Our professionals help guide companies in a way that draws from our deep Our advisory practice provides an array of regulatory, risk and executive services to clients navigating an exceptional range of challenges, changes, and opportunities. BDO will establish a dynamic ERM framework based on ISO 31000:2018, COSO (2017) integrating strategy and performance and King IV requirements to suit your organisation’s needs. Our expert team assists clients in navigating complex security challenges, identifying and addressing vulnerabilities, and improving their overall security posture. Working with us, you will be able to deliver organisational assurance and value to your Board. He discusses the potential of generative AI BDO Risk Advisory Services (RAS) plays a crucial role in assisting business management (the 1st layer), the risk management function (the 2nd layer), and internal audit (the 3rd layer) within organisations, supporting them in their respective roles. Our support covers the following areas: - ESG governance and reporting. in building strong, long-term client relationships. We help you navigate a volatile insurance market, optimize your use of insurance as a risk Ben is a Principal and Market Practice Leader in BDO Risk Advisory Services Practice for the past 19 years. Internal Audit & Expert Witness Support. Jul 8, 2024 · From technology to risk advisory, they’re experts in following through on top-level instructions and resolving the finer details – all in one straight-forward package. Our experienced professionals combine big-thinking strategy with hands-on implementation for clients in the Fortune 500 and upper middle market. We take an integrated approach to risk management, incorporating international standards and industry best practices with cognitive and behavioral sciences, military Dec 22, 2022 · BDO helps companies understand their sales tax exposure, mitigate risk and establish processes and systems to effectively manage ongoing compliance. Nov 23, 2022 · BDO’s forensic accounting professionals help organizations enhance their risk management strategy by providing forensic accounting services through remediation or design, implementation, testing, and monitoring of compliance programs. Increasingly, our prospects are determined by the strength of our response to these risks and a sustainable risk management and internal audit practice BDO’s Forensic Insurance & Recovery practice works on behalf of policyholders, providing an independent and objective perspective to quantifying, compiling, and substantiating complex insurance claims. We assist in the design and implementation of practical and cost-effective combined assurance models. We have years of experience helping businesses adapt to rapidly changing technology demands. Our professionals have a deep understanding of the industry issues, and able to tap into BDO's BDO's Professional Practice publication (Blueprint) guides professionals through the application of FASB’s Accounting Standards Codification Topic 842, Leases (“ASC 842” or “leases guidance”). Not only will we help you establish a compliant GHG disclosure and climate risk program, but we’ll also help you leverage it for competitive advantage. From financial services accounting to regulatory compliance and from risk management to dealmaking Risk management and resilience are increasingly complex challenges. cz Aug 9, 2022 · BDO’s Healthcare Consulting team brings experienced, knowledgeable advice that helps organizations enhance patient and clinician experience, leverage electronic health record (EHR) systems, develop and optimize revenue streams, strengthen workforce management, and improve the organization’s overall financial wellbeing. Printprint. BDO's Risk Advisory team helps clients stay ahead of evolving regulations with innovative, cost-effective, and third-party risk management solutions that give organizations peace of mind. Our team offers a deep understanding of industry issues, and we help clients design and implement global compliance programs, and drive results through internal audit. Indianapolis, IN 46204. Our Risk Advisory Services team stands ready to help those in the internal audit function at public and private companies alike. 10 W Market St. We can give you confidence that you are managing risks effectively and efficiently, and help you to: Develop and implement formal risk management strategies, frameworks, policies and processes (including Risk BDO Risk Advisory Services team possesses experience and expertise in ESG reporting and risk management and allow us to support you with a broad range of ESG services that can be tailored to meet your needs. After the initial disruption to the markets and most businesses caused by COVID-19, the credit and equity markets quickly normalized. snejdar@bdo. Third Party Attestation BDO Saudi's Risk and Advisory Services (RAS) specialists offer global assurance and advisory services over the quality of internal control, risk and governance frameworks. The Q&A interview also highlights –. Millard brings more than 20 years of insurance 14 FINANCIAL SERVICES | RISK ADVISORY CONTACTS BDO RISK ADVISORY FS WORLDWIDE CONTACTS EUROPE Country Contact Phone E-mail Belgium Steven Cauwenberghs 32-497-05-12-23 steven. BDO’s team of