Independent Monitorship
A successful monitorship results primarily from the depth of experience and the well-rounded resources of the monitoring team and advisors.
SIRA International Risk Advisors, Inc. have four paramount goals in the monitorship assignment:
Effectiveness
We work closely with clients and regulators to anticipate, illuminate and overcome complex business challenges in areas such as investigations, litigation, mergers and acquisitions, regulatory issues, reputation management and restructuring.
Our work plan and recommendations are designed to promote a successful outcome while maintaining independence and objectivity in a transparent approach to monitoring activities help facilitate a successful process.
We have significant expertise in evaluating the design and efficacy of corporate compliance programs and have advised many companies on improvement.
Efficiency
We will work within the scope of our responsibilities as set forth in the governing agreement and not engage in scope creep.
In co-operation with our trusted and internationally recognized partners, our IT and Project Management tools effectively automate required governance, risk management and compliance procedures, and enable rapid detection of anomalies or events that might indicate a failure of internal controls or other compliance safeguards.
Economy
We employ our extensive resources and industry knowledge in a manner designed to avoid unnecessary interference with ongoing business operations and to control costs, while maintaining rigorous independence.
Trust & Objectivity
Our team have built internationally recognized reputations for independence, diligence and objectivity.
We have held senior positions with various Federal agencies. We have significant experience with enforcement staffs and have track records of honesty and integrity in dealing with them.
Our professionals have substantial experience:
serving as independent monitors
providing forensic accounting
delivering investigative and other analytical support services to general counsel
assessing compliance programs and systems of internal control
reporting to government agencies.
The SIRA Advantage
While every case presents unique facts and circumstances, we believe that a monitor should possess certain core attributes and expertise. SIRA professionals have considerable expertise in each of these areas. We can provide a highly qualified and efficient team for any type of monitorship.
We are highly experienced in the application of Canadian and international accounting principles and auditing standards. Our forensic accounting professionals provide expertise in data collection and analysis, reconstructing financial records, unraveling complex financial transactions, and conducting forensic examinations and interviews.
We have broad industry expertise, in sectors such as aerospace/defense, automotive, chemicals, communications, construction, energy, environmental, financial services, healthcare and life sciences, insurance, professional services, retail/consumer, transportation, and telecom, media & technology.