Risk assessments are developed based on the history of the profession as well as the experience of each auditor. This is an advancement in risk assessment, applying expert process theories, advanced mathematical and data techniques and analytics together in a company-specific approach based on Connecting the past, present and future to provide an accurate and complete view and assessment.
From this point, we consider the interconnectedness of risks and the extent of damage that risks can impact on business operations. Combining application of the latest information technology with insights from management and a broad understanding of standards, the audit program enables our audit professionals to see where risks can be expected. Ants will form in critical processes or be created existing risks. By showing the expected impact effects between global and enterprise risks, we objectively measure the threats that actually damage the company.
These understand help our audit professionals conduct comprehensive risk assessments to improve audit quality. They will also be able to provide customers with new understand that they can use to make more informed decisions within their organizations on how best to address and monitor these threats.