Risk management is not the responsibility of a single department — it is the responsibility of everyone, from the chief executive down. Past corporate failings have been attributed to lack of accountability, strategy and transparency.Capitalizing upon its broad knowledge base across a comprehensive range of industries, KPMG professionals can provide the necessary know-how, methodology and tools to help fill in the gaps.
With all these demands, internal audit is in many companies often elevated from pure compliance to a function that regularly reviews the risk profile for emerging risks and identifies trends as it keep its finger on the pulse of business performance. The chief risk officer, meanwhile, becomes increasingly involved in strategic decision-making where the emphasis is as much on risk as it is on growth.
Fortify your business. KPMG firms’ professionals provide the experience to help companies stay on track and deal with risks that could unhinge their business survival.