The ability to identify, control, and monitor organizational threats is central to long-term growth and prosperity

Governance and enterprise risk management can challenge even the most experienced leaders. This is especially true in a time of constant market change. Staying one step ahead requires consistent oversight, cross-functional alignment, and an internal risk control environment tailored to the organization’s needs and today’s evolving risk landscape.

KPMG’s Governance, Risk, and Compliance Services (GRCS) team lives within that risk landscape, fueling transformation efforts. We work with clients across industries to design and embed technology-enabled future-ready governance and enterprise risk management tools, practices, and skills. Whether through outsourcing via our managed services solutions or equipping in-house teams, we help give boards and leadership peace of mind in the moment and the confidence to move forward.

Representing one of Canada's largest and most experienced teams of risk management specialists, KPMG’s GRCS team draws from experience across KPMG’s advisory practice (Management Consulting, Financial Risk Management, Forensic, Accounting Advisory Services, Deal Advisory, and Actuarial). No matter the industry, our goal is to help clients optimize their governance and enterprise risk management, establish and test internal controls, regulate third-party risks, ensure regulatory compliance, and support their governance and sustainability objectives.​

How we can help

Risk management

Risks reside in every corner of an organization and across all lines of business. Left unchecked, each poses severe and long-lasting threats to one’s growth, finances, and reputation. KPMG’s GRCS specialists work in lockstep with your teams to design and implement risk management practices that will keep enterprise, digital, financial, and non-financial threats in their place. And to do so, we draw on KPMG’s GRCS specialists and cross-sector knowledge to build a robust risk function to ensure your organization is protected now and into the future.


Compliance is central to an organization’s ability to operate and grow within its space and yet, keeping pace with jurisdictional rules, regulations, and standards can be akin to aiming at a moving target. This is where we come in. Our team will help your organizations understand, navigate, and adapt to today's ever-shifting landscape with our industry-proven regulatory, due diligence, and contract compliance services. We help you stay in good standing and ahead of the curve, so you can focus on what your business does best.

Internal audit

An organization's strength, sustainability, and growth potential are intrinsically tied to its internal audit (IA) function. KPMG GRCS draws on industry-leading practices, advanced IA analytics, and one of Canada's largest teams of IA specialists to provide various IA strategic sourcing options (e.g., co-source, outsource), quality assurance services, training, and guidance.


Governance is the backbone of risk mitigation. It’s what keeps organizations aligned and up-to-date on the practices, frameworks, and controls that define their risk management strategy. That’s why we work with boards and enterprise leaders to provide information sessions and training on leading corporate governance practices and considerations.


Environmental, social, and governance (ESG) challenges have risen to the top of customer, employee, investor, and partner priorities. As a result, organizations are compelled to follow suit. KPMG’s GRCS leaders help organizations identify and internalize their ESG objectives with greater confidence and transparency. We do so by leveraging firm-wide ESG knowledge and tools to deliver a range of diversity, equity, and inclusion advisory services; sustainability reporting and assurance support; and a slate of risk management strategies – all of which keep ESG in focus.

Internal controls over financial reporting

Financial reporting is the lynchpin of compliance and stakeholder relationships and yet, the complexities and considerations of financial reporting can add up. KPMG’s GRCS team helps clients make sense of the current financial reporting landscape and respond with accuracy and transparency. KPMG GRCS delivers a suite of ICFR / SOX managed services that help clients develop, implement, monitor, and test lean and fit-for-purpose internal controls over financial reporting (ICFR) programs.

Major project advisory

Major projects generate long-term growth and create long-lasting legacies, but only if the associated risks are kept in check. We empower clients to move forward on large initiatives with confidence by providing assurance and advisory supports that keep the risks of large-scale transformation (e.g., financial, IT, occupational health and safety, etc.) in clear view.

Data analytics

There is no effective governance and enterprise risk management with clean, reliable data. That’s why we use industry-leading data tools and specialists to provide data analytics (DA) services for IA, risk management, transformation initiatives, and compliance obligations to help clients see beyond the numbers.

Frequently asked questions (FAQs)

Governance, risk, and compliance practices provide organizations with a holistic view of their risks, allowing them to make more informed decisions, anticipate and respond to potential threats quicker, operate with greater accountability and transparency, as well as instill ongoing confidence among their stakeholders (e.g., customers, shareholders, boards of directors and staff, etc.).

By recognizing and adhering to risk management standards, organizations ensure ongoing compliance, build stronger risk management cultures, and gain greater comfort in their day-to-day operations.

Organizations may lack the internal resources and skills to spot, monitor, and respond to risks within their environment – especially at today's required speed. They may also be hindered by outdated IT systems, over-complicated processes, excessive manual work, internal resistance to change, and a lack of inter-departmental alignment on governance and enterprise risk management. With the right strategy and support from KPMG’s GRCS team, organizations can overcome these challenges.

KPMG in Canada's GRCS team is one of the largest and fastest growing of its kind. With years of cross-industry experience, we are intimately familiar with the ever-changing market landscape and are committed to providing clients with proven risk management strategies.

Backed by the power of our broader KPMG network, including Management Consulting, Deal Advisory, Audit, Tax, Law, and other service lines, we’re equipped to provide a truly holistic viewpoint and deliver added value to clients.

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