Moore Stephens Risk Management · Business Continuity Management (”BCM”) Review Assess the...
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Every company relies on technology for their business and as their use of technology become increasingly extensive, the technology risk faced by business will also grow. Companies are now constantly under threat from data breaches, system weakness or project failure. Technology related risks in business are constantly growing and evolving but none of these risks should dissuade companies from investing in the use of technology. Moore Stephens Risk Management can help you manage your technology risks with a range of IT audit and advisory services to ensure that the technology in your company is working for you and not against you. Why choose Moore Stephens Moore Stephens is a partner-led firm which believes in providing pragmatic, cost-effective solutions to clients. Close collaboration with clients has given Moore Stephens the powerful expertise that readily translates into another key area of trust. We provide a variety of services and support offerings that tap into the experience of our professional consultants with the relevant skills in risk management and compliance. We are business-focused and provide our clients with bespoke services and solutions. With Moore Stephens, you have access to the resources of one of the world’s leading professional organisations, a global network with offices in over 108 countries, and with over 27,000 professionals. We have experience in performing risk management or internal audit for various industries including public listed companies, government-linked entities, MAS-regulated companies, charities, and various multi-national companies worldwide. We have wide-ranging experience across industries. Our Services IT Health Check Conduct a review to assess the current level of the IT general controls for your organisation against IT security standards and industry best practices. Post Implementation Review Conduct a review on your new system implementation to assess whether data and system controls are adequately migrated, designed and implemented. Business Continuity Management (”BCM”) Review Assess the adequacy and effectiveness of your organisation’s existing BCM framework and IT disaster recovery plan. IT Outsourcing Review Assess if the objectives and benefits of IT outsourcing have been fully realised and how related outsourcing risks are adequately managed by outsourced vendors. Data Protection Review Assess how securely managed and how well protected are your organisation sensitive data e.g. customer and employee information in compliance with Personal Data Protection Act and EU General Data Protection Regulation. Moore Stephens Risk Management Adding Value to Your Business www.moorestephens.com.sg
Transcript of Moore Stephens Risk Management · Business Continuity Management (”BCM”) Review Assess the...
Adding Value to Your Businesswww.moorestephens.com.sg
Every company relies on technology for their business and as their use of technology become increasingly extensive, the technology risk faced by business will also grow. Companies are now constantly under threat from data breaches, system weakness or project failure. Technology related risks in business are constantly growing and evolving but none of these risks should dissuade companies from investing in the use of technology. Moore Stephens Risk Management can help you manage your technology risks with a range of IT audit and advisory services to ensure that the technology in your company is working for you and not against you.
Why choose Moore Stephens
Moore Stephens is a partner-led firm which believes in providing pragmatic, cost-effective solutions to clients. Close collaboration with clients has given Moore Stephens the powerful expertise that readily translates into another key area of trust. We provide a variety of services and support offerings that tap into the experience of our professional consultants with the relevant skills in risk management and compliance. We are business-focused and provide our clients with bespoke services and solutions.
With Moore Stephens, you have access to the resources of one of the world’s leading professional organisations, a global network with offices in over 108 countries, and with over 27,000 professionals.
We have experience in performing risk management or internal audit for various industries including public listed companies, government-linked entities, MAS-regulated companies, charities, and various multi-national companies worldwide. We have wide-ranging experience across industries.
Our Services
IT Health CheckConduct a review to assess the current level of the IT general controls for your organisation against IT security standards and industry best practices.
Post Implementation ReviewConduct a review on your new system implementation to assess whether data and system controls are adequately migrated, designed and implemented.
Business Continuity Management (”BCM”) ReviewAssess the adequacy and effectiveness of your organisation’s existing BCM framework and IT disaster recovery plan.
IT Outsourcing ReviewAssess if the objectives and benefits of IT outsourcing have been fully realised and how related outsourcing risks are adequately managed by outsourced vendors.
Data Protection ReviewAssess how securely managed and how well protected are your organisation sensitive data e.g. customer and employee information in compliance with Personal Data Protection Act and EU General Data Protection Regulation.
Adding Value to Your Businesswww.moorestephens.com.sg
Moore StephensRisk Management
Running a business is never easy, especially when you are operating in a volatile environment and facing a dif�cult economic outlook. A strong risk management system will enable companies to develop the capability of acute risk sensing and the ability to convert risks into opportunities. Amplify your business value through risk management.
Risk management has always been a very serious matter for good companies. It is becoming increasingly challenging to manage businesses well in today’s changing landscape of growing competition, complex transactions, and demanding regulatory requirements.
New realities must be understood. Companies can turn sound corporate governance and a strong risk management structure into a competitive advantage.
Solutions for you
You need answers to your key questions on risk management and system of internal controls. Moore Stephens can help you to define your key risks, weigh the probability and evaluate the impact on business drivers. Our consultants can evaluate how these risks are being managed, the gaps in your internal control process coverage, and how technology can be optimised to better manage risks and costs. All companies can benefit from an effective risk management system. We can assess and identify opportunities to integrate and improve risk practices for the organisation. With our diagnostic tools to assess organisation-wide local and global compliance and reporting capabilities, we are able to help you do a “health check” for your business and also to develop a set of systematic action plans to achieve your desired business goals.
We consider the wider environment in which you operate and go beyond financial and regulatory risk management. We understand that threats can emerge from any part of your organisation and from the broader environmental and industry changes. Risk analysis is not limited to your own company’s risks but should also include new emerging risks that could affect the complex value chain of suppliers, customers, business partners and stakeholders.
We can support you in the development of an effective monitoring and control process that gives you earlier warnings, and enables you to respond quickly and effectively to the changing environment and market.
Adding Value to Your Businesswww.moorestephens.com.sg
Risk Management
Data AnalyticsUse data analytics tools to assess potential erroneous or fraudulent transactions and quality of data entry.
Internal Audit SupportReview the adequacy and effectiveness of internal controls for the various business processes and application systems.
IT Control Self-AssessmentAssist to establish an IT control self-assessment checklist to assess the effectiveness of your organisation IT risk management and control processes on a regular basis.
IT Compliance ReviewA review against established group policies, procedures and government regulatory requirements.
Segregation-of-Duties Access Control ReviewReview the access rights in your business applications to determine if conflicting access were granted to users to potentially perform unauthorised transactions.
Cyber Security Framework ReviewReview adequacy and effectiveness of existing policies and processes to manage cyber security risks.
IT Governance Framework ReviewReview the adequacy and effectiveness of the organisation’s existing IT governance framework against the Control Objectives for Information and related Technology (COBIT) framework.
Technology Risk Management ReviewReview the adequacy and effectiveness of the organisation technology risk management framework, policies and processes.
We believe the information contained herein to be correct at going to press, but we cannot accept any responsibility for any loss occasioned to any person as a result of action or refraining from action as a result of any item herein. This brochure is not a substitute for professional advice. Printed and published by © Moore Stephens LLP, a member firm of Moore Stephens International Limited, a worldwide association of independent firms. MSIL and its member firms are legally distinct and separate entities. Moore Stephens LLP (Unique Entity No : T08LL0862H) is an accounting limited liability partnership registered in Singapore under the Limited Liability Partnerships Act (Chapter 163A).
Copyright 2019 Moore Stephens LLP. All rights reserved.
Chris Johnson - Partner and Head,Shipping Industry GroupT +65 6329 [email protected]
Alvin Soh - Senior ManagerRisk ManagementT +65 6329 [email protected]
Key Contacts
Lao Mei Leng - Partner and Head,Risk ManagementT +65 6329 [email protected]
