ENTERPRISE RISK MANAGEMENT

Risk exists at all levels of any organization, and the Federal Government is embracing the concept of Enterprise Risk Management. ODS stands ready to support all levels of your organization, including the Office of the Risk Management Officer, to address the full spectrum of risks within a specific business unit and across the entire organization. We will work with your organization to develop, or integrate existing tools, to manage the combined impact of those risks as a portfolio of risk. We also understand that risk cannot be managed in a silo and must be integrated with all lines of business, strategic framework, and performance budgeting processes to be effective. Our risk management consulting solutions involve creating effective risk management solutions.

AUDIT SOLUTIONS

Any audit program is inherently a risk management function. ODS has the capability to provide a host of audit services to support financial/accounting functions and internal controls, operational and management processes, performance management execution, and program execution. Our audit solutions are based on the following:

• Generally Accepted Accounting Principles (GAAP) (per FASAB Handbook);
• Capability Maturity Model Integration (CMMI); and
• ANSI, IEEE, and other relevant standards.