Risk Management | Private Company Services | PCS

By: PwC  09-12-2011
Keywords: financing, management services, Restructuring Plans

These days, risk management is a necessity for most companies. That means that private companies without a sound risk management process in place could wind up at a competitive disadvantage. Effective risk management can mean anything from developing contingency plans, to coming up with strategies for turning potential risks into opportunities. 

PwC offers a number of risk management services to private companies, including:

Financial Risk Management

Obtaining advice on how to manage credit, lower risk and decrease credit loss is crucial for the long-term success of a private company. Your business cannot operate successfully without a healthy financial backdrop. Beyond cash management, we can help with your financing and transactions needs by reviewing and advising on treasury management, including cash forecasting and capital structure management, and assisting with portfolio performance reporting.

Regulatory Compliance

There are municipal, provincial, federal, international and industry-specific regulations that need to be met — and enforced by all stakeholders of the company - that are key to the continued success of a business. We can sift through the legalities, eliminate confusion and help your company meet the applicable regulations that have been enforced.

Forensic Accounting

Criminal activities pose a real threat to your business. We can advise you on ways to manage that risk. Our services include security reviews and internal control assessments to help prevent loss from theft, embezzlement and security breaches, analysis and investigation of known or suspected fraud to determine the manner and extent of it, assistance in loss recovery and evidence gathering for civil and criminal proceedings.

Business Continuity/Disaster Recovery

As a private company leader, you need to be able to uncover the reasons for declining revenue, shrinking margins or working capital shortages. We can help assess your business strategies that are crucial to the survival of your company. We can identify ways to face evolving industry structures, overhead management methods or economic conditions. In addition, we can build support from creditors for debt restructuring plans and offer ongoing assistance in the refinancing process.

Fraud Prevention

Whether a company is growing domestically or entering new markets around the world, the threat of fraud and its resulting costs can be severe. Lost revenue, damaged reputation, or even the company's collapse can occur without effective fraud-risk management programs for protection. We have spent considerable time building our experience in the disciplines of fraud prevention. We can perform a tailored analysis of your company's overseas operations or domestic new market expansion plans, which could result in specialized training and other techniques to reduce the risk of fraudulent activity.

Litigation Support

You have to protect your business and personal interests from exposure. We can advise your company and your legal counsel on commercial, matrimonial and other disputes, investigate underlying issues and related data, communicate complex commercial and financial issues to judicial bodies, and can offer expert witness services when required.

Keywords: financing, management services, Restructuring Plans

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Tax Planning | Private Company Services | PCS

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Manage People | Private Company Services | PCS

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Corporate Finance | Private Company Services | PCS

With the benefit of our external perspective, we can assess the market reaction to your offering, position your company to attract potential investors, help you reorganize and strengthen your management team and offer regulatory advice. You may be facing the challenges of accessing financing, trying to determine the value of your business to communicate to stakeholders, or considering selling your business or buying another business.