ASSURANCE AND ADVISORY
It’s a fact that risk exists within every business, big or small. Risk can take many forms, including fraud, leakage, non-compliance, security breaches, inefficient business processes and poor governance. Although all successful organisations should have effective risk management processes in place, this can require highly specialised skills and expertise.
It is believed that up to 30% of New Zealand businesses are subject to fraud, error and corruption. Workplace or employee theft can occur for years without being detected, and too often business owners seek assistance only after major problems become apparent. The damage can be substantial, from financial loss to business devaluation, loss of stakeholder confidence to even closure in small businesses. In many cases these situations are entirely preventable with the right expertise and specific, tailored system improvements. Effective risk management helps to reduce the risk of error or fraud, provides an enhanced degree of confidence in decision-making, and generally allows a high standard of control. Taking preventative action against fraud could very simply safeguard a company’s future.
UHY Haines Norton’s experienced Assurance and Advisory team are experts in this highly specialized service. Through analysing the strength of your organisation’s risk management processes, we create optimum solutions to meet your specific needs, adding an invaluable measure of protection.
Areas Of Expertise
- Fraud prevention and protection
- Internal Audit
- Financial Risk Management
- Assessment of Business Performance
- Corporate Governance
- Due Diligence
- Financial Analysis for Matrimonial Disputes
With a proven track record providing reviews to a vast range of international companies within the insurance, packaging, telecommunications, banking, capital markets, retail, pharmaceutical and not-for-profit industries, our extensive knowledge and experience with all areas of compliance and risk awareness is second-to-none.
While it is essential for us to develop close, trusting business relationships, the overall process can be simple and cost-effective. We have the inherent ability to develop and tailor individual solutions, allowing businesses to address weaknesses and capitalise on opportunities. We minimise the impact on time and budget, but maximise the dynamic improvements.
If you are interested in learning more about how we can help you to protect your business, we offer a free, no-obligation consultation. Please fill in your details and we will be in touch shortly.
UHY Haines Norton’s Business Manager Assurance and Advisory, Tadius Munapeyi, is a Chartered Accountant and Licensed Auditor with extensive experience conducting external and internal audit reviews for businesses of all sizes and in a variety of New Zealand industries. His practical experience is enhanced with an in-depth knowledge of International Financial Reporting Standards (IFRS) and International Standards on Auditing (ISA).