Risk Advisory

    Khandhar Mehta and Shah | Risk Advisory Services

    Introduction

    Running a business in highly competitive times like these is full of challenges, both from internal factors and external factors.

    Companies face many different types of risks – they may either cause permanent damage to the business operations, affect few processes and controls, or may destroy the company. Instead of exposing their businesses to risks that may cost billions of money in losses, companies must change the way they view risks. Moreover, companies can work to identify the risks and prepare for their impact so that business can be conducted smoothly. We, at KMS, provide the risk advisory services to our clients to help them identify, assess, prevent, transfer, and manage risks associated with their business.

    Efficient and effective risk management is a prerequisite for running a business in a global economy with prospective exposure to multiple risks. It is an essential requirement to avoid creating any negative image in the minds of the stakeholders or the community at large.

    As a part of our risk consulting services, we manage the entire process of risk management for you so that you can carry out your business operations with the utmost confidence. Our team of experts reviews your processes and systems to identify the areas of improvement and find the right solutions for you. Our rich industry experience in risk consulting enables us to take a customized, proactive approach to your risk exposure and risk management so that the company’s reputation is maintained and business objectives are met.

    Khandhar Mehta and Shah
    for a journey beyond excellence.
    knowledge. Experience.  Teamwork.

    As an eminent CA firm in Ahmedabad, we always focus on giving our clients the best in class services that reflect our values and vision of transparency, flawless, and professional work. Check out our website to understand and know more about our services and firm.

    Get in Touch with Us

    Risk Advisory Services

    Our risk consulting and advisory services include the following:

    • Study of the business operations to identify risks and formulation of enterprise risk management (ERM) strategy
    • Assessment of the identified risks, risk prioritization,
      establishing preventive controls, formulation of risk transfer strategies
    • Formulation of a risk management policy
    • Developing guidelines for the stakeholders to comply
      with the risk management policy
    • Sharing the guidelines with everyone involved in various functions of the business operations
    • Defining the risk appetite for each function and the process to comply with the guidelines with several checkpoints for compliance
    • Updating the risk management policy depending on change in economic conditions and industry factors
    • Auditing of the internal functions and processes to check
      for risk exposure
    • Implementing the risk management policy across the company’s functions and departments
    • Conducting training for various departments for effective implementation of the policy by explaining general and
      function-specific operating procedures
    • Handholding the companies during the execution process to avoid major pitfalls
    • Assistance in setting the key requirements for a robust risk management system for the company
    • Developing parameters of measurement for the company
      so that both risk exposure and risk management can be measured properly
    • Measuring the effectiveness of risk management factors and making improvements, if and when required
    • Creating standard monitoring and control procedures to check if the company is complying with the risk policy and obtaining benefits from the risk management system
    • Reviewing the processes and operations of the company to check for any more risk exposure
    • Measuring the impact of implementing the risk management system in the company to find the return on investment
    • Regulatory compliance services
    • Corporate governance consulting services
    • Consulting services on internal controls framework
    • Internal audit services and Information systems audit services
    • Fraud investigation and Forensic accounting services
    • Anti-money laundering (AML) services
    • Consulting at every step of governance and due diligence

    key differences of Kms

    KMS has an expert team of risk specialists and committed professionals who dedicatedly work towards providing consistent, prompt, and effective risk advisory services in consultation with the senior members of the client company.

    We have a reputed team of experts with strengths in various types of functions such as background aptitude specialists, field experts, process consultants, lawyers, cybersecurity specialists, enforcements experts, and accountants to deliver customized risk consulting services to dynamic businesses.
    Our risk advisors work in tandem with the client companies to identify the risks relevant to each process and as a whole to the company and give recommendations for systems and internal controls that are easily implementable and value-generating for the businesses.
    Our risk consulting services experts have a deep understanding of all types of businesses from different industry sectors, which give us an edge over others in terms of identification of risks, assessment, and development and designing of compliance programs for risk management.
    Our strong base of knowledgeable and experienced risk consultants provide the required forward-thinking insights to understand the risks affecting businesses and provide robust solutions to mitigate all the potential risk factors as a part of our risk advisory services.

    our clients say

    trust.  transparency.  professional expertise.

    KMS did a tremendous job for us. We are incredibly impressed with their risk advisory services. They did an excellent analysis of our business risks and recommended us steps to overcome them. Their risk advisors provided us insights and knowledge on our business risks that enabled us to develop strategies to manage them. Their oversight of risks and risk management system is worth recommending t other companies.
    CEO, IT company
    We have worked with KMS in several different services, and we have always had a fruitful relationship with them. Their risk consulting service is highly professional and customized to an organization’s requirements. Their team’s thorough understanding of our company in a very short time amazed us. We could not believe how quickly they assessed the risks and suggested to us risk management solutions for the benefit of our company. Thanks, KMS!
    Director, Financial Servies
    Thanks a lot, KMS, for the quality risk advisory services! They helped us in developing consistent risk management processes and systems across our organization following numerous strategic decisions. We are in a better position now to measure and monitor the risks that our company faces just because of KMS.
    Director, Pharmaceutical Company

    frequently asked questions(faqs)

    Risk advisory services are defined as the process of helping the companies to identify risks that it faces and minimize them.
    Organizations face different risks such as operational risks, strategic risks, economic risks, regulatory risks, cyber risks, financial risks, legal risks, IT risks, and reputation risks.
    Risk management means the process of identifying all the risks that businesses face, assessing these risks, and taking steps to avoid the risks, reduce its impact, or handle its impact. A risk management plan enables organizations to save time, money, assets, people, and other resources.
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