May 20, 2010
Austin American Statesman
Audit: Pedernales co-op needs better spending controls

November 14, 2008
Austin Business Journal
Even in a tough economy, employees can weather the storm

November 3, 2008
Austin Business Journal
Kit Webster provides strategic advisory services for TBG Partners’ acquisition

October 8, 2008
Austin Business Journal
For companies, strategy and communication are key to capital

 
Governance, Risk Management and Compliance


Confidence. Trust. Peace of Mind. These attributes are becoming harder to find in today’s business economy.  Just look at the numerous examples of corporate failures and shattered financial dreams.  If you look beneath the rubble, you will find these failures began with weaknesses in the foundation principles of Corporate Governance, Risk Management and Compliance.  The recent Wall Street crisis, only serves to underscore their importance.

Accountability is often elusive in the corporate landscape.  Yet accountability is the safety net we all want and need.  Accountability builds confidence, trust and peace of mind for the investors, in the board room, in the C-Suite, among management and throughout the employee population.  But accountability does not just happen.  It cannot simply be assigned, delegated, or even assumed.  Like all elements of a successful enterprise, accountability requires structure.  This structure requires three separate but interdependent elements:  Corporate Governance, Risk Management, and Compliance. Missing, weak or cracks in any one of these elements can begin a cascade of events that often result in corporate catastrophe.

Bridgepoint Consulting specializes in helping organizations build confidence, trust, and peace of mind through effective accountability.  We can assist you with all aspects of these foundational elements.  Whether your needs are broad based covering enterprise wide needs or narrowly focused on a particular facet;  whether you need a high level assessment or a deep dive process redesign and implementation; we have the experience and capabilities to assist you along the way to success.

We approach each of the foundation elements of Governance, Risk and Compliance from three different perspectives:  Diagnostics, Strategy and Tactics, and Implementation as described below.

Corporate Governance   Diagnostics
The set of processes, customs, policies, laws and institutions affecting the way a corporation is directed, administered or controlled. The primary theme of corporate governance is accountability throughout an organization.

   Bridgepoint Consulting will review your current programs of Governance, Risk Management and Compliance and compare them to leading industry benchmark practices to give you assessment of how robust your programs are and areas of potential enhancement.
     
Risk Management   Strategy and Tactics
A coordinated set of efforts to anticipate and prevent; prepare for and respond to, events and situations that would have a negative impact on your goals, objectives and initiatives.  It is not a once and done effort, rather it is embedded throughout the ongoing business operations.   Bridgepoint Consulting will work with your organization to develop an overall strategic view of Governance, Risk Management and Compliance.  We will help you create a roadmap to achieve your strategic views, and assist you in creating the “nuts and bolts” action plans.
     
Compliance   Implementation
The detailed activities that must be performed to achieve the governance objectives.  Compliance does not just happen, it can be a complex recipe of requirements, processes and procedures to meet those requirements, operational discipline to consistently perform the procedures, and monitoring to ensure procedures are complete and accurate.   Bridgepoint Consulting will roll up its sleeves and work along side your organization to implement your Governance, Risk Management and Compliance programs.  Whether it is project management, detailed process and procedure development, conducting audit procedures, or training and communication, we can help you move toward your goals.
     

We have successfully assisted our clients in the following GRC functions:
     
Enterprise Risk Management   Sarbanes-Oxley
  • ERM Capabilities Assessment
  • ERM Risk Assessment
  • ERM Program Development & Implementation
  
  • SOX Readiness
  • Document Design of Controls
  • Controls Effectiveness Testing
  • Control Rationalization for Efficiency
  • Financial and IT

Internal Audit
Outsourcing / Co-Sourcing

   IT Security
  • IA Governance & Strategy
  • IA Risk Assessment
  • Develop IA Audit Plans
  • Perform IA Projects
  • Audit Committee Reporting
  
  • IT Security Assessment
  • PCI Self-assessment
  • SAS 70 Readiness
  • Business Continuity Planning / Disaster Recovery
  • User Access Review
IT Audit   Other GRC Functions
  • IT Risk Assessment
  • General Controls Review
  • Application Specific Controls Review
  • Project Implementation Controls Review
  
  • Board Level Education
  • Board Level Governance
  • Forensic Investigations
  • Segregation of Duties Studies
  • Delegation of Authority
  • IT Governance
  • Project Risk Assessment
  • Contract Compliance
  • Fraud Risk Assessment

 

Contact one of our practice leaders for additional information or to discuss how we might be able to assist you.


Jeff Dempsey, CIA, Director of Governance, Risk Management & Compliance
William R. Patterson, CIRA, Principal
Michael Johnson, Principal



  Case Study: Software Company: Strategic Financial Executive Team Overcomes Challenges {open pdf}  

"The Bridgepoint professionals on this engagement were the single biggest reason for the efficient and successful completion of our SOX 404 testing."

-Dudley D. Hawthorne, Jr., Director of SOX Compliance & Business Continuity/Facilities
Farm Credit Bank of Texas