Risk Assurance & Advisory

Risk assurance services enable a checks-and-balances system across internal processes that help to identify differences between perceived and identified risks and the risk appetite of the organisation.

As a diverse range of risks, including financial, strategic, operational and cyber risks, continue to proliferate, risk oversight becomes increasingly vital. As such, many businesses and organisations recognise the importance of upgrading their risk management infrastructure to enhance their functional capabilities. 

How BDO can help

BDO’s risk assurance and consulting services enable businesses to gain an accurate and extensive understanding of the risks they face and develop risk management programs that strengthen their ability to respond to both real and perceived risks efficiently and cost-effectively.  

Providing a full range of risk advisory solutions, our assurance and advisory teams provide transaction, risk, and executive services to help clients navigate the challenges, changes, and opportunities affecting their business.

Contact us to discuss your risk assurance needs.

Risk management and strategy

Without a risk management framework in place, businesses and organisations are exposed to a diverse range of risks, including operational, financial, reputational, cyber, compliance, strategic, security and fraud risks.

A tailored risk management framework benefits businesses by:

  • Identifying, assessing and controlling risks in a time-efficient manner
  • Reducing business liability to protect the reputation of the business 
  • Minimising the threat that a diverse range of risks present.  

Our risk management framework design and advisory service is designed to integrate with your business strategy and provide the confidence to maximise business opportunities in uncertain times and help you meet your business’s risk management obligations and accountabilities.

Our experts have extensive experience across a range of industries and sectors to help you manage risks effectively and efficiently. Taking a holistic approach that addresses all aspects of your business’s operational and security risks, our risk management services help you to:

  • Develop and implement formal risk management strategies, frameworks, policies and processes (including Risk Appetite Statements)
  • Identify key enterprise-wide and operational risks
  • Evaluate existing risk control strategies
  • Develop agreed high-level action plans for residual risk mitigation
  • Develop management tools to document, register, monitor and report risks identified in risk management frameworks and processes
  • Provide board and risk committee oversight, assurance and advice.

Crisis management

Providing organisations across all industries and sectors with the tools and confidence to respond to crises and structure business continuity, our risk assurance solutions include risk management planning, crisis management and disaster recovery.

BDO’s assurance services provide boards, audit and risk committees, and responsible managers with the confidence to manage a crisis, recover from disaster and continue business into the future.

Through our assurance services, we can help you evaluate and prepare key elements of any risk management plan including:

  • Risk assessment and mitigation
  • Business impact analysis
  • Crisis response planning
  • Business recovery and continuity strategy
  • Disaster recovery for IT
  • Awareness and training
  • Communication and public relations
  • Maintenance of business continuity management program
  • Exercise and assurance of business continuity.

Contact us

Contact our team to discuss your needs using the request for service form. Alternatively, call us on 1300 138 991 to speak with an adviser in your nearest BDO office.

Meet our team

Peter Toll

Peter Toll

National Leader, Food & Agribusiness; International Liaison Partner; Partner, Corporate Finance