Governance, Risk, and Controls Services has been saved
Services
Governance, Risk, and Controls Services
Turn controls into competitive advantage
Rapid changes and unprecedented activity—from new participants in the public arena, activations of new companies, formation of new lines of business, or M&A—are affecting shareholder value and may also be raising concerns of increased regulation and compliance requirements.
 |
Controls advisory and implementation
Internal controls compliance today is more than just achieving the baseline. It needs to add value. Our integrated controls advisory services are designed to help organizations enhance their approach to compliance. We use emerging technologies (robotics, cognitive computing, and data analytics) to help you shift the focus of your controls function from hindsight to foresight.
Our suite of tech-enabled services can help executives gain a better understanding of their current state of controls, spot trends, identify opportunities, and change behavior. Fostering insights and engagement, these digital tools can help your controls team keep pace with growth, navigate regulatory and cultural shifts, and protect business value in a quick and cost-efficient manner.
These services are also flexible and scalable. By working across your entire controls spectrum, they can help you address a range of scenarios, from specific pain points to wholesale change.
Our controls modernization offering can provide assistance scaled to your needs. Our leading-edge CortexAI™ platform digitizes and helps to enhance controls while also driving operational efficiencies and garnering business insights. By assessing people, processes, and technology, our engagements cut across organizational silos and lines of defense, helping enhance controls resilience through automation, analytics, and other technologies. Or, we can put these tools to work documenting risk, defining controls, and providing day-to-day assistance.
Algorithms, artificial intelligence (AI), and cognitive computing bring new and potentially sizable risks. It’s vital that your organization stay on top of these risks. Digital program management can help your organization understand, govern, and address potential trouble spots that leading-edge technologies present. Our Trustworthy AI framework provides recommendations on overarching principles for AI governance, such as fairness and transparency, that can help you innovate responsibly.
Looking to get more value out of your controls testing than strictly compliance? We help companies drive controls testing efficiencies, understand their risk profile, and reveal fresh insights through a combination of proprietary AI and machine learning tools. Nexus also offers leading commercial automation software, along with our CortexAI solution, that can help you automate, visualize, and streamline your controls environment.
Whether it’s an enterprise resource planning (ERP) migration or an M&A transaction, significant business transformation initiatives typically come with significant controls implications. Our transformation assessment services can give executives and other stakeholders an enhanced view of their internal controls environment during large-scale transformations and system implementations. We can help you conduct deep risk searches to identify potential issues early. With that foresight, you may be able to avoid costly controls-related delays, defects, and breakdowns that might otherwise surface later. Additionally, our assurance-by-design approach extends our TAS services to the design and implementation phases of your future controls functions using digital controls and other leading practices to help improve controls resilience.
SOX and ICFR services
Compliance with the Sarbanes-Oxley Act (SOX) is a governance, risk, and controls challenge for many companies. Meeting your compliance obligations and regulatory requirements require the right people, processes, and technology. A balanced and streamlined approach to your compliance efforts can help keep management abreast of internal controls for financial reporting (ICFR) hot topics, trends, and regulatory areas of focus. This can also serve to support proactive alignment with your independent auditors in lockstep, increasing ICFR efficiency and effectiveness.
We have SOX-related services for any SOX program stage, from IPO readiness to modernization of your existing end-to-end program on individual processes. Let us help you modernize your SOX program to gain efficiencies, enhance quality, and reduce the cost of compliance.
Governance, risk, and controls for private companies
Private companies may not be as regulated as their public counterparts, but risk management and internal controls still have value. That value isn’t only for companies getting ready for a public listing. It’s also for companies that want transparent financial and operational information available for decision-making and reporting. Our risk-based approach to controls can help private companies shore up internal controls to increase certainty about information from across the organization.
Explore our series on internal controls for private companies
Digital risk management
Digital transformation is driving new ways of doing business and redefining how work is done. But these advanced technologies also present a new need for governance and control. Keeping pace with the risks digital transformation brings can be a challenge. Deloitte can help. Our professionals have deep experience in navigating through the risks to help you accelerate your performance.
Governance advisory and implementation
Accounting is as complex as ever. Operations, workforce, and infrastructure may all need modernization to meet your rapidly changing business needs. We can support the evolution of your financial governance organization by providing services related to technical and operational accounting with integrated controls and enhanced reporting and analytics.
More for your internal audit team
SOX compliance is often the responsibility of an internal audit (IA) function that, in many organizations, has higher expectations today than ever. For SOX and beyond, Deloitte assists IA teams with innovative methods, advanced analytics, and labs. We not only deliver assurance, but also advise on critical business issues and anticipate risks.
Latest news and insights
Contact us to learn more about our services
Let's talk
Lindsay Rosenfeld
Partner, Audit & Assurance | Deloitte & Touche LLP
Recommendations
Accounting Advisory & Transformation Services
Transforming technical accounting, governance, and controllership
The Pulse
Access briefings, quick-hit updates, and timely perspectives on recent audit and assurance topics.