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RISK ASSURANCE

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Risk Management Assurance

Whether it is ISO 31000, COSO, Basel or OECD risk management framework, our team of risk specialists can help you gauge the effectiveness of your risk management practices. We use a clear scoring method administered by experienced professionals. 

 

A gap analysis, performance score, recommendations for improvement and professional opinion will be provided in the report. 

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Process Risk Assurance

Processes help convert resources into deliverables. They are part of an organization's trade secret and know-how. These processes help maintain a competitive edge.  SCRP can help you analyse bottlenecks and negative causalities to kick off your improvement agenda. We can also engineer your processes to be more resilient against constantly evolving risks.

 

A gap analysis, performance score, recommendations for improvement and professional opinion will be rendered in the report.  

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Quality Risk Assurance

We can look at ways on how you can reduce the costs of quality. This means you may be able to exceed your quality targets with the current costs or maintain current quality at lower costs. This can boost your product or service competitiveness. SCRP can help you identify quick-wins to lower your quality risks in a short period of time. 

A gap analysis, performance score, recommendations for improvement and professional opinion will be expressed in the report.  

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Compliance Risk Assurance 

We can customize compliance programs for you to better manage compliance risks. Our approach is to embed these regulatory requirements into your day-to-day processes, at the same time avoid duplication of effort. This checklist exercise can immediately streamline your operational procedures.   

 

A gap analysis, performance score, recommendations for improvement and professional opinion can be included in the report.  

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Regulatory Risk Assurance 

This service is specifically designed for regulators. Lawmakers and administrators may be interested to find out if their regulatory processes comply with the Good Regulatory Practices (GRP)  or any OECD based standards and guidelines. SCRP's regulatory risk scoring parameters can help regulators achieve better impact and public approval ratings. A gap analysis, performance score, recommendations for improvement can be provided in the report. 

 

 

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Audit Risk Assurance

External and internal audits contain inherent risks and sample risks. Were proper sampling techniques taken to derive at an audit conclusion? SCRP can carry out stochastic modelling and evaluations to examine audit results and recommend ways to strengthen audit evidence and back audit conclusions.  

 

A gap analysis, performance score, recommendations for improvement will be included in the report.  

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Cybersecurity Risk Assurance

With the increasing adoption of technology and IR4.0, cybersecurity has become more prominent. Whether it is NIST, ISO 27000 or CoBIT, we have experienced professionals to evaluate your cybersecurity risks. 

A gap analysis, performance score, recommendations for improvement and opinions will be provided in the report.  

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Technology Risk Assurance

Emerging technologies and trends are quickly transforming businesses, shifting the competitive landscape. Organizations that are slow to change are exposed to technology risks. SCRP has a team of technology foresight professionals and innovators to evaluate your innovation capabilities and development paths. We can help you anticipate potential development lags and market challenges that you may potentially face.

 

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Data Privacy Risk Assurance

We can carry out risk assurance work based on the Personal Data Protection Act 2010 or EU's General Data Protection Regulations. Corporate or government entities that have trade or bilateral relations with the EU may want to review the potential risks that they may face when dealing with EU entities. In a borderless world of information, data privacy risks are real and significant. SCRP can provide risk assurance for your current compliance level or future-readiness.