Services to
Strengthen Your
Assurance and Risk Management
Processes
Services to Strengthen Your Risk Management Processes
Our Risk Advisory Team is ready to collaborate with you in identifying, assessing, and responding to risks relevant to your business. We provide sustainable assurance and advisory services to support your governance, risk management, and control initiatives.
Our focus is to help build your company’s proactive approach to mitigate and address financial reporting, operational, and compliance risks.
A global team to enhance risk management, support compliance, and deliver cost-effective expertise
Every business faces financial reporting, operational, and compliance risks. Those risks grow and evolve with every decision, market shift, technological breakthrough, or change to legislation. The key to risk mitigation is to cultivate awareness of the source, nature, and severity of risks so that they can be appropriately identified, and an effective response articulated. Remaining aware of an evolving threat landscape can be the difference between a business that struggles and one that weathers uncertainties and thrives.
The Risk Advisory team at Scrubbed offers an integrated approach to managing and mitigating risks. We offer Big 4 expertise and world-class consultancy to provide expert guidance on existing and proposed internal controls, processes, and procedures that can help organizations manage risks and make better-informed decisions. From conducting internal audits that help you get a clear view of the effectiveness of design and operations of your internal controls to supporting you in meeting the assurance of effective internal controls requirements of Sarbanes Oxley (SOX) legislation for Publicly Listed Entities to reviewing and recommending cybersecurity amendments, we can help you mitigate risks across your organization.
The Risk Advisory team works closely with business process, IT risk, and cybersecurity experts to help you implement and assess effective internal controls over financial reporting, consider IT risks proactively, and identify cybersecurity challenges and how to address them.
Extensive support to mitigate risk and strengthen internal controls
We offer a range of support for internal audits, business process review, SOC readiness and analysis, and risk advisory training for organizations. We collaborate closely with other specialist teams across Scrubbed to deliver comprehensive solutions and customize them so your team can implement them confidently. Our services include:
Sarbanes Oxley Compliance Services
SOX Readiness - We provide assistance in preparing for compliance with the Sarbanes-Oxley Act. These typically involve evaluating and enhancing control activities, documentation, and processes to ensure compliance with the requirements of an effective Intenal Controls over Financial Reporting (ICFR).
SOX Audit Support - We collaborate with external auditors to support a reliance approach, and conduct continuous assessment of ICFR in coordination with the agreed methodology.
Business Process Reviews and Management - We provide advisory services related to optimizing and documenting Company’s processes related to Governance, Risk Management, and Controls.
Financial Risk Assessment - We conduct analysis of risk assessments, including materiality assessment, scoping of significant accounts and processes, and related IT systems.
Narratives and Flowcharts - We assist in documenting current and proposed processes in graphical or paragraph formats.
Risk and Control Matrix - we complete our analysis of Internal Control design by mapping risks with applicable control activities, and determining gaps as necessary.
Financial Reporting, Operational, and Compliance Internal Audits - We support and lead our Clients’ internal audit program, from the establishment of the function, to planning, risk assessment, execution, and reporting.
Internal Controls Framework Assessment - We provide exercise to discuss framework implementation, such as COSO Framework or COBIT, to implement entity-level and process level controls.
Education and Training - We offer training courses and materials on risk advisory topics, including internal controls, internal audit function, change management, and cybersecurity awareness to better manage implementation of projects and adapt to changes.
Project Management - We support project implementation, such as systems development or systems acquisition, and manage project planning, design, analysis, execution, implementation, and monitoring of projects, coordinating analysis of system design, programming and coding, and user acceptance.
IT Risk Consulting - We provide advisory services on the general and application control activities surrounding proposed and existing systems, including consideration over security, confidentiality of information, processing integrity, availability, and privacy. We conduct assessment of effectiveness of input and output controls, and general controls over access, change management, and IT operations.
SOC Audit Support - We assess your organization's readiness to undergo a SOC audit. This involves documenting description of systems, processes, and controls, articulating control objectives, and performing test procedures to identify any gaps or deficiencies.
Open Search Intelligence - We conduct extensive search procedures to determine the exposure of information in the open web.
Infrastructure VAPTs - We provide resources that are competent to perform vulnerability assessment and penetration testing of networks, infrastructure, hardware, and software.
Web and API VAPTs – We also provide resources that are competent to perform VAPTs of webpages and interfaces.
Want to chat? Pick the time that works best for you!
Let’s talk about your Risk Advisory needs and how Scrubbed can provide tailored support to your organization.
Reap the benefits of partnering with Scrubbed
Access to Intellectual Capital
We have an exceptionally talented, experienced team of risk advisory professionals, all uniquely qualified to address your business’s specific needs.
Technology-Driven Approach
Our team employs cloud-based software solutions that streamline our processes and enable us to work efficiently on your behalf.
High-Quality Service
Our structured processes, policies, and procedures ensure you always receive timely and actionable deliverables of the highest quality.
Additional Capacity
Whenever your business experiences capacity limitations, we are ready to supplement your people while meeting your risk advisory needs—eliminating the need to train and hire more people and incur additional overhead costs.
