Risk assessment and measurement
According to the nature of the risks, templates are designed. If the risk can be quantified, the measurement models are developed.
Risk control and mitigation: The risks and the underlying controls are identified, and then an assessment is performed for the comprehensiveness and effectiveness. A corrective action plan is drafted and implemented to mitigate the impacts of the risks.
Risk monitoring, reporting: Risk monitoring and reporting process is drafted and developed, with clarity on the reporting frequency and other vital factors. A clear outline of the risk monitoring is drawn.
Decision making: The risk management is embedded into strategic decision making at the top levels. A risk based portfolio strategy is thus, designed and prepared.
Aimstorm VAT Accounting prepares a risk management strategy that increases risk awareness, facilitating better operational and strategic decisions. We help undertaking more informed and better risk management decisions. We assist formulating an effective strategy and framework for risk management. Our correct risk strategies to achieve the strategic aim helps to ensure that the risk is appropriately managed. Our enterprise-wide risk management strategy definitely helps reducing the risk factor within the whole organizational network.