experienced professionals is here to guide you through today’s uncertain risk landscape. Learn More June 28, 2023 Innovation Technology Working with clients Related Content At BDO, client service is paramount and key to our success. We combine military models, cognitive science, design thinking and game theory with data analysis to build enduring crisis management capabilities for your Nov 27, 2023 · BDO Guernsey has expanded their advisory team and internal audit offering with the appointment of Cynthia Munemo as Head of Risk Advisory. Our team of skilled auditors works closely with companies to assess the effectiveness of internal controls, identify potential risks, and ensure compliance with policies and Dec 14, 2023 · Core Risk Advisory Roles & Responsibilities: Learning and performing as an individual or a part of team, working with experienced seniors to perform tasks such as audit procedures of vouching, verification, process understanding, walkthrough documentation. Addressing cybersecurity risk is a higher priority now more than ever before. We reframe the conversation around risk management, going beyond individual threats to prepare organizations to overcome adversity and disruption. Risk management. Without a software tool it was difficult to work together in the same formats and processes. BDO's Risk Advisory Services team helps reduce the number of variables which may affect operations and impact revenues. I was asked a series of questions about my motivation and why I wanted to join the company. Kilbourn Avenue. When you join them, you’ll work on some of the world's most exciting financial operations and business deals, building your experience and expertise alongside the brightest With our strong relationships with major insurers and brokerage firms, our team can help you evaluate risk transfer instruments, tailor your insurance policies, and negotiate lower premiums. . BDO’s Advisory team provides transaction, risk, consulting, and strategic services to a broad range of clients. We provide comprehensive risk advisory services to assist organisations in proactively identifying, assessing, and managing risks across their operations. When you join them, you’ll work on some of the world's most exciting financial operations and business deals, building your experience and expertise alongside the brightest Jul 9, 2024 · Tax. Our Risk Advisory Services include: Internal audit. The MRM space is set to see both new technologies and new complexities enter the scene in the near future. Risk Advisory. Mar 27, 2018 · Last year, BDO found that 74 percent of corporate counsel ranked a data breach as their organization’s top data-related legal risk. BDO’s Risk Advisory professionals work with our clients to define, execute and monitor their risk management strategies and help to ensure they meet compliance requirements. be Cyprus Christos Andreou 357-25-847-415 candreou@bdo. BDO Digital. The BDO ERM system can identify, assess and evaluate risks, map controls, capture assurances and track actions. Article. 1:00 PM EST. Whether it's strategic, operational, financial, or compliance risks, we partner with organisations to enhance their risk management capabilities, strengthen resilience, and achieve Our clients rely on BDO’s forensic consultants for damages analysis, post-acquisition disputes, shareholder and partner disputes, international litigation, and litigation support related to family law, construction claims, royalty and license fee examinations, and intellectual property. 25 JUL 2024. We offer a wide range of advisory services spanning financial reporting/reserving, pricing/budgeting, predictive analytics and enterprise risk Advisory at BDO. Using our deep experience with regulators around the world and a team of in-country professionals allows us to work with you to design a comprehensive May 24, 2022 · According to BDO’s 2022 Middle Market CFO Outlook Survey, 27% of companies say “synergies fell short of expectations” for acquisitions made in the past three years, and another 8% say they did not successfully capture the available synergies. Our Advisory practice provides an array of regulatory, risk and transformation Feb 5, 2014 · John Hijmans, a Partner at BDO Risk and Advisory Services in the Netherlands office, explained this further: “The effectiveness in the cooperation of the three lines of defence was sub optimal. Our concurrent audit services contribute to strengthening financial reporting accuracy, safeguarding assets, and enhancing overall governance and risk management practices. Feb 28, 2018 · BDO’s Data & Information Governance professionals want to ensure your organization is taking in account the many ways to protect EU personal data. Tax. BDO’s risk management framework design and advisory service can help you meet your risk management obligations and accountabilities. Read More. fax +1 414-272-1090. Cynthia will join fellow recently appointed Fraser Hiddelston to develop BDO’s advisory offering, drive strategic thinking and foster new client relationships in Guernsey. We live in an increasingly uncertain world and our success is challenged by an evolving array of financial, economic, environmental, technological, political and social risks. At BDO, you can do much more than fulfill