Risk Advisory
Baker Tilly addresses the full spectrum of risk, governance and compliance considerations in the context of industry, operations and culture.
Risk Advisory
It’s about helping clients
Baker Tilly’s industry-specialized professionals understand the complexities of our clients. We recognize emerging issues and offer clients practical solutions with better outcomes aligned to their strategic objectives.
We help:
- better manage risk and compliance
- enhance governance and strategy
- optimize operations
- gain assurance around key functions and processes
Turn risk into competitive advantage
Today organizations manage ever-expanding priorities in a disruptive risk environment. It’s why organizations seek a trusted advisor that can address the full spectrum of risk, governance and compliance considerations in the context of industry, operations and culture.
Baker Tilly collaborates with leaders across functions – and at all levels – to facilitate grounded solutions from an enterprise-wide perspective. Using an integrated approach, we support our clients’ focus on the strategic landscape of the organization and its future.
Our solutions
Business risk services
Our strategic alliances
AuditBoard
Together, Baker Tilly and AuditBoard provide clients with a solution that augments the transformation and optimization of their financial management, risk and compliance functions. The pairing combines deep advisory experience and insight with advanced audit technology to enhance GRC management. Read the press release.
In this episode of Agents of Change, Heather Acker, risk advisory managing partner, and Richard Chambers, senior internal audit advisor at AuditBoard, share their perspectives on internal audit and the future of the profession.
Workiva
Baker Tilly and Workiva create value-driven offerings to transform and optimize an organization’s governance, risk and compliance (GRC) functions and support their ESG journeys with enhanced reporting insights. Through our alliance, Baker Tilly and Workiva can help organizations streamline risk management processes and compliance reporting within a cloud-based platform. Read the press release.
ESG and sustainability
Going beyond responsibility to value and opportunity, we provide comprehensive and industry-focused environmental, social and governance (ESG) and sustainability advisory and assurance from development to execution.
Guiding insights
Enhancing ERM: Moving beyond the traditional risk assessment
Join Baker Tilly for the second on-demand webinar in our enterprise risk management (ERM) series where we explore how to enhance risk assessment at your organization.
Five common pitfalls for new SOX filers (and how to avoid them)
Sarbanes-Oxley Act (SOX) compliance is a complex and challenging journey. Explore five common pitfalls — and how to avoid them — with help from Baker Tilly SOX specialists.
ERM essentials: Building a strong foundation
Watch this on-demand webinar as Baker Tilly specialists delve into the essentials of enterprise risk management (ERM).
Key cybersecurity trends from industry-leading reports
This article discusses cybersecurity trends from 2023 and how organizations can protect themselves from cyber threats in 2024.
Internal audit: understanding co-sourcing and outsourcing models
Practical tips for using a co-sourced or outsourced model to overcome common internal audit challenges
Integrating the sustainability function with compliance, internal audit, accounting and IT
ESG and sustainability regulations require organizations to integrate the sustainability function with compliance, accounting, internal audit and technology teams.
Consolidation of DoD Government Property Clauses … and then some.
Timeframes, reporting, marking requirements — and more. Explore potential impacts from the recent DFARS Case 2020-D029: Consolidation of DoD Government Property Clauses.
Flipping the script on internal audit
In the incredibly complex world of internal audit, how do you ensure you’re asking the right questions at the right time to ensure long-term success?
Implementing an effective ERM program
The key for organizations to successfully meet challenges and mitigate risks is by implementing an effective enterprise risk management (ERM) program.
Strategies to address the new SEC cyber disclosure rule (and how to do it!)
One strategy to address the new SEC cyber disclosure rule is to leverage AICPA’s cybersecurity risk management framework.
Maintaining effective internal controls in a compliance-driven world
Baker Tilly’s risk advisory specialists Chad Schaefer and Monica Weggeman discuss how to maintain effective internal controls in WICPA’s The Bottom Line publication.
SOC FAQ
This article addresses frequently asked questions about system and organization controls (SOC) reporting.
The rise of proactive assurance, and why it’s here to stay
Through proactive assurance, internal audit can add immediate and tangible value to an organization.
Top five cybersecurity and IT audit trends that most impact an organization’s ability to respond to today’s challenges
This article highlights the top five cybersecurity and IT audit trends that organizations are currently impacted by and the response mechanisms they can utilize to combat security threats.
Client stories
Baker Tilly performs extensive array of internal audit functions at research institution, and serves in the role of interim CAE during transition period
One of Baker Tilly’s professionals served in the role of interim (CAE) while the university during the recruiting and hiring process for a new full time position, while collaborating with senior leadership and internal audit stakeholders to transition the function to new leadership.
Real estate investment trust (REIT) strengthens its financial, operational and compliance related controls
A commercial REIT sought to review certain operational and financial policies, procedures and controls. Baker Tilly governance, risk and compliance professionals helped enhance the REIT's operations.
Not-for-profit makes internal reporting changes to align with its external ESG efforts
An organization that historically reported on external sustainability impact, as opposed to internal operations, prioritized advancing its ESG efforts to become a leader in not-for-profit ESG reporting.
Global, multibillion dollar hyperscale technology and cloud services provider enters federal marketplace, secures GSA Schedule contract
Baker Tilly helps hyperscale technology and cloud services provider enter the federal marketplace, secure a GSA Schedule contract, perform ongoing contract maintenance and consider additional opportunities for expansion.
Multibillion dollar pharmaceutical and medical supply company engages strategic reorganization, secures FSS contract
Baker Tilly helps multibillion dollar pharmaceutical and medical supply company engage strategic reorganization to obtain an FSS contact and expand their footprint within the federal marketplace.
Global, multi-billion dollar federal contractor addresses GSA Schedule Mandatory Disclosure
Baker Tilly assists global, multi-billion dollar federal contractor with GSA Schedule Mandatory Disclosure related to pricing compliance on four FSS contracts.
Our professionals
Our risk advisory team is here to serve as an extension of your organization. Count on our proactive, experienced guidance to manage risk, governance, compliance, cybersecurity, ESG and sustainability, and other strategic and operational issues.
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