Services

Risk Assessment

DLA has deep experience in performing risk assessments and the Enterprise Risk Management (ERM) process. DLA works closely with management to perform risk assessments and to design custom ERM processes.

A risk assessment is the basis for an effective internal audit strategy. DLA helps anticipate where problems may occur, how likely they are to happen and how management can avoid, accept, share or transfer these risks. A well thought-out strategy not only helps companies prioritize their internal audit efforts, but can also save money, avoid setbacks and help identify compliance needs for governmental regulations and laws.

Done correctly, a risk assessment gives organizations a clear view of variables to which they may be exposed, whether internal or external, retrospective or forward-looking. 

Organizations that vigorously interpret the results of their risk assessment process set a foundation for establishing an effective ERM program and are better positioned to capitalize on opportunities as they arise.

ERM is the process of planning, organizing, leading, and controlling the activities of an organization to achieve the objective of minimizing the effect of risk on an organization's capital and earnings. ERM includes not just risks associated with accidental losses, but also financial, strategic, operational, and compliance.