Helping organisations identify, assess and manage risk 

Effective risk management helps organisations protect their people, reputation, operations and long-term performance.

RSM's risk advisory specialists work alongside Australian businesses, government agencies and not-for-profit organisations to identify emerging risks, strengthen governance and build resilient organisations.

Whether you need internal audit, cyber security, enterprise risk management, probity advice or fraud investigations, our experienced advisers deliver practical solutions tailored to your organisation.

 

What are risk advisory services?

Risk advisory services help organisations identify, assess and manage risks that could affect performance, compliance, reputation and financial outcomes. These services go beyond compliance by improving governance, strengthening internal controls and supporting informed business decisions.

Depending on your organisation, risk advisory may include:

  • Enterprise risk management
  • Internal audit
  • Cyber security
  • Fraud prevention
  • Governance reviews
  • Business continuity planning
  • Regulatory compliance
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Industry expertise

 Effective risk management starts with understanding your organisation. 

Our advisers combine technical expertise with deep industry knowledge to deliver practical solutions that reflect the unique risks, regulatory requirements and commercial pressures facing your sector.

Whether you're operating in government, financial services, healthcare, education, manufacturing or the private sector, we tailor our advice to help strengthen governance, improve resilience and support better business outcomes.

Integrated risk solutions

Risk doesn't exist in isolation, and neither do we. 

Our multidisciplinary teams work together across cyber security, internal audit, fraud and forensic services, ESG, data analytics and workplace assurance to provide coordinated advice that addresses your organisation's broader risk profile.

This integrated approach allows us to identify emerging risks, strengthen controls and deliver practical recommendations that support long-term success rather than simply meeting compliance obligations.

National reach, local relationships

With specialists located across Australia and backed by RSM's global network, we combine local insight with international expertise. 

This means you receive advice that's informed by global leading practice while remaining relevant to the Australian regulatory environment and your local market.

No matter the size or complexity of your organisation, you'll work with experienced advisers who take the time to understand your business and provide support that evolves as your risks change.

Commercial and practical

We focus on delivering advice that can be implemented. 

Rather than lengthy reports with generic recommendations, we work alongside your team to develop practical risk management solutions that align with your objectives, risk appetite and operating environment.

Our goal is to help organisations make informed decisions, improve performance and build confidence through stronger governance and more effective risk management.

  Let's discuss your risk management needs 

Whether you're strengthening governance, managing emerging risks or improving organisational resilience, our experienced risk advisers are here to help.

Internal audit

Our internal audit specialists provide independent assurance over your governance, risk management and internal controls. We deliver practical recommendations that strengthen performance, improve compliance and support better decision-making.

 

Cyber Security & Resilience

Our cyber security specialists help organisations identify vulnerabilities, strengthen resilience and protect critical systems from evolving threats. We deliver practical solutions that improve security, compliance and business continuity.

Risk Assurance

Our risk assurance professionals assess governance frameworks, controls and business processes to help organisations better identify, manage and respond to risk. We provide practical insights that create confidence and support long-term success.

Fraud & Forensic Services

Our experienced forensic specialists help organisations prevent, detect and respond to fraud, misconduct and financial crime. We provide independent investigations and practical advice to minimise financial and reputational risk.

Probity Advice & Assurance

Our independent probity advisers help ensure procurement, tender and transaction processes are fair, transparent and defensible. We provide objective advice that supports good governance and builds stakeholder confidence.

Climate Change & Sustainability

Our specialists help organisations understand climate-related risks, strengthen sustainability reporting and respond to evolving regulatory requirements. We deliver practical advice that builds resilience and supports long-term value creation.

Explore RSM’s 2026 Cyber Security Report

Drawing on research from 155 Australian organisations, RSM’s 2026 Cyber Security Report examines emerging threats, cyber governance and the practical steps leaders can take to strengthen resilience.


 

Risk assurance and advisory professionals

We deliver risk management solutions that increase the resilience and competitiveness of your business, increasing profitability through better risk management.

As recent history demonstrates, from the global banking crisis to the rise of cybercrime, managing business risks should be embedded within the culture of every organisation so that everyone is focused on identifying threats and developing an appropriate response.

In fact, the identification of risk and compliance is an opportunity to prepare a risk strategy, respond and emerge stronger in order to help make decisions, support business performance and objectives as well as prevent loss, damage or harm to the business. 

With our risk advisory solutions, we maximise business operations and performance by identifying and predicting threats, and subsequently mitigating risk and resolving imminent threats.

 

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 FAQs about Risk Advisory 

Strong procurement governance helps organisations mitigate risks such as fraud, overspending, and reputational damage. By implementing clear frameworks and controls, businesses can improve accountability and ensure value for money in procurement processes.

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BEC fraud exploits human error through phishing, fake invoices, or impersonation of executives. Key defences include staff training, multi-factor authentication, and strong payment approval processes.

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Simple actions like segregating duties, monitoring unusual transactions, and encouraging whistleblowing can significantly reduce fraud risks. Regular reviews and proactive fraud awareness programs further strengthen resilience.

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Proposed changes to Australia’s Privacy Act will increase compliance obligations, requiring businesses to strengthen data protection, improve consent practices, and enhance breach reporting processes. Organisations should start preparing now to avoid penalties.

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Enterprise resilience is about more than crisis management—it’s the ability to adapt and thrive through disruption. Organisations with strong governance, integrated risk management, and cultural awareness are better equipped to handle uncertainty.

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Yes. For instance, RSM supported a large metropolitan water corporation in developing governance and risk frameworks to improve compliance, decision-making, and resilience. Such tailored advisory ensures risks are managed effectively while enabling growth.

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Forensic due diligence provides deeper insights into counterparties by uncovering hidden risks, reputational issues, or potential fraud. This intelligence helps businesses make informed decisions in mergers, acquisitions, or partnerships.

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OT systems are increasingly targeted by cyber threats, making robust security assessments essential. A comprehensive OT security assessment can identify vulnerabilities, evaluate current controls, and recommend practical improvements to ensure business continuity.

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Effective fraud control involves strong prevention, detection, and response mechanisms. Case studies show that when organisations proactively review their controls, investigate thoroughly, and act swiftly, they significantly reduce both financial and reputational impacts.

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Risk advisory services help organisations identify, assess and manage risks that could impact performance, compliance, financial outcomes or reputation.

Enterprise risk management (ERM) provides a structured framework for identifying, monitoring and managing strategic, operational, financial and compliance risks across an organisation.

The frequency depends on your organisation's size, industry and regulatory requirements. Many organisations undertake annual or risk-based internal audit programs.

Cyber security is a key component of organisational risk management. RSM helps businesses identify cyber threats, improve resilience and strengthen security controls.

Our services

 Strengthen your organisation's risk management 

Whether you're looking to improve governance, strengthen internal controls or respond to emerging risks, our experienced advisers can help. Complete the form below and we'll be in touch.

 

 Why choose RSM? 

National team of experienced risk advisers

National team of experienced risk advisers

Practical, commercial recommendations

Practical, commercial recommendations

Deep expertise across governance, risk and compliance

Deep expertise across governance, risk and compliance

Specialists in internal audit, cyber security and fraud

Specialists in internal audit, cyber security and fraud

Industry-specific knowledge across public and private sectors

Industry-specific knowledge across public and private sectors

Global resources backed by local expertise

Global resources backed by local expertise

Key contacts

 

Insights from our Risk Consultants