Risk Advisory

Forward-thinking leadership is integral to success whether your organization is public or private, large or small, corporate or not-for-profit. Yet, the ability to position the business for growth and to meet on-going responsibilities can be compromised without access to independent and objective data and advice. CohnReznick's Governance, Risk and Compliance (GRC) practice is adept at providing focused, deeply substantiated recommendations to senior management to support decisions involving Sarbanes-Oxley compliance, assessment of strategic transactions, evaluation of enterprise risks, and functional audits of financial reporting, operational, and technology platforms.

Effective internal audit gives you assurance that your organization works as it should as well as early warning about emerging risks and opportunities. Evaluation of the audit process is equally vital. Across functions and workflow and at regular intervals, CohnReznick assesses the accuracy and quality of your internal audit function, benchmarks the process, and identifies ways to strengthen the audit. If you require it, we will provide technical resources to support your audit advisory committee and additional staff and expertise to augment your internal team.

• Learn more about Cybersecurity, Technology Risk & Privacy

The IT environment that your organization depends upon is subject to risk on a daily basis. You need both an offensive and a defensive strategy to protect critical data and IT assets. CohnReznick’s technology risk and cyber specialists help you identify, manage, and respond to technology threats and regulatory compliance requirements while developing strategies to safeguard data and systems. Our In-depth understanding of the different layers of the technology stack enables us to identify risks and design more resilient IT controls across your infrastructure, network, operating system, databases, and application level. We use industry-leading standards, frameworks, and technologies – including Control Objectives for Information and Related Technology (COBIT), Open Web Application Security Project (OWASP), Information Technology Infrastructure Library (ITIL), International Standards Organization (ISO), and National Institute of Standards and Technology (NIST) – to facilitate a top-to-bottom review of your IT environment and identify control weaknesses.

Whether your company is preparing for its first IPO or an established listed entity, compliance with Sarbanes-Oxley (SOX) can be costly and time-consuming. CohnReznick can develop a top-down, risk-based approach to SOX and other compliance obligations in alignment with your business structure and activities. The members of your compliance team — including the audit committee, internal and external auditors, general counsel, compliance officers, process owners, and key stakeholders — will perform their respective reviews following a coordinated and streamlined workflow that will transform SOX compliance from a burden into process improvement for your organization.