42013079 - Alumni Newsletter_Summer 2021_v10

a bi-annual newsletter - keeping us in touch ALUMNI news

SUMMER 2021

in this issue “Together with the regular roundup of news and activity from across the firm, this issue focuses on BDO’s Risk Advisory Team and the work we do across all sectors.” Ruth Ireland National Head of Risk Advisory Services And hear from former colleagues: Simon Brown Head of Internal Audit & Risk, Sage Housing Shareen Jilka Head of Risk & Governance, IM Group spotlight ALUMNI news RETHINK Latest advice and guidance to prepare your business to navigate the new reality. GLOBAL RISK LANDSCAPE Nigel Burbidge comments on the risks faced globally and the impact of COVID-19. ARE YOU READY? Ruth Ireland discusses proposed reforms to the UK corporate governance issued by BEIS.

CONTENTS

3 5 8

News from the top:

X Managing partner update X New partner announcements X ESG: The need to have a clear narrative

11 13 14 16 17 23 24 28 29 31 32 33 35 37 39

TEAM FOCUS: RISK ADVISORY SERVICES

X Global Risk Landscape report: Nigel Burbidge X Are you ready for increased director accountability for internal controls?: Ruth Ireland X Delivering a new type of sustainability reporting: Fiona Davis X ALUMNI news spotlight interviews with Simon Brown and Shareen Jilka

Sector & Stream Roundup

X Special Feature: RETHINK – navigating the new reality X Business resilience for the new normal: Tim Foster X ALUMNInews publications X Webinar calendar X BDO and Xero join forces in global agreement X New networks at BDO X Awards & Achievements X BDO volunteers X Alumni bookshelf X BDO Stalwart retires with some sound advice

In other news

In other news

ALUMNI news

SHARE YOUR VIEWS To comment, contribute or feature in future editions, please get in touch with

CONNECTWITH US ON LINKEDIN

Connect with more of your former colleagues and network with them online by joining our BDO LLP Alumni LinkedIn Group. We have over 1,800 members. We use the LinkedIn Group to share thought leadership, interesting articles and firm news with our alumni – a quick and easy way to keep in touch and up-to-date.

your alumni officer, Lorraine Barwell

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WELCOME

Despite our low rate of staff turnover, some of our people do move on to other organisations. I enjoy keeping up with my former colleagues on a personal and business basis, looking for ways to continue supporting them in their new roles and help their organisations address their risk management and assurance challenges. In this edition of ALUMNI news , we catch up with former RAS colleagues Simon Brown , Head of Internal Audit & Risk at Sage Housing, and Shareen Jilka , Head of Risk & Governance at IMGroup. They share their current challenges and priorities, as well as reminiscing about their time at BDO and the strong culture they enjoyed here. It’s over 25 years since I joined BDO. In the last 5 years our offering has developed enormouslywith a wide range of new services and capabilities, reflecting the complexity of the environment our clients operate in and the need for deeper skills and technical knowledge across thewhole range of client operations. Our service is founded on understanding business risk, and developing solutions to optimise performance and support delivery of business strategies, which is particularly important in an environment wherewe are all embracing constant change. Our practice continues to go from strength to strength, with double digit growth year on year. More expansion is expected, both tomeet demand and develop new services, andwith that comes the opportunity for us to bring in new talent, as well as to offer significant development opportunities to our teams so that we can continue to enhance our professional resources and ensure we can provide our clients with the practical and insightful support they need.

Welcome

This edition of ALUMNI news , we shine a spotlight on our Risk Advisory Services (RAS) team and the services we provide. The world in which organisations operate keeps changing. New hot topics coming to the fore include environmental, social and governance performance and reporting, alongside the ever-growing challenges around digital technology, cyber security and >Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Page 13 Page 14 Page 15 Page 16 Page 17 Page 18 Page 19 Page 20 Page 21 Page 22 Page 23 Page 24 Page 25 Page 26 Page 27 Page 28 Page 29 Page 30 Page 31 Page 32 Page 33 Page 34 Page 35 Page 36 Page 37 Page 38 Page 39 Page 40 Page 41 Page 42

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