Business Risk & Controls
Issues related to Business Risk & Controls used to be primarily the concern of large publicly-held companies. However with the acceptance of the COSO 2004 Enterprise Risk Management-Integrated Framework and subsequent updates as a model for business risk management and in an effort to become more transparent and proactive for the sake of boards, lenders and other stakeholders, privately held businesses and not-for-profit organizations have become keenly aware of business risk matters and are taking the wise step of seeking outside help to ensure these areas are addressed. Allan Smith & Company, CPAs PC Business Risk & Controls expertise not only works to help our clients satisfy corporate governance requirements, but also to establish best practices in their core competencies.
For instance, our specialized team is trained and experienced in providing: