We can help your business develop a customised risk-based assurance plan using the Three Lines of Defence (3LoD) model to address the assurance needs of your key stakeholders. We make sure that this plan provides the required assurance over key risk exposures of your business including compliance risks. The timeframe of this plan is usually 1-3 years ensuring its flexible enough to meet any unexpected but immediate assurance needs.

We can help you with not only developing an assurance plan but execute it as well. Audit and assurance activities usually involve testing of key controls implemented to manage key risks within your business. The testing of controls is to that these key controls are designed appropriately and operating effectively. This will help provide key stakeholders with assurance on the management of key risks and compliance obligations in accordance with established risk appetite and tolerances.

At the end of day, it all boils down to managing the assurance expectations of key stakeholders with regular reporting. We can help you develop reporting dashboard or detailed reports to reflect the outcomes from executing the assurance plan. We will provide you with the impacts of testing results on risk assessments and the management of risks. We can customise these reports for management and Governance Committees.