STAY AHEAD

The Financial services industry especially the Asset Management Industry comprising Hedge Funds, Mutual Funds etc. are gearing up for an era of increased regulatory scrutiny.  Investors and Regulators want increased trust in the financial sector and are demanding improved Corporate Governance, and Risk Management and disclosure practices.

PRA's financial services advisory group combines subject matter expertise and industry know how to offer comprehensive internal audit, risk and compliance solutions to asset management firms.  This further helps enhance confidence and assurance levels of their investors and regulators.

As Private Equity Funds and Investors, you understand the importance of strong, ethical management and sound operations in the companies in which you invest. You need to have assurance that the operations of your investee companies are being managed efficiently and effectively and that key business, operational, and financial risks are being monitored and mitigated.

An objective and independent outsourced or co-sourced internal audit, conducted by experienced professionals, can give you that peace of mind.

Our team of experienced professionals adds value to both investor and investee companies. Our focus extends to diverse enterprise risks that include financial, operational, market, customer, credit, and information technology risks, and more. PRA can provide an independent and objective evaluation of an organization’s critical risks and prioritize risk mitigation efforts to provide maximum benefits.

We Can Also Help You:

• Improve efficiency and effectiveness of operations
• Communicate corporate governance and “Tone at the Top”
• Address regulatory compliance and financial reporting processes
• Safeguard assets to maximize return on investment

PRA’s proven methodology involves:

• Performing an independent, risk-based scoping exercise to identify areas that present the most significant risks to the organization, and then focusing on those high risk areas
• Assessing risk and its potential impact on business operations, profitability, and financial reporting
• Evaluating existing controls and testing them for design and operating effectiveness
• Identifying gaps and suggesting practical remediation strategies
• Reporting and evaluating the status of agreed-upon remediation strategies

Our internal audit is specific to each client’s business circumstances – whether the focus is on asset protection, loss prevention, compliance, internal and fraud controls, or other key areas of concern.