Internal audit and risk management are useful business tools since they assist in preventing or minimising the chances of incurring unnecessary costs, potential loss of resources and, most importantly, credibility to the market.
This in turn affects all stakeholders in the business – shareholders, board members, employees and customers. The existence and implementation of Corporate Governance is therefore of great importance.
- Corporate Governance mainly aims in:
- Increasing shareholder value
- Encompassing stakeholders’ legal interests
- Controlling financial, business and operational risk
- Reducing the cost of capital
Hence, via Corporate Governance it is ensured that a company implements systems and structures that can deliver the business philosophy to the best possible extent.
We therefore work closely with our clients in order examine and independently confirm or reject assumptions with respect to the accuracy of internal risk assessment and management procedures.