Risk register
Clearly described risks with causes, consequences, owners and agreed assessment criteria.
Make risk a decision—not a colour on a chart
Risk Management Services in Dubai
Connect the risk register to everyday choices.
Dubai & UAE · Defined scope · Evidence-led reporting
A CLEAR STARTING POINT
What this service does.
Risk management advisory helps a business identify uncertainties, assess exposure and assign proportionate responses. A&A supports practical risk registers, ownership, action plans and reporting that connect risks to business objectives.
Use this work when growth, concentration, new systems or major projects change the business’s exposure. A useful risk register records causes, consequences, existing controls and decisions—not just a list of worries.
Risk advisory does not eliminate uncertainty or transfer risk ownership away from management. Scores and heatmaps are decision aids, not precise predictions of loss.
DEFINE THE OUTPUT BEFORE THE WORK
What your engagement can include.
These outputs form a starting point for the proposal. The signed scope confirms coverage, reporting format, responsibilities and exclusions.
Response plan
Actions linked to priorities, resources and the risks management chooses to accept or treat.
Monitoring view
Indicators, escalation triggers and review dates designed around real decisions.
MAKE THE DISTINCTION
Risk management and independent assurance
| Activity | Responsible role | Typical output |
|---|---|---|
| Own and manage risk | Management and designated risk owners | Risk decisions and operating controls |
| Support the process | Risk advisory or coordination team | Method, register and reporting |
| Provide independent assessment | Appropriately positioned internal audit | Assessment of the process and controls |
FROM BRIEF TO HANDOVER
How the work moves forward.
- 01
Set the context
Identify objectives, stakeholders, scope and the decision-making forum.
- 02
Assess exposure
Discuss plausible scenarios and agree consistent likelihood and impact criteria.
- 03
Choose responses
Evaluate existing controls and proposed actions; management approves appetite and acceptance decisions.
- 04
Monitor and revise
Review indicators, incidents and changes to keep the register relevant between formal meetings.
ILLUSTRATIVE SCENARIO · NOT A CLIENT CASE STUDY
A business relies on one major supplier
- The situation
- A growing company identifies supplier concentration but has no agreed escalation trigger.
- The approach
- Assess disruption scenarios, review alternatives and define an owner, action date and measurable warning indicators.
- The useful outcome
- Management can decide which exposure to accept and what contingency work to fund. A heatmap alone would not make those decisions.
PREPARE ONCE. AVOID REPEATED REQUESTS.
What to have ready.
The final request list depends on the period, systems and agreed scope. Keep original records and identify the person responsible for explaining each data source.
- 01Business plan, objectives and organisation chart
- 02Existing risks, incidents and control descriptions
- 03Supplier, customer and funding concentration information
- 04Business continuity plans and management reporting
SCOPE, TIMING & RESPONSIBILITY
No surprises at the handover.
Before work begins, agree the recipient, review period, access arrangements and reporting purpose. Fees depend on the complexity and completeness of the records, not simply the name of the service.
A&A’s agreed work
Plan the assignment, document the evidence reviewed, communicate gaps and deliver the outputs in the engagement letter.
Your management team
Provide complete authorised records, explain the business context, approve accounting or operational decisions and own corrective actions.
Specialists and independent sign-off
Where the brief requires a statutory opinion, regulated certification, legal advice or specialist evidence work, confirm the appropriately qualified provider and separate responsibilities before proceeding.
BEFORE YOU COMMISSION THE WORK
Questions worth asking.
What is the difference between inherent and residual risk?
Inherent risk describes exposure before considering controls; residual risk considers the agreed control position. Define the assessment method clearly so scores are comparable.
Who decides which risks to accept?
The authorised management or governance body decides. Advisory work helps clarify options, evidence and trade-offs but does not replace that decision.
Do we need a complex scoring system?
Not necessarily. A proportionate, consistently applied method with clear ownership is more useful than a detailed heatmap that no one maintains.
How often should risks be reviewed?
Agree a cadence suited to the business and revisit risks when material events occur, such as a new system, major contract, incident or change in strategy.
What determines the fee and delivery time?
The number of entities, locations, systems, transactions and reporting requirements all affect the scope. We agree a proposal after reviewing the brief and record readiness. A fixed delivery promise cannot be made before that assessment.
How do we begin without sharing confidential records?
Send a high-level description of the requirement, entity type and deadline. Do not include passwords, identity documents or sensitive evidence in the enquiry form. We agree an authorised, secure exchange method before detailed records are shared.
Sources and professional scope
Reference links checked on 14 September 2026. These explain relevant professional frameworks or requirements; they do not establish A&A’s accreditation or certify an engagement’s conformance.
Confirm current requirements for your entity, jurisdiction and intended recipient. This page is a service overview, not a legal opinion or assurance report.
A&A TAX CONSULTANTS · DUBAI & UAE
Start with the question you need answered.
Tell us the service, entity type, reporting period and deadline. We’ll help define the next step and the information needed.
Pricing links open our general packages. Audit-specific fees require an agreed proposal.