Our Risk Assurance Services team provides an invaluable safeguard in today’s complex operating environment. We work with you in your boardrooms and back offices, helping you protect and strengthen every aspect of your business, from people to performance, systems to strategy, business plans to business resilience. Risk Assurance is at the forefront of this change, ready to transform how our clients perceive and capitalise on risk.
Our clients already have processes in place to manage risk. But they are often not as robust as they need to be, or they are more focused on yesterday’s risks rather than being forward looking. We believe boards and executives should take a holistic approach to risk, moving from being reactive and compliance-driven to being proactive. Only then will risk become a strategic driver of performance.
How we can add value
We help our clients identify problems earlier and faster to spot future challenges and opportunities. From technology to climate change, from regulation and compliance to business operations, we look at processes, policies, systems and controls with a fresh perspective. And we explore every angle to risk, however interconnected, so our clients can gain a competitive advantage.
Our services include:
- Information Technology (IT) Risk Assurance
- Governance, Risk, Controls and Internal Audit
Information Technology (IT) Risk Assurance
- IT Risk, Audit and Governance: Leveraging a blend of technical expertise and commercial acumen, we conduct Information and Communication Technology(ICT) systems reviews and Systems and Process Assurance (SPA) reviews to ensure robust IT governance and risk management.
- Enterprise Resource Planning (ERP) Controls Review: Our ERP diagnostics service assists clients in understanding their overall standing around Oracle and SAP systems through security reviews, configuration reviews, and transaction reviews.
- Data Assurance and Analytics: We provide comprehensive data analytics for finance and operations, data migration assurance, revenue assurance, and intelligent automation to optimize business processes.
- Cybersecurity: Our offerings include cyber security strategy and transformation, offensive cyber security, training and awareness, and incident management to safeguard your organization against cyber threats.
- Project Implementation: Ensuring quality throughout the system implementation process, we offer post implementation reviews (PIR), pre go live assessments, and system and vendor selection support to achieve desired outcomes.
Governance, Risk, Controls and Internal Audit
- Internal Audits, Business Process Controls & Enterprise Risk Management (ERM): We provide outsourced and co-sourced internal audits, business process reviews, external quality assessments of internal audit functions, and ERM to enhance risk management and control frameworks.
- Promotion Assurance: Providing assurance on promotion mechanics, oversight of third-party service providers, and reporting on promotion activities to ensure compliance and effectiveness.
- Data Privacy: Our services include gap assessment, implementation roadmap development, maturity assessment and training, implementation support – controls and frameworks development, and data protection impact assessment to ensure compliance with data privacy regulations.
- Anti-Money Laundering (AML): We review Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) programs, conduct maturity assessments, risk assessments, compliance reviews (various regulatory guidelines - Proceeds of Crime and Anti-Money Laundering Act (POCAMLA), Financial Action Task Force, Central Bank of Kenya Prudential Guidelines), and provide AML/CFT training to ensure regulatory compliance.
- Governance and Sustainability: We conduct governance audits, provide sustainability assurance, reporting, and climate risk management to help organizations meet their Environmental, Social, and Governance (ESG) goals.
Contact us
Edward Kerich
PwC’s Eastern Africa Sustainability Leader and Head of Consulting & Risk Services, PwC Kenya
Tel: +254 (20) 285 5000