your career ambitions — here, you can explore your full potential. BDO can help you identify and mitigate operational risks before they threaten to disrupt your business. BDO Indianapolis. He has more than 30 years of experience with Big Four and Fortune 200 companies. Our personable and pragmatic approach ensures strong working relationships with all our clients that go beyond the individual assignments Jun 26, 2024 · Our AI consulting professionals take a strategic view of your business to identify and prioritize opportunities where AI can make the most impact. Mar 25, 2020 · Tune in to this episode of our 60-second Retail podcast, where Ross Forman, Managing Director of Strategy & Innovation in the Management Consulting practice at BDO USA, breaks down what is fueling the Union strikes we’ve seen so far, and what the long-term implications might be for the retail industry. We offer a comprehensive range of cyber security services to help our clients safeguard their digital assets and become more resilient against cyber threats. Organizations found not in compliance will face fines up to $20 million, or 4% of global turnover May 2, 2024 · From technology to risk advisory, they’re experts in following through on top-level instructions and resolving the finer details – all in one straight-forward package. BDO serves clients across the country and around the world as they navigate an increasingly complex tax landscape. Interview. Where are you on your sustainability journey, and where Dec 20, 2023 · Future Trends in Model Risk Management. We know meeting complex Sarbanes-Oxley (“SOX”) requirements can be overwhelming. We aim to assist our clients in meeting the regulatory requirements and provide advisory services in the following key areas of AML/CFT: Management oversight The benefits of our digital advisory services. call +1 317-613-5400. Forensic Consulting Case Studies. I am Head of Digital and Risk Advisory Services (DRAS) for the Midlands and manage our Midlands Manufacturing team, bringing together the very best of experts and specialists to add real value to the sector. These changes are poised to impact three key areas of the practice: Gaining Efficiencies: Model risk management practices offer a wide range of applications that could benefit from groundbreaking May 11, 2024 · I interviewed at BDO (London, England) in Nov 1, 2023. We reviewed the company’s books and recalculated its exposure to business interruptions across the supply chain. The specific types of third-party risks common throughout global supply chains. call +1 414-272-5900. May 6, 2021 · Business Restructuring & Turnaround Brief. Audit & Assurance. A qualified retirement plan, the ESOP offers participants a stake in the firm’s success through beneficial ownership and a unique opportunity to enhance their financial well-being. BDO Milwaukee Office. One (1) hour of CPE may be earned for each of the four events. Oct 17, 2018 · Cybersecurity & the CFO: Monetizing Risk. Over the course of eight weeks, our BDO is the first large accounting and advisory organization to implement an Employee Stock Ownership Plan (ESOP). Reviewing status updates and preparing draft report, presentations/audit committee Jan 8, 2024 · A third-party risk management (TPRM) platform can help meet this need, interfacing with a company’s existing systems to create a centralized hub to manage the risks introduced by external vendors. Since our establishment in 1981, BDO Hong Kong has committed ourselves to facilitating the growth of businesses by advising the people behind them. BDO’s fourth annual Inside E-Discovery & Beyond survey examines the opinions and insights of more than 100 senior in-house counsel about changes in their approaches to e-discovery, information governance Financial Services Advisory. A Newsletter from BDO Consulting Group, LLC. BDO’s Contract Compliance services are designed to serve virtually any company engaged in construction projects, or with vendors, suppliers, franchisees, leases and licensees through contractual agreements. The day every organization conducting business in the EU (even those not located in the EU) must adhere to the regulation on the protection of user data. The ESOP reflects a new model, innovative in our profession, to empower our people and serve our clients while also fueling quality, ongoing investment and growth for our future. When you join them, you’ll work on some of the world's most exciting financial operations and business deals, building your experience and expertise alongside the brightest Team Focus: Risk Advisory Services Demand for our Risk Advisory Services (RAS) has grown strongly, reflecting the many evolving challenges organisations face. Our Advisory practice provides an array of regulatory, risk and transformation services to clients navigating complex challenges, changes, and opportunities. As home to one of the nation’s largest government Aug 16, 2022 · Protecting Brand Reputation: Know Your Suppliers. In an environment of market volatility and economic uncertainty, it pays for businesses to better manage risk. Interview questions [1] Question 1. Our Advisory Practice provides a breadth of services to UK and global clients including corporate finance and transaction services, business