Risk Advisory

BT Corporate Governance Limited (“BTCGL”) has developed an advanced internal audit and risk advisory approach. Our methodology is designed to adapt to your existing processes and provide ideas to augment this when so requested, or apply our own methodology where appropriate.

Internal Control & Risk Management Framework

Our internal control framework follows standards established by the Institute of Internal Auditors and the concepts defined by the Committee of Sponsoring Organisations of the Treadway Commission. We have the capability to apply Control Objectives for Information and Related Technology (COBIT) and other relevant internal control and risk management frameworks where relevant to specific assignments.

Internal Controls & Risk Management Assessment

We provide an independent appraisal of the business unit by examining and evaluating the adequacy and effectiveness of its internal control and risk management structure. We furnish owners with recommendations, appraisals, analysis and other information concerning the activities reviewed. 

Pre-IPO Internal Control Review

Before your company embarks on the IPO journey, you need to ensure that appropriate governance, risk management and compliance structures have been established to meet regulatory requirements. An informed independent review provides the necessary insight to determine whether your company’s operational, compliance and reporting objectives are realized.

We offers Pre-IPO Internal Control Review which includes a full scope internal control review and assessment on the operations, risk management and governance structure of your organisation. With our rich insight, shareholders and the management team can make critical strategic decisions before going public.

Special Internal Control Review for Trade Resumption

When a listed company experiences fraud, it should fulfil its resumption guidance to engage a competent internal control consultant to perform a detailed internal control review to demonstrate the company’s ability to maintain an adequate and effective internal control system to prevent the occurrence of similar incidents. In this regard, we have successfully assisted numerous listed companies to resume their trading of stocks.

Our services include policies and procedures set up, directors and management training, internal control review, response to queries raise by Hong Kong Stock Exchange and other regulatory bodies.

Compliance and AML Review

Non-compliance can expose a company to the risk of fine, loss of business and even criminal penalties. Our compliance and AML review services assist the company to identify the gap between its real practices and the regulatory requirements, provide practical solutions and recommendations to our clients to improve the operation procedures, with the ultimate goal to reduce the risk of non-compliance with the law and regulations. 

AML services include:

• AML risk assessment
• Transaction monitoring and suspicious activity reporting
• AML policy write-up and review
• AML and compliance training
• Compliance appraisal and evaluations
• Independent review for licensed corporations
• Compliance and operation manual write-up and review

ISAE 3402 Assurance Reports 

Assurance reports on controls at a service organisation allow the clients of the organisation and their auditors to understand certain key internal control policies and procedures of the organisation that handles the certain process under the outsourcing arrangement. It can provide comfort on the adequacy and effectiveness of control of the service organisation, hence enhances the stakeholders’ confidence on the transactions proceed by the organisation.

Depending on the stage of implementation of controls of the service organisation, we can provide opinion on service organisations’ control under Type 1 or Type 2 reports.