Baker Tilly Risk Management Services

We provide internal control review of listed companies and their subsidiaries required to ensure they have effective designed accounting and internal controls. We can perform a review of the company's internal controls to ensure that it is free of material weakness or assess the effectiveness of the company's internal controls. Such engagements may be performed periodically (to meet regulatory requirements - such as Sarbanes Oxley), or as a special purpose report, to determine if any of the controls are deficient.

We also perform reviews of prospective financial information and budgets fall under the requirements of International Standard on Assurance Engagement 3400. Potential investors may request us to review the target company's prospective financial information. In reviewing the prospective financial information, our work includes an examination of management's best estimate and hypothetical assumptions. Our staff are well trained in these disciplines. It is imperative that the investor selects an auditor that understands the concept of future events (based on assumptions) that may occur and possible actions undertaken by management of the target company

 

• The appropriate tools and methods to enable productivity and efficiency in service delivery.


• Practical recommendations for implementing cost effective internal control system design and control improvements.


• A team of professionals experienced in comprehensive, high quality internal control system documentation and assessment for SOX 404 and other international standard internal control and risk management regulations.. The high standard of performance for SOX services, pre-IPO internal control reviews and corporate governance reviews gives us the knowledge necessary to be able to adjust methodologies and audit approaches to fit the scale of the client's needs without either over-review, which unnecessarily increases costs, or under-review, which risks failing to identify critical controls concerns.


• A risk management services practice team that does not rely on a pool of general statutory auditors to staff our internal controls and corporate governance engagements. We are among the very few accounting and consultancy firms in Thailand that have a dedicated practice for risk management, internal audit, and internal control design services.


• An internal audit and risk advisory and management approach based on the established COSO framework.


• An internal audit and risk advisory practice that subscribes to the professional standards of the Institute of Internal Auditors and the Information Systems and Control Association.

Our business depends on the quality of our people. We choose our people for their experience and ability to identify issues and develop creative solutions. Above all, our people work as a cohesive team - with our clients and with each other - because they share our commitment to providing first class business solutions and advice for every one of our clients.

Baker Tilly Risk Management Services will provide you with a dedicated engagement team having strong experience in the services contracted and knowledge of your industry. Our team will deliver proactive and constructive solutions to enhance your internal controls. Solutions validated by our experience with documenting, evaluating and testing the internal controls of operating in the Asian business culture. To keep our staff turnover at minimum levels, thus keeping engagement teams intact, we strive to be an employer of choice for talented, committed professionals.

We purposely recruit staff with multi-cultural experience and multi-lingual abilities. Where needed, we encourage training in additional languages for staff. As a result, we have professional staff available to our clients who can converse fluently in written and spoken Thai, Mandarin and English. Our affiliate firms follow similar practices. As a result, we are able to provide professionals fluent in both English and local languages where ever you may need services provided.