Risk Advisory Service

Ruchi Anand & Associates, Risk Advisory practice works go hand in hand with clients to assist in the management of risk and the achievement of strategic business objectives through proper internal control systems. Our professionals provide the value-added risk management capabilities that are the need for mitigating business risk, support business strategies and continuously improving operational performance.
Our professionals help in managing the risks and achieving their business objectives, so all our Risk services are connected with this expectation.
To save from the future risk, it is vital to manage the risks that companies face, in this regard er help our client by:

• Identifying what their key risks are
• Finding their probability and impact on business drivers.
• Structuring the program and step-wise actions to mitigate the risk

We help you to achieve a high-functioning, integrated risk and control environment that will:

• Help you decrease complexity and cost
• Improve performance
• Protect your existing assets

Our Risk Advisory Services

• Compliance and regulatory risk
• Contract risk services
• Business process enhancement
• Fraud prevention
• Technology advisory

Compliance and regulatory service

First we study the compliances applicable on the entity and chart out the risk associated. By advising to our client as to which compliances if not completed, would give rise to potential legal or economical risks and help them in assessing the extent and impact of such a risk.

Contract Risk:

We help companies manage their contractual rights and obligations with third parties in most effective manner and help them analyze the benefits and foes in that.
We help our clients in streamlining and standardizing contract management processes so that risk exposure is reduced, and cost management is done in a better way and enables better visibility to commitments on both the buy and sell side.

Business Process Enhancement

At Ruchi Anand & Associates, we make each best try to achieve reliable results and continuous optimization of their operations by providing controls optimization and business process enhancement. Our professionals break down the business process into activities and try to restructure the process in most efficient way to optimize the results of the organization in a whole. By business Process Enhancement, one can attain the benefits like cost reduction, HR optimization, Quick turnover etc.

Compliance

We at Ruchi Anand & Associates provide a range of compliance services that includes Sarbanes-Oxley and regulatory matters. We assist our clients in establishing a compliance program with greater accuracy and reliability by associating compliance programs with organizational strategies and objectives,. Our methodology can improve the efficiency and effectiveness of existing 404 compliance processes. As a division of a national accounting firm, our professionals leverage the firm’s broad regulatory and industry expertise to deliver comprehensive regulatory compliance services.

Corporate Governance

Many a times organizations see a variety of corporate governance concerns as well as intense internal and external scrutiny. For having an appropriate culture of corporate governance, we need to see that a proper and strong foundation is there. Our professionals assist clients by conducting assessments about corporate governance and by providing design and implementation services. We help our clients develop policies and procedures, monitoring structures and educate and review programs to support proper corporate governance. Our professionals also assist in developing organizational frameworks strategically that can help an organization conduct self-assessments of its existing corporate governance practices.

Enterprise Risk Management & Internal Audit

At Ruchi Anand & Associates, we suggest organizations about designing and implementing a risk management function that is cost-effective and practically sound. We help clients by providing internal audit services, which enable organizations to take maximum out of our pro active methodologies and experienced professionals to deliver a proactive, risk-based function. Some of the enterprise risk management and internal audit services that we provide include:

• Assessment and review of Corporate governance and design
• Designing the Strategic risk management and implementation thereof
• IPO readiness and acquisition integration
• Enterprise risk assessment.
• Internal audit start-up and transformation
• Risk management maturity and performance.
• Outsourcing and co-sourcing internal audit

Fraud Prevention

Frauds are potential still avoidable risks and given it is detected at an early stage, the chances of happening or repeating of fraud are reduced. Even a single fraud can lead to a big set-back financially and defame of the organization.
With full support from the client and proper implementation, an efficient and effective anti-fraud program can be implemented and the risk of fraud can be significantly reduced. Ruchi Anand & Associates assist in applying best practices for promoting an environment wherein the risk of fraud is lowered and it is exposed early should it occur. Trained fraud investigators at the Ruchi Anand & Associates’ make Fraud Prevention practice based on the skills and insights that is gained through conducting various fraud investigations. An anti-fraud program can help an organization identify, remediate and monitor the specific risk factors that set the stage for fraud.

Technology Advisory

Information technology (IT) has become a controlled business expenditure rather than a vital growth engine. Our technical professionals are skilled in providing risk-based IT functions that help our clients to align, measure and govern strategically their IT systems so that they operate with greater effectiveness. Few of the technology advisory services that we provide include:

• Pro-Business systems effectiveness
• CIO advisory
• System selection
• Technology security.
• Data analytics and continuous monitoring.