As opportunities for your business to grow increases, so does the exposure to risks. Our advisory and risk consulting services aids you in providing a pragmatic approach in operating your business by identifying and mitigating potential risks.
Managing the complex web of engagements with multiple business relationships, clients, investors, shareholders, vendors, and customers requires integration of risk management from a single source. We help your business to identify the areas of risks, and provide pragmatic solutions to mitigate them thus giving you the competitive advantage over your peers.
As the name suggests, operational risks entail the risks that a business may incur while carrying out its day-to-day operations. These risks could be an outcome of poorly designed processes or faulty systems or merely human errors. We have professional experience in going through your end to end processes to identify operational risk vulnerabilities and design appropriate controls such that your risks are managed within your risk appetite.
Do you have systems and processes in place to perform a regular health assessment of your key controls?
Do you wish to help your board members and senior executives manage enterprise risks?
We can help your business accomplish its strategic objectives by adopting a systematic, disciplined approach to evaluating and improving the effectiveness of risk management, control, and governance processes.
Do you have an effective Internal Audit function?
Our internal audit services provide specialized inspections by our profressionals to monitor the effectiveness of the control environment within your businesses, more specifically highlighting weaknesses in your internal controls. Our approach goes beyond the traditional role of an internal auditor and assist you to tap new ways of addressing risks. We have expertise in the following areas.
We at Adventant, assist you in improving your businesses to achieve better efficiency, effectiveness, control, fraud mitigation and governance. To this effect, our advanced internal audit approach is well designed to evaluate existing processes of any line of business.
Our integrated business solutions combine corporate governance, risk advisory, internal controls, and regulatory compliance services to complement our audit, assurance, AML and taxation practices. Our Risk Advisory specialists have a long history of evaluation and improvement of internal control systems and processes .
In November 2017, In-Country Value (ICV) program was announced for ADNOC Group Companies. In 2019 and 2020, various Government and semi–Government entities a.k.a Participating Entities, have joined hands to broaden the ICV certification process for suppliers across various sectors in Abu Dhabi and the UAE.
The main objectives of the Government behind the launch of the ICV Program were:
Certification of the ICV score needs to be completed by an ICV Committee approved certifying body on an annual basis and submitted by the supplier to Participating entities with each proposal they make.
With experience and strong credentials to back us, we at Adventant have a specialized team to oversee this service line.
When you operate a business, you are bound to face risks, but what you do to identify and mitigate those risks can make or break the existence of your business. At Adventant, our highly trained professionals rely on their years of expertise to advise you on taking apt measures to make informed decisions that will eliminate interruptions in business operations.
Our line of action involves the following steps.
Our industry expert professional will aid you in managing the risks and ensure that the operations adheres in compliance with the policies laid down to have a healthy and sustainable future for your business.
