Operational Risk Evaluation & Internal Control Review
At Sokrab UAE, we provide professional Risk & Control Assessment Services in UAE designed to help organizations evaluate operational risks, strengthen internal controls, and enhance governance frameworks.
A weak control environment can expose companies to financial losses, compliance gaps, reporting inaccuracies, and operational inefficiencies. Our Risk & Control Assessment service is preventive and strategic, focused on identifying risks early and strengthening control systems before issues escalate.
This service is not forensic or litigation-driven. It is a structured corporate review aimed at improving operational resilience and financial stability.
What Is Risk & Control Assessment?
A Risk & Control Assessment is a systematic evaluation of an organization’s risk exposure and internal control environment.
It helps management and boards to:
- Identify financial and operational risks
- Evaluate the effectiveness of internal controls
- Strengthen governance and oversight
- Improve regulatory preparedness
- Enhance accountability structures
This service supports proactive risk management and long-term sustainability.
Scope of Our Risk & Control Assessment Services
Our methodology integrates financial expertise, operational process review, and governance evaluation to deliver practical and measurable outcomes.
1. Enterprise Risk Assessment
We identify and evaluate key risks affecting financial performance and operations, including:
- Financial risk exposure
- Operational process risk
- Compliance risk
- System-related risk
- Governance risk
Each risk is assessed based on likelihood, impact, and control effectiveness.
2. Internal Control Framework Review
We evaluate whether existing controls are properly designed and effectively implemented:
- Segregation of duties analysis
- Authorization and approval matrix review
- Financial workflow evaluation
- Control documentation assessment
- Testing of control effectiveness
This ensures a structured and reliable control environment.
3. Policy & Compliance Testing
We assess whether internal policies are aligned with operational practice:
- Internal policy adherence testing
- Governance framework evaluation
- Compliance readiness review
- Documentation gap identification
This strengthens accountability and reduces regulatory exposure.
Services
When Do You Need Risk & Control Assessment Services?
Organizations typically require Risk & Control Assessment Services in UAE when:
- Expanding operations or entering new markets
- Preparing for regulatory or audit review
- Experiencing operational inefficiencies
- Implementing new systems
- Undergoing restructuring
- Preparing for investment or acquisition
Proactive risk management significantly reduces long-term financial and operational exposure.
Our Methodology
At Sokrab UAE, our Risk & Control Assessment follows a structured and risk-based approach:
- Initial risk scoping and assessment
- Process walkthrough and documentation review
- Control testing and gap identification
- Risk prioritization and benchmarking
- Practical reporting with implementation roadmap
Our reports provide clear, actionable recommendations tailored to the organization’s risk profile.
Benefits of Risk & Control Assessment
- Reduced financial and operational risk
- Stronger internal control framework
- Improved regulatory readiness
- Enhanced governance and accountability
- Better decision-making support
- Increased investor and stakeholder confidence
This service builds a resilient and well-controlled organizational environment.
4. Operational Process Review
We analyze operational workflows to identify control gaps and inefficiencies:
- End-to-end process mapping
- Risk point identification
- Control automation opportunities
- Performance monitoring structure review
This improves efficiency while reducing risk exposure.
5. Governance & Oversight Structure Evaluation
Strong governance is fundamental to risk management. Our review includes:
- Board-level reporting evaluation
- Management accountability framework review
- Risk reporting mechanism assessment
- Internal oversight structure analysis
This enhances transparency and strengthens leadership oversight.
