RISK AND INVESTIGATIVE SERVICES. Audit Tax Advisory Risk.

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1 RISK AND INVESTIGATIVE SERVICES

2 Risk Consulting Services As an international business, you manage a challenging array of risk on multiple fronts: strategic, operations, compliance, and reporting. Today s stakeholders- including shareholders, customers, and employees expect high standards. While cultures and customs may vary, the language of identifying and monitoring risks is consistent in leading boardrooms and management suites throughout the world. Effective and consistent risk management gives you and your employees the confidence to focus on achieving your organization s key business objectives. Along with every risk comes opportunity. Therefore, leading organizations carefully assess and evaluate their portfolio of risks and allocate appropriate resources to identify and manage their key risks more effectively than competitors do. For such organizations, having an effective risk management function is now an essential management discipline. Risk Consulting Internal Audit Management Audit System Audit Internal Control Assessments Fraud Risk Assessments Process Reengineering As business in these uncertain times try to do more with less, the internal audit function is no exception. A new internal audit model can help internal auditors accomplish that objective by leveraging existing activities to continuously monitor, manage and improve business performance based on four key auditing principles. Compliance Viewed as a traditional internal audit role, compliance audits test past events and transactions to determine whether previous actions are in compliance with policies and procedures, laws and regulations. Internal auditors can continuously review control reports to validate that processes are in place for timely reconciliation. Assurance For up-to-the-moment testing, continuous monitoring systems must be in place to oversee events, transactions, and results and to generate reports that highlight early warning signs that something is outside the bounds of tolerance. By regularly analyzing and reviewing control reports generated by a system, auditors can provide a level of continuous assurance that supports stakeholder confidence that everything is under control at all times. These real-time reports keep current events from becoming out-of-control problems. Business Performance Improvements Internal auditors continuous reviews of business processes for effectiveness and efficiency can lead to improved business. Many of the control reports auditors collect can be compared to benchmarks or best practices. With this knowledge, changes can be made that add value to the organization as a whole. Risk Identification Future risks need to be identified and understood today so they do not prevent the company from achieving its business objectives. Key risks are always changing. By applying ongoing monitoring and review methods, internal auditors make the process of identifying and managing risk more reliable and resilient. Uniquely qualified to help with your risks. Proven frameworks, tested methodologies, and efficient processes enable us to deliver risk consulting services that are consistently high in quality. At Horwath MAK, we use experienced resources, offer fair and reasonable fees, and exceed client expectations. We collaborate productively with people in your organization. We strive to help you to mitigate risks and enhance business performance for long-term value and sustainable competitive advantage.

3 Forensics Forensic Services Many factors in today s business environment make it all too easy for fraudsters to operate successfully. Aside from direct financial losses, the indirect costs of fraud include lost productivity, damaged reputation, reduced morale and its impact on relationships with employees, clients, suppliers and lenders. Frauds, disputes and negligence are of serious concern and needs to be dealt by experts. Whether you want to reduce your fraud exposure through demonstrated risk management strategies, uncover and assess the damage of fraud already affecting your business, support prosecution efforts or develop new safeguards to prevent fraud from recurring, the Crowe Horwath Global Risk Consulting team has the expertise to assist your organization to identify, assess and monitor risk culture, ethics, and anti-corruption risks. Forensics Accounting/ Financial Investigations Fraud Investigations LossQuantification Forensic Accounting Litigation Support Insurance Claims Dispute resolutions Employee misconduct Due Diligence To complement our risk services, the professionals in Forensics group at Horwath Mak can assist with the specialized investigative, accounting and auditing skills that you need. Together, our specialized teams can meet all your fraud prevention and investigation needs. Rely On Our Expertise Horwath Mak employs one of the best teams to cater our clientele s fraud, investigation needs. The team comprises of Partner, well experienced Manager and skilled & qualified staff depending upon the assignment. We bring knowledge and experience gained from both performing fraud vulnerability assessments and conducting investigations after a fraud has been discovered. As necessary, we are able to communicate in a clear, concise manner to management, to counsel, to administrative boards or as expert witnesses in court. Our work has taken us across UAE and beyond to assist companies with forensic investigations related to the prevention, detection and quantification of losses due to fraudulent activities. With this combined depth of experience, we can hit the ground running when the need arises. Going Beyond Numbers Here are four reasons why you should choose us: Integrity We understand the delicate nature of fraud risk assessment and investigations. We are sensitive to confidentiality issues and conduct our services with the greatest levels of discretion and professionalism.

4 Expertise With decades of experience, our risk, fraud and forensic accounting professionals apply their knowledge of human behavior, industry specialization and knowledge of emerging trends to deliver fraud-related services. We move quickly to uncover and analyze suspected fraud, assess any damages and provide the support you require should your organization wish to pursue litigation. Depth of Resources As a member of the ninth largest public accounting international network, we are able to call upon the resources of risk consulting, internal audit, systems technology, and fraud professionals who provide thought leadership and experience with a wide range of industries. Competence Our multidisciplinary team includes chartered professional accountants, fraud examiners, information system auditors and business valuators. Each are experienced, credible and well qualified. Other Consulting Services Business Advisory Service Commercial, Technical and Financial Feasibility Financial Due Diligence Technical Due Diligence Business / Commercial Due Diligence Corporate Services Formation of companies in UAE Formation of British Virgin Island BVI companies, besides Mauritius, Seychelles, Cayman, Hong Kong, etc. Formation of Trust companies Provide Nominee Directors Ancillary Corporate services Assistance for opening Bank accounts Assistance in obtaining Bank Facilities Business Valuation Corporate Advisory Service We offer macro and micro level business advisory services towards sustainability. Our services include: CFO Services Deploy good business strategy in the business Business visibility model Business performance review mechanism Cost & resource management Implant business process model in ERP environs Deployment of skill sets by manpower evaluation & training Assistance in obtaining Bank Facilities

5 Executive Resourcing Horwath Mak Executive Resourcing operates across defined industry sectors with our professional consultants and research team able to provide impartial and relevant advice on your recruitment requirements. There are two types of candidate pools, Passive candidates hard to find talent, that are not looking to move and Active candidates - those looking to move within three months. We are experts at sourcing suitably qualified candidates, achieved through a combination of our research team and seasoned recruitment consultants. Intellectual Property Intellectual property (IP) is a legal concept that refers to creations of the mind for which exclusive rights are recognized. IP might be a brand, an invention, a design, a song or another intellectual creation. IP can be owned, bought and sold. Trademark registration Logo registration Copyrights Patents Franchising

6 RISK AND INVESTIGATIVE SERVICES Contact Us Horwath Mak Level 21, The Prism, Business Bay, Sheikh Zayed Road, P O Box 6747, Dubai, UAE T F Zayd Maniar International Liaison Partner M zayd.maniar@crowehorwath.ae Ishita Kariya Forensic Auditor M ishita.kariya@crowehorwath.ae