restructuring, forensic advisory, risk advisory, a full range of outsourcing offerings and strategy support as well as assurance, advisory and investigation services to International Institutions. Find out more about how we are making an impact. We help you responsibly embed AI into your day-to-day functions, empowering your team to work smarter, faster, and more strategically. Working as a consultant with our advisory team you will provide clients with strategic advice they need to navigate the Apr 27, 2023 · As a result, the client suffered a financial loss of $80 million — plus a loss of confidence in its broader risk management program. Our Risk Advisory Services (RAS) specialists offer global assurance and advisory services over the quality of internal control, risk and governance frameworks. Suite 750 Two Plaza East. Our services include: Insurance Program Assessment and Policy Evaluations. Zviad has been a part of the legal tech AI industry since its infancy. Other, older surveys have even put the failure rate of M&A somewhere between 50% and 80%. If you would like more information on our Governance, Risk, Regulatory and Internal Audit services, or to discuss a particular issue BDO works with you to build a data-literate workforce, monitor data landscape health, and help optimize quality and data operations to use information as a competitive advantage. Mar 29, 2023 · I interviewed at BDO (London, England) in 10/1/2020. Our nationwide network of sales and use tax professionals draw on a range of backgrounds and work experience beyond public accounting. Working with us, you will be able to establish an Internal Audit Services monitor and test the effectiveness of internal control systems, processes, and controls. We work with organizations to help identify and mitigate risk — and recover faster when incidents occur. Outsourced Risk Management Support. Our long history of preparing claims is respected by underwriters, adjusters, and their accountants, and has allowed us to recover more than BDO’s dedicated and highly experienced advisory services teams across the world have the depth of industry and technical resources to respond rapidly to our clients’ needs. "BDO BDO helps you prepare for the next business crisis—whatever that may be—by building the capabilities to respond to unpredictable threats and transforming problems into opportunities. Summarizing key aspects of ASC 842, the Blueprint helps all companies, public or private, understand and comply with the leases guidance. There are 4 questions following the situational and numerical assessment - you have unlimited preparation time once presented with the questions and 2 minutes to speak once you have started recording your answer. May 25, 2018 marks the GDPR compliance deadline. place Get Directions. Download BDO's GDPR Checklist for an in-depth look at each area covered above and mitigate risk for your organization. Working at BDO offers curious-minded people excellent exposure to all aspects of business strategy, operations and more. BDO’s Accounting Advisory & Outsourcing practice provides a comprehensive slate of reporting, advisory and consulting BDO’s Valuation & Capital Market Analysis team provides a full suite of valuation and related services including model risk management, capital structure optimization, infrastructure advisory and financial modeling consultancy so clients have the economic and financial intelligence needed to make informed business decisions. BDO's Risk Advisory specialists offer global assurance and advisory services for your risk management, compliance, and governance processes. BDO’s dedicated and highly experienced advisory services teams have the depth of industry and technical resources to respond rapidly to the evolving business needs of clients, across industries. In 2023, BDO USA became the first large accounting and advisory organization to establish an Employee Stock Ownership Plan (ESOP). Additionally, process integrity services help to identify opportunities for improved efficiency and effectiveness, ensuring Our approach goes beyond mere risk mitigation – we identify potential vulnerabilities, anticipate emerging threats, and implement proactive measures to safeguard assets and reputation. See All. Mr. We work side by side with clients to understand their unique environments and requirements, developing solutions that promote greater compliance, productivity and operating efficiency. Whether a business is facing regulatory compliance challenges, operational disruptions, or reputational risks, we have the expertise and experience to help Led by our senior Valuation & Capital Market Analysis (VCMA) professionals, our webinar series provides relevant insights and knowledge applicable to a variety of key team members in both public and private companies. Behind our reputation stand the people whose commitment makes it true. This year, the report highlights how quickly risk priorities are shifting in response to the shifting business landscape; The report is packed with insights and Advisory. We have a reputation for delivering value for money and helping our clients achieve their goals. Mar 28, 2018 · Secure Your Data and Become GDPR Compliant. BDO's Risk and Advisory Services consists of certified, well-experienced, educated