Risk Consulting 

Good governance practices means managing risks, establishing effective internal control systems and reporting the health of the company to owners, stakeholders, and the market in general. It also prevents fraud, enforces rules and regulations and, ultimately, generates value from the compliance structure.
Increasingly, stakeholders and investors judge corporations by their governance structure, which means that transparency, ethics, and conduct and management of corporate and social responsibility - Corporate and Social Responsibilities (CSR) - really matter. 


However, compliance with laws, regulations and governance practices is often a major responsibility for businesses, and KPMG in Brazil can assist in various ways. 


Managing the regulatory environment 


Some companies address their regulatory obligations as they are presented. Others adopt a thoughtful and more long-term approach (both in terms of priorities and deadlines in regards to combining resources to obtain benefits in the business and focus on cost reduction). In all jurisdictions, KPMG in Brazil brings extensive experience in global standards and local regulations in specific industries such as:


  • Sarbanes-Oxley
  • International accounting standards such as IFRS
  • Compliance with industry-specific regulations
  • Rules and regulations


Optimizing organizational risk 


Not every risk should be considered bad. There are opportunities to extract high value from them. By understanding the potential consequences, relying on an efficient control structure in place, and reducing the threat of fraud, the client can manage the risk and turn this into a competitive advantage. As compliance rules are evolving (for example: Sarbanes-Oxley, JSOX, COSO, COBIT, CVM 480 etc.), the role of internal audit and compliance at the control level must evolve to add value. The effectiveness of companies to identify, mitigate, and manage risk is already being evaluated by rating agencies and financial institutions. In such a situation, efficient management controls can have a tangible impact on a company's valuation. 


To create a more effective risk management environment, KPMG in Brazil can help organizations to: 


  • Assess and manage risk across the enterprise.
  • Implement an appropriate control structure.
  • Identify how the company can better respond to risk and if people, policies, and appropriate procedures are properly allocated.
  • Drive efficiency from the internal audit. Prevent, detect, and investigate fraud.