A person in business attire sitting at a desk with documents, charts, a notebook, a pen, and a smartphone, with a large plant and a window in the background.

Risk Assessment & Enterprise Risk Management (ERM)

Purpose: Help organizations identify, prioritize, and manage risks through structured, transparent, and actionable risk frameworks.

Overview: Risk assessment and ERM are essential for strategic decision‑making. Ascension Business Advisory provides a clear, practical approach to evaluating risks, mapping controls, and supporting leadership in building sustainable risk programs utilizing professional frameworks, such as:

  • COSO Internal Control Framework

  • COSO ERM Framework

  • GAO Standards for Internal Control in the Federal Government

  • Other professional and regulatory frameworks, as applicable. 

Chris’s experience in government and regulated environments ensures a disciplined, defensible methodology.

Services Offered

  • Annual organizational risk assessments

  • ERM framework development

  • Risk register creation and maintenance

  • Control mapping and gap analysis

  • Risk scoring and prioritization

  • Board‑level reporting and presentations

  • Facilitation of leadership risk workshops

Ideal Clients

  • Public sector entities

  • Nonprofits

  • Mid‑market companies

  • Organizations building or maturing ERM programs

  • Boards seeking clearer risk visibility

  • Organizations looking for an outsource or co-source partner

Deliverables

  • Comprehensive risk register

  • Heat maps and visual dashboards

  • Control gap analysis

  • Mitigation plans and timelines

  • Executive and board‑ready reporting packages