and informed specialists who can provide exceptional, tailored advisory services well suited specifically to address that particular need for your organisation. See All Locations. ” BDO’s Risk Advisory professionals have years of experience educating clients on the best ways to design systems that will not only meet compliance but improve business processes. Access to information is one of the keys to managing risk in Apr 29, 2019 · Chicago, IL — BDO USA, LLP, one of the nation’s leading accounting and advisory firms, today announced the appointment of Mark Millard as Managing Director and leader of the newly-created Insurance Risk Advisory group in the firm’s Forensic Investigation & Litigation Services practice. Data analyst: Interprets data to identify patterns, trends, and risks, promoting data Dawn leads the Internal Audit Risk and Controls practice within Risk Advisory Services, where she is responsible for practice management, including resource planning, financial performance (P&L), business development, quality control and client satisfaction. As the market and the regulatory demands continue to increase for financial services firms, we provide the bespoke advice and proactive service needed to help our clients succeed. Read More chevron_right View All Services chevron_right BDO can help assess the health of your organization’s privacy and data protection behaviors and develop holistic strategies to maintain effective operations that meet regulatory obligations. I was also asked what skills I have recently acquired that would enable me to be successful in my chosen role. To bring our clients exceptional service and our communities exceptional value, we Jul 10, 2024 · Key roles in the future risk team will include: Resilience lead: Anticipates and prepares for changes, risks, and opportunities brought by AI while acting on data insights, including hiring a team with the skills to execute on the potential AI can bring. 330 E. cauwenberghs@bdo. I manage a large client portfolio of predominantly listed UK and International businesses delivering BDO Knows Internal Audit. Risk Management Frameworks. Our dedicated professionals are well-versed in the interpretation and analysis of contract provisions, with credentials based on broad Comprised of life, health and property and casualty actuaries, BDO’s Insurance Advisory Services (IAS) team has extensive knowledge of the increasingly complex and ever-changing insurance industry. BDO Forensic Services in Ireland is part of BDO’s global network of successful, experienced and innovative forensic and dispute advisory practices. Our professionals help companies transform from being compliance-driven to being managed organizations focused on risk management. Every year, BDO Global launches its annual Global Risk Landscape Report which surveyed 500 C-suite As one of the world’s largest accountancy networks, BDO helps a diverse range of clients with a diverse range of needs. View Webinar Series. Our leadership team understands that our work begins and ends with a strong culture. Our BDO Risk Advisory Services team are experienced in providing AML/CFT support to numerous authorised institutions, licensed corporations and store valued facilities licensees. Aug 20, 2018 · IDD should be a component of a thorough buy-side due diligence program, and it should be integral in certain circumstances in considerations as to: (1) the decision whether to walk away from a deal, (2) the price of the deal, or (2) the future management of the value of an investment. Leveraging global capabilities and innovative technologies, our multidisciplinary team helps you mine value from your data while mitigating risk and meeting legal and Apr 12, 2024 · In this Q&A, BDO’s Corey Dunbar and James MacDonnell provide an overview of the key risks facing today’s supply chains and share the extent companies are exposed to vulnerabilities from their third-party relationships. Approximately 15% of CFOs say they are just getting started, 52% are using ESG primarily for compliance, 21% consider ESG to be a strategic imperative, and 12% say ESG is ingrained in the business. As companies face greater scrutiny and higher market expectations around taking responsibility for the Jul 13, 2023 · The Global Risk Landscape Report also examines the attitudes of risk leaders to a range of evolving risks such as Artificial Intelligence (AI), geopolitical tensions and supply chains. With more than 15 distinct speciality service areas, our national practice supports clients in navigating challenges throughout the entire business lifecycle. Whether it’s advanced analytics, robotic process automation, continuous auditing, or continuous monitoring, BDO provides tech-enabled, agile risk services that prioritize strategy and aim to reduce the cost of compliance. Our professionals are drawn from a variety of multidisciplinary backgrounds, allowing us to deliver insightful and innovative solutions. BDO's global organisation extends across 166 countries and territories, with over 115,600 professionals working out of 1,776 offices – and they are all working towards one goal: to provide our clients with exceptional services. The company engaged BDO to reassess its insurance framework. In this role, she works