Enterprise Risk Management Frameworks

In order to identify and manage the business risks facing an institution, we work with the Directors and management to:

  • Develop the strategies, tools and processes to analyze the nature and occurrence of risks in the Institution.
  • Determine the specific external and internal risks that impact on the institution.
  • Quantify the identified risks by assessing the likelihood of risks occurring, and the impact in the event of crystallization.
  • Determine the appropriate strategies to treat (or mitigate) such risks including.
  • Developing the policies, procedures and controls to reduce the likelihood of occurrence, or impact in the event of crystallization.
  • Assigning responsibility for implementing and testing the effectiveness of the policies, procedures and controls to mitigate the risks.

Management Training

MACL has the resources, and expertise, to provide relevant and value-adding skills to all management grades through seminars / workshops covering: Enhancing managements’ appreciation of their organisation’s internal control structure; Fraud, Awareness and Prevention; and, Finance for non-Finance Managers.

Our consultants have facilitated training in Risk Management, Internal Control, Internal Auditing, Financial Management, and Corporate Governance support services for a broad range of organisations.