The Internet encyclopedia Wikipedia gives the following definition of risk management:
enterprise risk management, a risk is defined as a possible event or circumstance that can have negative influences on the Enterprise in question. Its impact can be on the very existence, the resources (human and capital), the products and services, or the customers of the enterprise, as well as external impacts on society, markets, or the environment. Enterprise risk management is normally thought of as the combination of credit risk, interest rate risk or asset liability management, market risk, and operational risk.
In the more general case, every probable risk can have a pre-formulated plan to deal with its possible consequences (to ensure contingency if the risk becomes a liability).

We can support you in identifying relevant financial risks, deciding on the right strategy to be adopted, preparing and implementing a control framework, and compiling management reports. Our expertise also includes carrying out internal audits and/or supporting your internal audit department.
When doing this, we identify any gaps, duplications and inefficiencies in your present controls, and put forward solutions to the problems we have found. This can be done by means of process and system audits, project audits, specification and implementation of business, financial and IT controls, providing training courses, etc.