An increasingly regulated UK and international environment calls for businesses to understand their risk landscape: to identify and manage their risks to help to drive their long-term sustainability and business performance.
An effective system of internal control can aid an organisation in its response to business, operational, financial and compliance risk. Organisations that fail to recognise the need to control risk expose themselves to the potential failure to achieve business objectives, material errors, losses, fraud, or breaches of laws or regulations. All of these can have a significant impact on an organisation’s ability to operate successfully.
Stability and assurance from good corporate governance practices can improve shareholder value. Businesses with good governance and risk processes are more likely to attract finance from global capital markets and overseas trading partners.
Mazars can successfully address these requirements for a wide range of entities, using practical and pragmatic solutions to meet complex needs, and working closely with senior management to ensure our work matches business circumstances and culture.