment & IA Plan
Overview
Our experts are well-versed in applying a structured and systematic procedure, which depends on correctly identifying hazards and appropriately assessing the risks arising from them, enabling us to advise you on controlling and avoiding these negative impacts.
Famco Associates specializes in prevention, control, and risk communication. Furthermore, our professionals can cater to your internal audit needs by performing consulting activities, including Cybersecurity Risk Assessment, helping to add value and improve your organization’s operations.
We help evaluate a company’s internal controls, including corporate governance and accounting processes. These practices ensure compliance with laws and regulations, ensuring accuracy and timely financial reporting and data collection.
What we deliver
FAMCO can carry out an organization-wide risk assessment in line with IIA guidelines to develop a comprehensive risk-based audit plan. The following services are offered:
- Audit Universe Development
- IA Risk Assessment
- Risk-based IA Plan Development
- IA Plan Resource & Efforts Calculation
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Global expertise with local faces
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Why Choose Famco Associates
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There are many differentiators that distinguish FAMCO from our competitors:
Global Research
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Value For Client
Being a global firm , We have previleged access to global knowledge base and industry best practices
Specialist People & Skills
Within nternal audit in the region, we have speacialist industry teams lead by SMEs
Each industry teams include specialists for respective industry, and not generalist
Value For Client
Focus on specific key business drivers and risks as well as insights on leading practices
Fastly Growing IA Practices
We have the one of the fastest growing IA team in the region
Our auditors are full- time permanent staff, not temporary contractors
We have right mix of bilingual professionals at all levels
Value For Client
Being a global firm , We have previleged access to global knowledge base and industry best practices
Approach & Methodology
Our approach and methodologies are at par with international standards and uniformaly understood and implemented by our staff
Value For Client
Being a global firm , We have previleged access to global knowledge base and industry best practices
Technology & Data Analytics
Our professionals use state of art technology to analyze data that contributes in intelligent auditing rather than random sampling
Value For Client
Focus on specific key business drivers and risks as well as insights on leading practices