Cost-Effective Approach
Our outsourcing model significantly reduces your accounting and finance costs while ensuring you receive high-quality service at par with the Big 4.
Core Business Focus
By partnering with us for risk advisory services, you conserve time and energy to focus on your core business.
Meet the Scrubbed Risk Advisory Leadership Team
Julemm Banag
Julemm is the Director of the Risk Advisory Group and a Philippine CPA with more than 13 years of experience in various finance roles, including internal audit, financial planning and analysis, and management advisory. She is the Director of the Risk Advisory Group of Scrubbed. She has 4 years of experience in various advisory service lines with KPMG, including information risk management in external audit, Sarbanes-Oxley assistance services, and internal audit services. Her experience also includes organization control audits serving local/multinational/listed companies in various industries such as manufacturing, consumer goods, shared services, and banking and finance. She also spent 4 years in PMFTC, Inc., an affiliate of Philip Morris International. She had worked in the internal audit department responsible for SOX compliance audit and corporate governance process and controls. Prior to joining Scrubbed, she was a part of the financial planning and analysis team responsible for the commercial spend strategy, review, and analysis focused on distribution, logistics, and sales overheads of PMFTC, Inc
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Jennifer Jane Wu
Jennifer Jane is a Senior Manager for Scrubbed’s Risk Advisory Group. She is a Philippine CPA and a Certified Internal Auditor with more than 12 years of experience in internal audit, risk advisory, and external auditing. Her 4 experience in external audit handling clients in various industries such as manufacturing, service, gas, and oil was with PWC Philippines. She's a Certified Internal Auditor with 7 years of experience heading the Internal Audit Department of a local conglomerate in different industries such as automotive, insurance, financing, real estate, food, and tri-media. She is knowledgeable in Sarbanes-Oxley, International Accounting Standards, International Financial Reporting Standards, US GAAP, and International Standards for the Professional Practice of Internal Auditing.
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Matthew Gopez
Matt is a Risk Advisory Senior Manager, a Philippine CPA, Certified Internal Auditor, Certifed Information Systems Auditor, and a passer of the Uniform CPA Examination of the United States with proficiency in Technical Accounting and Consulting and Assurance, ranging across 8+ years of experience performing financial statements audits, PCAOB integrated audits, preparation and conversion of financial statements, internal controls over financial reporting, Sarbanes-Oxley compliance, and internal audit outsourcing.
He has led multiple assurance and advisory engagements relating to Sarbanes Oxley Compliance, Internal Controls over Financial Reporting, and Business Process Reviews and Transformation across various processes and industries, such as Life Sciences, Technology, Retail, and Manufacturing.
He also had extensive experience performing Integrated Audits of FS with ICFR in accordance with PCAOB standards, and review of financial statements reporting under US GAAP, UK GAAP, and IFRS.
Julemm Banag
Julemm has more than 13 years of experience in various finance roles, including internal audit, financial planning and analysis, and management advisory. She is the Director of the Risk Advisory Group of Scrubbed. She has 4 years of experience in various advisory service lines with KPMG, including information risk management in external audit, Sarbanes-Oxley assistance services, and internal audit services. Her experience also includes organization control audits serving local/multinational/listed companies in various industries such as manufacturing, consumer goods, shared services, and banking and finance. She also spent 4 years in PMFTC, Inc., an affiliate of Philip Morris International. She had worked in the internal audit department responsible for SOX compliance audit and corporate governance process and controls. Prior to joining Scrubbed, she was a part of the financial planning and analysis team responsible for the commercial spend strategy, review, and analysis focused on distribution, logistics, and sales overheads of PMFTC, Inc.
Jennifer Jane Bulaon
Jennifer Jane is a Senior Manager for Scrubbed’s Risk Advisory Group. She has more than 12 years of experience in internal audit, risk advisory, and external auditing. Her 4 year-experience in external audit handling clients in various industries such as manufacturing, service, gas, and oil was with PWC Philippines. She’s a Certified Internal Auditor with 7 years of experience heading the Internal Audit Department of a local conglomerate in different industries such as automotive, insurance, financing, real estate, food, and tri-media. She is knowledgeable in Sarbanes-Oxley, International Accounting Standards, International Financial Reporting Standards, US GAAP, and International Standards for the Professional Practice of Internal Auditing.
Matthew Gopez
Matthew is a Senior Manager for Scrubbed’s Risk Advisory Group. He has led ad-hoc engagements for Financial Statement conversions, detailed financial statement reviews, and 10Q/K reporting and review. He has extensive knowledge of revenue standards, lease standards, and financial instruments, and he prepares various memos under business combinations and analyzes equity and debt instruments. He is one of the proponents of the Firm’s knowledge resource center, FASTalks, which provides relevant accounting resources to clients worldwide. He also had extensive experience performing PCAOB-integrated audits and adopting new technical standards in EY Philippines, either in IFRS or US GAAP.
Ready to partner with professionals with the expertise to help you mitigate financial and compliance risks?
Let us discuss your specific Risk Advisory needs and how we can address them.