Technology is continuing to advance at a rapid rate, bringing new growth opportunities for organisations around the world. While it enables new commercial models and supports emerging business areas, it brings additional pressure for established organisations to keep up to date. These advances create new challenges for risk management, and organisations must be more alert than ever around emerging risks. In this document we set out the top ten technology risks, which audit committees should seek to gain assurance over.
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In today’s dynamic environment, success belongs to those who manage risks and seize opportunities.
Ongoing changes and uncertainties in the global geopolitical landscape continue to impact and unsettle both international and domestic markets.
To remain innovative and competitive in such a volatile market environment, your organisation needs to be resilient and efficiently structured.
Grant Thornton Switzerland/Liechtenstein can provide you with access to experienced specialists who will develop tailored solutions to meet your specific needs.
Your partner in internal audit
With its skilled experts and significant experience, Grant Thornton is a competent partner to increase security and add value to your company. Internal audit is increasingly gaining importance as an objective and independent source of information for the board of directors, especially in small and medium-sized companies.
Internal audit reviews the organisational structure and business processes, focusing on compliance with directives, efficiency in processes, the effectiveness of the internal control system and is also challenging the management of risks in the company. It is a valuable instrument for creating sustained added value by responding to risks identified by the board of directors and management.
Grant Thornton will take over the internal audit function for your company in full - regardless of whether you operate in the financial services sector or in the industrial environment. If you already have an internal audit department, we are happy to support in specific areas. This can be particularly useful in the area of Information Technology, if your internal audit department has no expertise in this area.
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361° IT Assessment
Your company can no longer afford to not have a clear IT strategy or have manual processes, unclear roles and responsibilities, poorly defined support processes or a lack of an overview or cost structure of third-party providers. In an increasingly digital and fast-moving world, it is important to be efficiently positioned in the area of IT so that both employees and customers see well-functioning and cost-efficient IT as being added value.