risk consulting

It is the responsibility of everyone, from the chief executive down. Past corporate failings
have been attributed to lack of accountability, strategy and transparency.

Tougher expectations by regulators and other stakeholders now mean that corporates and
financial institutions should demonstrate better discipline, control and responsibility.
Failure to comply with existing and emerging regulation could jeopardize reputations and
livelihoods. How robust is your governance, risk and compliance program?

Financial risks have probably never been more acute. Capital reserves, credit portfolios,
investment policies and capital and debt profiles all demand constant scrutiny to adequately
manage and mitigate risk.

Companies should also be vigilant about risks presented by suppliers. A counterparty who
defaults on a contract, or whose business collapses, can have serious financial and
reputational ramifications for connected parties.

Fraud risks can also increase when cash is tight. Some employees become more
opportunistic — and external hackers more resourceful. They find security lax in areas
of the business that used to be better resourced … and they strike. Are your systems and
policies sufficiently robust to ward off the risk of fraud?

At the same time, many companies are more likely to pursue litigation for losses that they
would otherwise endure in more prosperous times. Disputes arise as they seek to apportion
blame to other parties for inappropriate or negligent behavior that results in financial or
business loss. Could you end up as instigator or defendant in a litigation case?

With all these demands, internal audit is in many companies often elevated from pure
compliance to a function that regularly reviews the risk profile for emerging risks and
identifies trends as it keep its finger on the pulse of business performance. The chief risk
officer, meanwhile, becomes increasingly involved in strategic decision-making where the
emphasis is as much on risk as it is on growth.

KPMG Nigeria professionals provide the experience to help companies stay on track and
deal with risks that could unhinge their business survival.

Tel: +234 1 271 8955 (or 8599)

Fax: P.M.B. 40014, Falomo

Website - https://home.kpmg/ng/en/home.html

Visit link - https://home.kpmg/ng/en/home/services/advisory/risk-consulting.html

Tags : tax services, advisory services, technology advisory, outsourcing services

corporate governance

Governance, Regulatory & Compliance

Governance, Regulatory and Compliance continues to be complex business challenge.
As new laws and regulations are introduced, their requirements challenge boards to
greater levels of transparency, objectivity and professionalism. Increased accountability
and potential exposure to liability means directors need to ensure that corporate
governance standards are adhered to and robust compliance management systems
are in place.

KPMG member firms can assist directors and management to identify the applicable
laws and regulations to better understand the regulatory environment. Our approach
combines an analysis of the legal framework together with an assessment of the
systems and processes which can help to ensure compliance and sound corporate
governance.

Our approach is to support our member firms’ clients in meeting the Governance,
Regulatory and Compliance challenge by offering the following services:

Board training, i.e. director responsibilities, obligations and ‘better practice’ governance
requirements

Governance framework design

Board and Audit Committee assessments

Regulatory code impact diagnostic

Sarbanes-Oxley Advisory Services (for SEC registrants)

EU 8th Directive Advisory Services

‘J-SOX’ Advisory Services.

Our firms’ multidisciplinary teams have advised clients on how best to meet the corporate
governance, regulatory and compliance challenge. Our professionals have in-depth
knowledge of corporate governance developments both locally and internationally.
We combine the process and system benchmarking knowledge and experience with
organizational knowledge.

There is a strong business case for corporate governance and regulatory compliance.
Sound corporate governance practices can protect directors from potential personal
liability and protect the company from reputational harm.

There are financial penalties for non-compliance with certain laws and regulations.
Robust regulatory and compliance structures can help to ensure companies are not
subject to potential penalties.

Tel: +234 1 271 8955 (or 8599)

Fax: P.M.B. 40014, Falomo

Website - https://home.kpmg/ng/en/home.html

Visit link - https://home.kpmg/ng/en/home/services/advisory/risk-consulting
/internal-audit-risk/governance-regulatory-compliance.html

Tags :audit services, board advisory, transaction advisory, regulatory services

infrastructure in nigeria

Our strategy in Nigeria is driven by Government’s key priorities and pressing issues. These issues include the fight against corruption, poverty, ensuring job creation, infrastructure development and improved service delivery.

At KPMG, we aim to tailor and design methodologies for the public sector, working towards a common goal of strategic thinking, operational service delivery and performance enhancement. In addition, we want to play a role in stimulating interactive public and private sector collaboration for the common good of Nigeria.

By adopting this approach, we are able to help combine policy implementation with day-to-day operational delivery. We have organised our service offerings to align with the direct requirements of the Nigerian public sector, and have dedicated advisers who are able to interact with you on many policy, strategic and operational issues.

Our local and global success in public sector project delivery is based on continuous interaction with our clients – listening to their actual needs.

KPMG in Nigeria continues to build on its long and proud association with Government and public entities. We work with Government in all three spheres, Federal, State & Local Government.

Tel: +234 1 271 8955 (or 8599)

Fax: P.M.B. 40014, Falomo

Website - https://home.kpmg/ng/en/home.html

Visit link - https://home.kpmg/ng/en/home/industries/government-public-sector.html

deal advisory, people services, audit and assurance

audit firms in nigeria

Financial statement audits give assurance over information used by investors and the capital markets – a responsibility to the public interest KPMG Audit professionals take very seriously, applying powerful D&A routines to create better audit evidence and gain deeper insights, and exploring the role auditors can and should play by engaging stakeholders to better understand their views through KPMG’s ‘Value of Audit’ forum. 

KPMG professionals – innovating to better serve the capital markets and society as a whole.

Tel: +234 1 271 8955 (or 8599)

Fax: P.M.B. 40014, Falomo

Website - https://home.kpmg/ng/en/home.html

Visit link - https://home.kpmg/ng/en/home/services/audit.html

 tax services, advisory services, technology advisory, outsourcing services

cyber security

Organisations are subject to increasing amounts of legislative, corporate and regulatory requirements to show that they are managing and protecting their information appropriately. Simultaneously, the threats from cyber criminals and hacktivists are growing in scale and sophistication.

Organisations are increasingly vulnerable as a result of technological advances and changing business practices including the internet of things, wearable technology, big data, cloud computing, services on demand and mobile technology.

How we can help

KPMG’s Cyber Security Framework illustrates both the organizational components and the iterative process required to help assure customers, shareholders and employees that cyber risks are being managed.

KPMG’s Cyber Security Services bring together specialists in information protection and business continuity, risk management, privacy, organisational design, behavioral change and intelligence management.

Our cyber services are aim to:

  

Identify the cyber threats our client face

   

Identify the gaps that may lead to a successful cyber attack

   

Help implement control to reduce the identified GAP

   

Remediate the root cause issue driving the right behavior to achieve sustainable solutions

Tel: +234 1 271 8955 (or 8599)

Fax: P.M.B. 40014, Falomo

Website - https://home.kpmg/ng/en/home.html

Visit link - https://home.kpmg/ng/en/home/services/advisory/technology-advisory/cyber-security.html

audit services, board advisory, transaction advisory, regulatory services