Risk Management and Internal Audit

RSM firms in Latin America have experienced professionals to provide risk management services for large and mid-sized businesses. They have helped US and Latin American companies comply with the Sarbanes-Oxley Act and assisted companies that wish to strengthen and monitor their internal controls.

When it comes to the subsidiaries of foreign companies, the most common service provided by the firms of Latin America is the augmentation of a company's existing staff to carry out internal audit and Sarbanes-Oxley work under the direction of company management.

Foreign companies also request the full outsourcing of their internal audit function to perform risk assessments, control documentation, control testing, and the assessment of design and operational gaps.

In order to meet the global demand for heightened regulation, the firms in Latin America have invested in US training on the latest methodologies, and maintain close working relationships with their US counterparts through dialogue, shared engagements and exchange of professional staff.

Risk management services include:

• Internal audit
• Internal controls
• Sarbanes-Oxley
• IT security and controls
• Risk management outsourcing and co-sourcing
• Quality assurance reviews
• Business risk assessments