• approach
• industry experience
• services
  • Chief Audit Executive Services
  • Custom Internal Audit Training
  • Enterprise Risk Management
  • Internal Audit & Internal Controls Advisory

Enterprise Risk Management

Developing a program for anticipating and mitigating enterprise risk demands a solution tailored to your specific business – your markets, your sector, and your particular operational model. Correspondingly, no single solution or “one-size-fits-all” approach will be successful.

Daniel Gaffney & Associates helps companies to design, develop and implement an effective framework for identifying and managing enterprise risk, including providing solutions and recommended tools for effective project management. Our services include:

• Implementing an internal Steering Committee for ERM, and identifying key executives
• Designing and conducting formal annual risk assessments
• Developing and conducting training on how to monitor specific financial or operational risks, including trigger points for particular actions and detail on those required actions
• Identifying the root causes of systemic or single failures – including fraud – along with determining damages and working with counsel to support recovery or prosecution
• Processes to formalize reporting and project management

Enterprise risk management is a responsibility of senior management – from the Audit Committee to the CEO to key financial and operational executives. However, not every company requires a full-time person dedicated to ERM or needs a large team of consultants to implement an effective risk management program.

Daniel Gaffney & Associates specializes in developing targeted-scope ERM programs that meet the specific needs of our clients.