Risk Advisory Services
Identifying Risks.
Protecting Value.
Risk Advisory Services in Thailand | Internal Audit, Risk Management, Compliance & IPO Readiness
Smart Risk Management for Confident Growth.
In today’s increasingly regulated and competitive business environment, managing risks effectively is critical to achieving sustainable growth and stakeholder confidence. At Kreston Thailand, our Risk Advisory Services help organizations identify, assess, mitigate, and monitor risks across their operations, governance, and compliance functions.
Whether you’re preparing for expansion, facing new regulatory requirements, or gearing up for an IPO, we deliver tailored solutions that strengthen your internal controls and risk management framework.
Why Choose Kreston Thailand for Risk Advisory?
From Uncertainty to Strategic Control.
We work closely with boards, audit committees, and management to deliver insights that go beyond compliance, empowering confident decision-making and value creation.
Practical, business-focused recommendations tailored to your risk profile
Integration of Thai regulations with international best practices
Bilingual team (English, Thai, Chinese) for seamless communication
Partner-led approach for personalized attention
Access to global expertise via Kreston Global network
Our Risk Advisory Services Include:
Transform Risk into Resilience.
✅ Internal Audit Services (Key Offering)
We provide outsourced and co-sourced internal audit services to evaluate the effectiveness of your organization’s internal controls, risk management processes, and governance practices.
Our internal audits are risk-based and focused on identifying process improvements and safeguarding assets—not just ticking compliance checkboxes.
Internal audit scope includes:
- Operational audits: procurement, sales, inventory, receivables/payables
- Financial audits: transaction testing and account balances
- Compliance audits: adherence to policies, laws, and regulations
- IT general controls: evaluating system access, data integrity, cybersecurity
- Reporting findings and tracking corrective actions with management
Outsourcing internal audit to Kreston Thailand provides independence, cost efficiency, and flexibility without the need to maintain a full in-house team.
✅ Risk Management Advisory
We assist businesses in developing effective risk management frameworks aligned with ISO 31000 and COSO ERM standards. Our approach enables management to proactively identify, evaluate, and respond to risks that could impact business objectives.
Key services:
- Facilitating risk identification workshops
- Developing risk registers and heatmaps
- Establishing risk appetite and tolerance frameworks
- Designing board and management risk dashboards
- Aligning risk management with strategic planning
We ensure risk management is practical, embedded in operations, and actionable.
✅ Compliance Reviews
Regulatory compliance is a growing challenge in Thailand’s evolving legal environment. We conduct independent reviews of your company’s compliance with laws, regulations, and internal policies to help prevent fines, penalties, and reputational damage.
Compliance review areas include:
- Anti-corruption and anti-bribery compliance
- Tax compliance and filings
- Employment law compliance
- Industry-specific licensing and permits
- Corporate secretarial compliance
Our reports identify compliance gaps and recommend corrective actions for sustainable, long-term compliance.
✅ Fraud Risk Assessment & Prevention
Fraud risk remains a persistent threat across industries. We assess fraud exposure across your organization, evaluate control effectiveness, and recommend fraud prevention measures.
Fraud risk advisory services:
- Fraud risk assessment workshops with leadership
- Control reviews in high-risk areas (cash, procurement, reimbursements)
- Whistleblower program evaluation
- Recommendations to improve segregation of duties and oversight
We help foster an ethical culture and strengthen fraud detection mechanisms.
✅ Corporate Governance Reviews
We help companies enhance governance structures by reviewing board composition, committee mandates, reporting frameworks, and decision-making processes.
Governance advisory includes:
- Benchmarking governance practices against local and international standards
- Reviewing board roles, charters, and reporting lines
- Assessing conflict-of-interest disclosures and oversight functions
- Aligning governance with stakeholder expectations and regulatory requirements
Good governance increases transparency, accountability, and long-term investor confidence.
✅ IPO Readiness Advisory
Planning to go public? We assist companies preparing for an Initial Public Offering (IPO) by evaluating governance, financial reporting, internal controls, and regulatory compliance.
Our IPO readiness services include:
- Assessing gaps against Thai SEC and Stock Exchange of Thailand (SET) requirements
- Strengthening financial reporting processes for audit-readiness
- Enhancing internal controls over financial reporting (ICFR)
- Advising on governance improvements required for listed companies
- Supporting documentation and disclosures needed for IPO filings
- Coordination with auditors, legal advisors, and investment bankers
We help you build the robust control environment and governance framework needed to meet investors, regulators, and market expectations for a successful IPO.
Industries We Serve:
We provide risk advisory services to diverse sectors:
- Service industries
- Trading and distribution businesses
- Retail and consumer goods
- Logistics and supply chain
- Manufacturing
- Hospitality and real estate
- Technology and IT services
Each industry faces unique risks, and our services are customized accordingly.
Your Trusted Partner in Risk & Internal Control
Guarding Your Business Against the Unexpected.
At Kreston Thailand, we see risk advisory as a strategic enabler—not just a compliance function. We empower your organization with confidence, resilience, and accountability through effective governance, controls, and risk management.
Personalized attention
Actionable recommendations
Global quality standards with local expertise
Initiating an audit with quality standards. Or, embarking on a financial journey. Let's navigate the complexities together!
How we can help you?
We are committed to protecting your privacy. We will never collect information about you without your explicit consent.
Why Work with
Kreston Thailand?
Contact Kreston Thailand today to learn how our Risk Advisory Services can strengthen your organization and prepare you for future challenges—including IPO readiness.
