We Provide
Internal Audit Services and Quality Assurance
Our company offers internal audit services in accordance with the International Professional Practices Framework (IPPF) and the internal audit standards issued by the Institute of Internal Auditors (IIA), which became effective in January 2025. These services ensure a comprehensive evaluation and enhancement of governance, risk management, and control processes, enabling our clients to achieve their strategic objectives effectively
Our approach focuses on:
- Adherence to IIA Standards: Ensuring compliance with the updated standards to achieve accuracy, integrity, and effectiveness.
- Risk-Based Auditing: Prioritizing high-risk areas to provide valuable insights.
- Continuous Improvement: Utilizing technology and analytics to enhance audit processes and outcomes.
- Quality Assurance: Conducting periodic reviews of audit functions to maintain the highest levels of quality.
We Provide
Risk Management Services
Our company provides comprehensive risk management services designed in accordance with the ISO 31000 standard. These services are crafted to help organizations systematically identify, assess, and mitigate risks, ensuring the achievement of their strategic objectives and the sustainability of their operations.
Our Approach Includes:
- Establishing a Risk Management Framework: Developing a robust framework tailored to your organization’s specific needs and aligned with ISO 31000 principles.
- Risk Identification and Assessment: Systematically identifying potential risks and evaluating their likelihood and impact to prioritize management efforts.
- Risk Mitigation Strategies: Designing and implementing effective strategies and controls to minimize the impact of identified risks.
- Continuous Monitoring and Review: Regularly monitoring risk factors and reviewing the effectiveness of risk management strategies to ensure ongoing improvement.
- Integration with Organizational Processes: Ensuring that risk management is embedded into all aspects of your organization’s processes, enhancing decision-making and operational resilience.
Benefits of Our Risk Management Services:
- Enhanced Decision-Making: Providing clear insights into risk factors to support informed strategic decisions.
- Increased Resilience: Strengthening your organization’s ability to anticipate and respond to potential challenges.
- Regulatory Compliance: Ensuring adherence to relevant laws, regulations, and standards, thereby reducing the risk of non-compliance.
- Operational Efficiency: Streamlining processes to mitigate risks, leading to improved efficiency and performance.
- Sustained Growth: Facilitating long-term growth by proactively managing risks that could hinder your organization’s progress
We Provide
Governance and Compliance Services
Our company offers specialized governance and compliance services tailored for the private and non-profit sectors. These services are designed in accordance with the ISO 27000 series standards and Saudi Arabian regulations, ensuring that your organization operates with the highest levels of integrity, security, and regulatory compliance
Our Approach Includes:
- Establishing Governance Frameworks: Developing robust governance structures that align with your organization’s objectives and comply with ISO 27000 standards.
- Compliance Assessment and Auditing: Conducting thorough assessments to ensure adherence to relevant Saudi regulations and international standards, identifying gaps, and recommending corrective actions.
- Policy Development and Implementation: Creating and implementing comprehensive policies and procedures that support effective governance and compliance.
- Risk Management: Identifying, evaluating, and mitigating risks related to governance and compliance to safeguard your organization’s assets and reputation.
- Training and Awareness Programs: Providing training sessions to educate your staff on governance best practices, regulatory requirements, and compliance obligations.
- Continuous Monitoring and Improvement: Regularly reviewing and enhancing governance and compliance processes to adapt to evolving standards and regulatory changes.
Benefits of Our Governance and Compliance Services:
- Enhanced Regulatory Compliance: Ensuring your organization meets all applicable Saudi regulations and international standards, minimizing the risk of non-compliance penalties.
- Improved Organizational Integrity: Strengthening your governance structures to promote transparency, accountability, and ethical practices.
- Risk Mitigation: Proactively identifying and addressing potential governance and compliance risks to protect your organization’s interests.
- Operational Efficiency: Streamlining governance and compliance processes to enhance overall operational effectiveness and decision-making.
- Sustainable Growth: Building a strong foundation of governance and compliance that supports long-term sustainability and success
We Provide
Cybersecurity Internal Audit
Our IT Systems and Cybersecurity Assessment service offers a comprehensive internal audit of your organization’s IT infrastructure and security protocols.
We conduct in-depth evaluations of your systems to identify vulnerabilities and assess the resilience of your IT infrastructure against cyber threats.
Our team uses the latest tools to review network configurations, data protection measures, and cybersecurity practices, ensuring they meet global standards.
Following the audit, we provide clear, actionable recommendations to address identified risks, enhance malware and ransomware protection, improve firewall security, and ensure compliance with industry regulations.
By strengthening your digital security, we provide your business with the confidence to operate in an increasingly connected world.
We Provide
IT Governance and Data Privacy
At Sync First, we help businesses design and implement IT governance frameworks tailored to their specific organizational goals.
Our approach is holistic, focusing on strategic IT planning, regulatory compliance, risk management, and optimal resource allocation.
We assist businesses in creating governance structures that enhance the efficiency and effectiveness of IT operations, reducing vulnerabilities such as data breaches, downtime, and non-compliance.
By leveraging industry-leading tools and methodologies, we help businesses optimize their IT resources, ensuring that every aspect of their digital infrastructure is aligned with both business goals and regulatory requirements.
Our focus is on building sustainable IT practices that improve security, streamline operations, and foster long-term growth.
We Provide
Business Continuity Management (BCM)
Sync First’s Business Continuity Management (BCM) services are focused on ensuring your organization can maintain critical operations during emergencies.
