Risk Advisory
In today’s complex business landscape, organisations face evolving financial, operational and compliance risks that can disrupt growth and performance. CLA Global TS provides comprehensive risk advisory services that help boards and executives identify, assess and mitigate these risks before they escalate. Through our advisory risk consulting, we deliver tailored solutions across governance, internal controls, audit and enterprise risk management, combining industry-leading frameworks with practical insights and technology-enabled analytics.
By embedding risk management into strategic decision-making, our approach strengthens organisational resilience, protects value and uncovers opportunities for sustainable growth. From enterprise risk management to control assessments, internal audits and pre-listing reviews, CLA Global TS equips businesses with actionable strategies that ensure compliance, enhance oversight and drive confident, forward-looking decisions.
Our Risk Advisory Services
CLA Global TS offers a full suite of risk advisory services to help businesses navigate operational, financial and compliance challenges. Our team leverages deep industry expertise and tailored solutions to enhance decision-making frameworks, strengthen governance and protect organisational value. We focus on delivering actionable insights and practical strategies that allow organisations to proactively manage risks, seize opportunities and build resilience.
Key offerings include:
• Enterprise Risk Management (ERM): Strategic frameworks to assess, monitor and mitigate operational, financial and strategic risks.
• Control Assessments & CSA Programs: Engaging teams to identify risks, improve processes and embed a culture of accountability.
• Internal Audit Outsourcing / Co-sourcing: Independent or co-sourced audits to strengthen controls and provide forward-looking recommendations.
• Pre-Listing Internal Control Reviews: Comprehensive reviews to ensure compliance with regulatory requirements and instill investor confidence.
• Crisis Preparedness & Risk Response Planning: Developing actionable plans to respond effectively to emerging risks and protect business continuity.
Enterprise Risk Management
Enterprise Risk Management (ERM) includes the methods and processes used by organisations to manage risks and seize opportunities related to achieving their objectives. Our risk advisory adds perspective to the strengths and weaknesses of a company’s strategy and how well a strategy fits with the organisation’s mission and vision.
By engaging key stakeholders, we can provide the following risk advisory services:
- Tabling a framework for risk management
- Assessing risks and opportunities in terms of likelihood and magnitude of impact
- Determining a response strategy
- Monitoring performance and communicating risk information
Control Self Assessment
- Gather relevant information about risks and controls
- Focus audit work on high risk and unusual areas
- Forge greater collaboration with operating managers and work groups
- Allow managers to utilise CSA programs to clarify business objectives, identify and deal with the risks in achieving those objectives
Internal Audit Outsourcing/Co-sourcing
The primary value of internal audit is to protect the organisation against traditional and emerging risks through identifying innovative ideas and recommending best practices to empower businesses in refining their competitive edge. The traditional internal audit approach is very much compliance-based and often results in limited scope being covered and/or failure to address key risks.
- Defining key risks from the start
- Protecting important business functions/drivers and ultimately achieving organisational objectives
- Flagging out all significant risks early and addressing them in a timely manner to help achieve business objectives
We can work independently (outsourcing) or in tandem with your existing internal audit department (co-sourcing) to supplement your organisation’s requirements.
Pre-Listing Internal Control Reviews
Crisis Preparedness & Risk Response Planning
CLA Global TS helps organisations develop actionable crisis preparedness and risk response plans to respond effectively to emerging threats and maintain business continuity.
Our approach includes:
• Conducting scenario analysis to anticipate potential crises
• Designing contingency and response strategies tailored to your organisation
• Implementing risk monitoring frameworks to detect early warning signs
• Training management and staff on proactive crisis response
By embedding crisis preparedness into your overall risk advisory services, we ensure your organisation can minimise operational disruption, make informed decisions under pressure, and protect long-term value.
Frequently Asked Questions
Risk advisory refers to professional guidance in identifying, assessing, and mitigating potential risks that could impact a business’s operations or profitability.
It helps businesses proactively address vulnerabilities, ensuring regulatory compliance, operational efficiency, and long-term growth.
These include financial risks, cybersecurity threats, operational inefficiencies, and regulatory non-compliance.
It equips companies with strategies to minimise losses, enhance decision-making, and improve resilience against uncertainties.
Risk advisory services are beneficial during major transitions, regulatory changes, or when facing industry-specific challenges.