Internal Audit, Risk, and Compliance

By improving the effectiveness of controls, risk management, and governance practices, you can attain superior operational performance and be better prepared to manage enterprise risks. We support risk assessments, audit planning, and perform audits on out-sourced, co-sourced, and consultation-based arrangements.

Proactive action to identify, mitigate, and limit opportunities for risk can have a transformational effect on your operations. Our professionals utilize the COSO (Committee of Sponsoring Organizations) framework to assess the effectiveness of risk responses against operational, financial, and compliance risks; offer solutions to improve efficiency; work to align risk strategies with business goals; and ultimately design and implement enterprise risk management processes.

Business contracts are nuanced, complex, and essential to business revenue and compliance concerns. MGO offers comprehensive services to assess royalties, licensing, distribution, advertising, intellectual property, and other forms of agreements. A detailed assessment can result in steps to recover lost revenue while maintaining beneficial relationships with clients and vendors.

Regulatory entities have enacted complex requirements to reduce graft and fraud, including the FINRA Rule 3310, Bank Secrecy Act (BSA), USA PATRIOT Act, Gramm-Leach-Bliley Act, and Office of Foreign Assets Control (OFAC). We offer guidance for navigating compliance requirements while also proactively reducing opportunities for fraud enterprise-wide.

Consistent Sarbanes-Oxley (SOX) 404 compliance is essential to shareholder, public, and regulatory confidence. Whether an organization is planning to institute SOX processes or optimize existing programs, MGO’s experienced consultants provide readiness assessments, sustainability assessments, and documentation and testing services that deliver effective SOX compliance activities.

Falling out of regulatory compliance can have a major impact on market confidence, licensure, and the ability to operate. We will review all financial and operational areas at risk and work to optimize your compliance controls and processes.

Uncover inefficiencies and operational flaws with a detailed review of a specific function or assessment of your operational infrastructure. We’ll assess performance against industry/peer benchmarks and provide details of opportunities for improvement.

Review all procurement policies and organizational contracts to confirm proper third-party provider and vendor relationships.

Implement proper stewardship of sponsor funds and programming. We’ll monitor and assess all activities to guide compliance with federal statutes.

To provide support for non-public companies. We’ll take a holistic view of your internal control environment to assess strength and effectiveness and measure performance against best practices and industry/peer benchmarks.