Our BCM planning includes identifying essential business functions, assessing risk factors, and creating recovery strategies for both IT and non-IT systems.
Whether you’re facing a natural disaster, cyberattack, or operational disruption, our plans ensure minimal downtime and quick recovery.
We implement detailed data recovery protocols, disaster recovery strategies, and business recovery plans to ensure your organization can continue functioning regardless of the crisis.
Our regular testing and simulation exercises evaluate the effectiveness of your BCM plans, keeping them up to date and ensuring they can withstand real-world disruptions. Ultimately, our goal is to help you preserve your company’s reputation, reduce financial losses, and maintain customer confidence during unforeseen events.
We Provide
Leadership Succession Planning
At Sync First, we recognize that seamless leadership transitions are pivotal to the enduring success of any organization.
Our Leadership Succession Planning services are meticulously crafted to identify, develop, and nurture future leaders within your company.
Aligned with Saudi Arabian regulations, including the Saudi Vision 2030 and guidelines from the Ministry of Human Resources and Social Development, we ensure that our succession plans comply with national standards and support your strategic objectives.
Our Services Include:
- Identification of Potential Leaders: Systematically identifying high-potential candidates within your organization who possess the skills and attributes necessary for leadership roles.
- Capability Assessment: Evaluating the competencies and readiness of potential successors through comprehensive assessments and performance reviews.
- Tailored Leadership Development Programs: Designing customized training and development initiatives to prepare identified candidates for future leadership positions.
- Knowledge Transfer: Implementing structured knowledge transfer processes to ensure critical business insights and institutional knowledge are effectively passed on to successors.
- Comprehensive Succession Planning: Collaborating with your management team to develop and implement a robust succession plan that guarantees key leadership roles are filled by qualified individuals when needed.
By proactively preparing your organization for leadership transitions, we help minimize disruptions, maintain business continuity, and foster sustained growth, all while adhering to the regulatory frameworks of the Kingdom of Saudi Arabia.
We Provide
Fraud Detection and Prevention
Fraud detection and prevention are integral parts of maintaining a secure and trustworthy business environment. At Sync First, we use advanced data analytics and IT tools to detect, investigate, and prevent fraudulent activities within your organization.
Our comprehensive approach includes continuous monitoring of financial transactions, identifying suspicious patterns, and conducting forensic audits.
We also implement proactive measures to reduce financial risks and enhance the security of critical assets.
Our fraud prevention services include employee training, anti-fraud policies, and system enhancements designed to detect and block fraudulent activity before it escalates.
By strengthening your internal controls and security infrastructure, we help safeguard your organization’s assets and protect your reputation.
We Provide
Consulting Support
We provide integrated consulting support services specifically designed to assist companies in achieving their strategic goals. Our team of experts offers comprehensive advice focusing on administrative aspects, enhancing operational efficiency, and ensuring compliance with international standards.
Our consulting services include:
- Providing administrative advice on organizing bookkeeping and preparing financial statements with accuracy and professionalism.
- Offering specialized assistance in preparing financial statements, conducting financial analysis, and developing strategic financial plans.
- Providing specialized advice on tax compliance and developing accounting policies to ensure full adherence to laws and regulations.
- Offering guidance and administrative recommendations related to estimating credit loss provisions, assessing the impairment of tangible and intangible assets, and calculating employee benefits provisions in accordance with international standards.
- Additionally, we assist companies in conducting comprehensive administrative evaluations to analyze performance and identify opportunities for improving efficiency and organizational effectiveness, which contributes to enhancing their ability to achieve strategic goals and streamline operations in line with best global practices.
Our services are characterized by flexibility and innovation, as we always strive to provide practical solutions that meet our clients’ needs and support their journey toward sustainable success.
Our Assessment Approach
At SYNC FIRST, we’re dedicated to helping businesses achieve sustainable growth through a tailored, strategic approach that aligns with Saudi Vision 2030. Our comprehensive risk assessment methodology is designed to identify opportunities for improvement and strengthen your business foundation.
Collaborative Workshops
We work closely with your team to understand your unique goals, IT infrastructure, financial practices, and risk environment.
Data-Driven Insights
Using advanced analytics, we evaluate your financial data, IT systems, and security measures to pinpoint areas for optimization.
Industry Benchmarking
We compare your performance against industry standards to identify competitive edges and growth opportunities.
Vision 2030 Alignment
We assess your practices to ensure they align with the goals of digital transformation and economic diversification outlined in Saudi Vision 2030.
Our Assessment Approach
At Sync First, we are committed to enabling businesses to achieve sustainable growth through a customized, strategic approach that aligns seamlessly with Saudi Vision 2030.
Our robust risk assessment methodology is meticulously designed to uncover opportunities for enhancement and fortify the foundational strength of your business. By integrating industry best practices and adhering to national strategic frameworks, we ensure that your organization is well-positioned for long-term success and resilience in a dynamic market environment.
Collaborative Workshops
We work closely with your team to understand your unique goals, IT infrastructure, financial practices, and risk environment.
Data-Driven Insights
Using advanced analytics, we evaluate your financial data, IT systems, and security measures to pinpoint areas for optimization.
Industry Benchmarking
We compare your performance against industry standards to identify competitive edges and growth opportunities.
Vision 2030 Alignment
We assess your practices to ensure they align with the goals of digital transformation and economic diversification outlined in Saudi Vision 2030.