| TRANSPARENCY REPORT
95
RISK MANAGEMENT
Mitigation
● appointment of RSM Chief Digital Officer
● implementation of firm-wide Digital Strategy
● Data Analytics Hub launch
● Digital and data literacy training
● secure applications to support service delivery and
data sharing
● multiple data storage locations
● measures to protect against data loss and minimise risk
of system penetration or failure
● regular training and awareness on data security and GDPR
● application of up to date IT security defence systems and
incident monitoring
● ISO27001 accreditation
● review of resources and skills to ensure meet needs of
the business
● active recruitment and student hire programme
● established staff appraisal and development programmes
● staff progression opportunities
● Diversity and Inclusion, and staff wellbeing programmes
● regular leadership communication on business performance,
staff wellbeing, coronavirus response, and future objectives
of the firm
● international sector and service line groups and
liaison desks
● RSM International global quality standards and
independent member firm quality review programme
● global methodologies and standards
● RSK UK Head of International liaison with
RSM International
● client and engagement level service quality management
and review procedures.
● RSM UK Audit LLP is operationally separate
● participation in market reviews and monitoring regulatory
developments, including the establishment of BEIS
consultation working party to assess the impact of
potential changes
● regular assessment of the resilience of the business,
management of the cost base relating to office,
technology, and people costs
● financial forecasting, cash collection and cash
flow forecasting