with the Central, West and East geography leaders in the firm's BDO works with you to develop a program that establishes long-term alignment between your sustainability and FAR compliance strategies. It assists management with identifying processes and procedures that pose a risk and require attention. Assurance Maps. Partner, Risk Advisory Services. BDO’s Insurance Risk & Recovery practice leverages deep functional and industry knowledge to strategically manage risk and recover from losses. By managing risk through the establishment of effective internal controls and sound governance, your business can do more than just survive. Webcast. We understand that companies need more than basic accounting services to remain competitive in today’s ever-changing market. Our clients range from companies and major law firms to regulators, public BDO leverages digital technology to support a wide variety of risk and compliance processes for our clients. Suite 1950. When fraud arises or is suspected, our forensic accounting consultants possess the analytical, investigative BDO’s Management Consulting practice helps organizations create value amid volatility. Many are former sales and use tax auditors from state tax BDO’s Valuation & Capital Market Analysis team provides a full suite of valuation and related services including model risk management, capital structure optimization, infrastructure advisory and financial modeling consultancy so clients have the economic and financial intelligence needed to make informed business decisions. A TPRM platform, such as that offered by Fusion Risk Management, can enable companies to organize and mobilize their defenses by breaking down May 2, 2024 · From technology to risk advisory, they’re experts in following through on top-level instructions and resolving the finer details – all in one straight-forward package. Working with us, you will be able to establish an internal audit service that delivers not just assurance to the Board through the Audit Committee, but adds value to the Feb 23, 2023 · BDO’s latest CFO Outlook Survey identified varying degrees of maturity for ESG programs. We offer a critical perspective on the systemic and emerging risks within your operations When done well, risk management not only future-proofs your organisation, it helps you navigate stormy waters and unexpected headwinds. We apply this end-to-end approach across our practices, starting with our strategy and innovation team which BDO works with clients across a broad range of industries to address different business issues such as, profitability pressures, mergers and acquisitions, changing regulations, volatile economies, and emerging opportunities. Knowing your suppliers is becoming an increasingly important aspect of protecting a company’s brand reputation from risks lurking far beyond the ethical business conduct of its employees. Advisory. Milwaukee, WI 53202-3143. BDO is a consulting firm that offers business advisory, audit, tax and numerous business outsourcing services in different sectors and industries. With a comprehensive portfolio of accounting, assurance, tax, advisory and digital transformation services, we assist financial services organizations in tailoring their business to promote growth and provide a best-in-class customer experience. cy Czech Republic Ondrej Snejdar 420-777-312-365 ondrej. Oct 18, 2022 · Our leaders earn trust by living our values and showcasing our purpose in action, demonstrating each day how we empower our people, advise our clients and serve our communities. fax +1 317-613-5400. Sustainability and ESG. Overview. In this episode of BDO’s Legal Tech Talk Podcast, Zviad Guruli, an attorney at WilmerHale, talks about the impact of artificial intelligence on legal technology. By last summer, lenders and investors, for the most part, returned to “business as usual”. As a Chartered Accountant and Our Digital & Risk Advisory Services (DRAS) are designed to enable organisations to leverage our innovative methodologies, technology, and highly experienced professionals to manage their business risks most effectively. As one of the world’s largest accounting and advisory firms, BDO helps a diverse range of organizations achieve their business goals. Forensic Services. BDO's Risk Advisory team proactively works with clients, from startups to Fortune-500 companies, to help manage risk through tested, real-world strategies and best practices. Article February 28, 2018. com. BDO's Legal Tech Talk Podcast - Episode 20: AI in Legal Technology. Dealing with us is different. Since cybersecurity is an entity-wide issue impacting many areas within an organization, it is important that it is “owned” by a person or group with the appropriate line-of-sight, authority, and access to the board. This is especially true of our Advisory Practice, which provides corporate finance and transaction services, business restructuring, forensic advisory, risk and management consulting services to clients navigating an exceptional range of challenges, changes and opportunities. BDO is a collection of valued individuals whose contributions together power our work. That’s because we’re committed to helping our employees achieve on both personal and professional levels.
ue yp we fa jv rk sj aa bm fg