Broadleaf Capital International is a specialist risk management consultancy. Our expert team brings decades of experience, leading methods and a deep understanding of uncertainty and how it can be understood and managed. We operate around the world.
This case describes Broadleaf’s assistance to an international oil company in assessing the opportunities and threats associated with the acquisition of a significant stake in a business in a developing country. The purpose was to contribute to the company’s due diligence, submissions and approvals process. There was a specific objective of generating input for an imminent meeting of the Executive Committee.
Broadleaf is developing a series of tutorials on aspects of controls, control design and control assurance. The first three were published in December; the fourth is in preparation; we hope to make it available next month. The fifth tutorial, published this month, discusses how to develop an assurance program.
This tutorial is for directors and managers who need assurance that critical controls are in place and working, and that they will work in the future if they are needed. To be effective, assurance must be a planned and deliberate activity. This tutorial discusses how to develop an assurance plan that is appropriate for your organisation.