Risk Advisory
Mitigating risk so your company can thrive
Risk advisory helps drive profitable growth for your business, identifying and efficiently mitigating financial, operational, fraud, and regulatory risks that can derail even the best high-growth companies. Our team enables you to manage the cost of compliance and address talent shortages by providing experience and expertise where and when you need it instead of hiring it full-time. We collaborate with leadership to help identify and execute areas of improvement for the organization with a customized approach. This helps to mitigate risks for your management team, board of directors, and investors.
Our auditors-and-advisors model means that we can help you stay on top of the latest accounting standards by
- Improving your accounting for complex transactions like acquisitions, divestitures, or joint ventures
- Designing accounting measures for new products, services, and technologies
- Fixing control deficiencies
- Identifying opportunities for efficiency in your processes and controls
- Supporting your organization as a co-sourced or out-sourced internal audit function
Accounting and Reporting
Our team applies specialized accounting knowledge and expertise to help companies navigate complex accounting issues, regulatory changes, and financial reporting requirements. We help you apply accounting standards to new and complex business transactions with guidance, interpretation, and audit-ready documentation. In today’s world, every high-growth company is innovating constantly. They launch new products and services, acquire or sell businesses, implement new technology, explore new opportunities like embedded financial services, and more. The demands placed on CFOs and controllers have never been higher, and the shortage of CPA talent for in-house teams is more acute. Our team is here to support your organization with agile and available expertise when you need it most.
Governance, Risk, and Controls
While it can be tempting to think of risk management functions and internal controls as an expensive speed bump to growth, they can be powerful enablers for high-growth companies. Effectively designed processes and controls help companies manage the financial, operational, and regulatory risks deemed embarrassing or existential. Our governance, risk, and control services help organizations develop and improve effective processes while mitigating risks without the cost and distraction of constantly fixing audit, compliance, or regulatory findings. Our team is prepared for situations that require immediate attention. We can help your team understand audit or regulatory requirements, provide insight into leading practices, and overall assist in innovative solutions, all while anticipating and exceeding the expectations of your board, auditors, and regulators.
Outsourced and Co-Sourced Internal Audits
IT Risk
IT risk services involve identifying, assessing, and mitigating risks associated with an organization’s information technology infrastructure and systems. These services focus on safeguarding critical data, ensuring compliance with regulations, and protecting against cyber threats. Our team helps organizations minimize potential disruptions, protect sensitive information, and maintain business continuity by conducting comprehensive risk assessments and certifications and implementing robust controls.
Services:
- Accounting changes
- Financial statement and disclosure assistance
- M&A accounting
- Significant business activities
Governance, Risk, and Controls
- Agreed-upon procedures
- Control design and documentation
- Deficiency remediation assistance
- Due diligence
- Process improvement
- SOX or FDICIA readiness
- Establishing or transitioning internal audit functions
- Outsourced or co-sourced internal audit
- Process improvement
- Risk assessment and audit planning
- Supplementing internal audit teams
- Cyber risk assessments (NIST, ISO, CMMC) and readiness (CID, CIRP)
- Cyber security assessment
- Data risk assessments (CCPA, GDPR, HIPAA)
- IT certifications (ISO, IEC)
- IT maturity and risk assessments
- IT vendor/third-party risk management assessments
- ITGC & app control design & effectiveness assessments
- SOC I & II reports
Contact us
Calvetti Ferguson works with middle-market companies, private equity firms, and high-net-worth individuals across the country. Regardless of the complexity of the compliance, assurance, advisory, or accounting need, our team is ready to help you. Please complete the form below, and we will follow up with you shortly.