Risk Advisory

Our Risk Advisory team helps organizations navigate an increasingly complex risk landscape with confidence.We bring deep, specialized expertise across a range of disciplines, partnering with clients to identify vulnerabilities, strengthen controls, and build more resilient organizations – turning risk management into a strategic advantage.

We Can Help.

Are we only engaging with legitimate, capable vendors and suppliers?
Why are our construction projects always either over budget, behind schedule, or both?
How do we implement and use AI to our competitive advantage?
Are our current cyber security and IT controls sufficient to meet constantly evolving threats?
How confident are we that our controls throughout the enterprise are designed well and functioning as intended?
How resilient is our supply chain in the face of industry disruption, geopolitical uncertainty, and operational challenges?
Where are we most vulnerable to fraud, misconduct, or control breakdowns that may be going undetected?
Vendor Risk Advisory

Your success depends on the reliability and quality of services and materials provided by your vendors and suppliers. We partner with management to design and implement robust processes, controls, and oversight frameworks your team needs to effectively vet, onboard, and manage trusted suppliers.

Capital projects carry high stakes and inherent complexityWe partner with management to establish robust internal controls and oversight processes—giving you reasonable assurance that your construction projects stay on schedule, remain within budget, and meet strict quality and regulatory standards from ground-breaking to completion. 

We help organizations navigate the practical and strategic challenges of adopting artificial intelligence. Our consulting services span AI strategy, secure deployment of platforms such as Microsoft Copilot and Claude, security review, and governance, guiding clients from initial evaluation through rollout and ongoing oversight. Whether you’re evaluating your first AI initiative or expanding existing use, we help you move forward with confidence, ensuring your AI investments are effective, secure, and aligned with responsible governance practices.

We provide IT consulting and audit services that help organizations strengthen technology, security, and governanceOur services include IT controls reviews, Microsoft 365 assessments, cybersecurity evaluations, operational technology consulting, and IT governance reviews.

Our internal audit co-sourcing services provide flexible access to experienced audit professionals when additional expertise or capacity is neededWe work alongside your internal audit team to perform targeted audits, address specialized risk areas, and support audit plan execution while your organization retains oversight and strategic direction. 

Our outsourced internal audit service offers an effective and efficient option for quickly establishing a proficient and responsive internal audit function by providing access to experienced audit professionals without the cost and complexity of maintaining an in-house department. We help organizations meet audit, risk, and compliance objectives through a flexible, scalable solution tailored to their needs. 

We help organizations optimize supply chain, warehouse, and inventory management operations. Through targeted assessments and practical recommendations, we help companies improve efficiency, reduce costs, and strengthen overall performance. 

We help organizations identify fraud risks, evaluate control effectiveness, and strengthen oversight. Through targeted assessments and practical recommendations, we help management reduce the risk of financial loss, misconduct, and reputational damage.

Joint Interest Audit

Ensure accuracy and compliance in your joint interest billings with a joint interest audit. At Martindale, we specialize in joint interest audits and have performed thousands. We know the non-operator’s contractual rights and helped draft the industry document outlining the audit process.

At Martindale, our internal audit team brings expertise to every facet of internal audit activities, ensuring your organization operates with confidence and clarity. We excel in managing the entire internal audit function including, but not limited to, risk assessment, internal controls testing (including SOX testing), operational, and vendor risk assessment and audits.

Navigating the complexities of revenue and royalty agreements can be challenging. Our revenue and royalty audit services are designed to provide clarity and assurance. We review payments, verify compliance with applicable agreements, and assess the accuracy of calculations. By identifying any discrepancies or inconsistencies, we help ensure that our clients receive proper revenue and royalty payments.  Martindale has conducted thousands of revenue and royalty audits covering all geographical areas in the United States from simple to extremely complex systems.  Our team has the experience and expertise in operations, accounting, and agreements, to handle any revenue or royalty audit. 

Evaluating the relationship between your company and your vendors is critical to successful operations and business. Prudent operators will exercise their rights to evaluate that relationship through a vendor audit to determine whether the vendor is in compliance with the terms and conditions of the applicable Master Service Agreement (MSA).

Navigating the complexities of midstream and gas plant audits demands a specific skill set and expertise due to complex operations and agreements. Our team is equipped to review the intricate operations and agreements inherent in these audits, ensuring comprehensive and accurate results.

The differences between domestic and international agreements are significant, requiring experience and expertise to understand the additional and unique complexities.  Reviews of international projects require a thorough understanding of the relationships of the parties and the unique terminologies and provisions contained in international operating agreements and accounting procedures.

An organized and executed due diligence review is key to successful oil and gas properties and minerals acquisitions. There are many aspects of a due diligence review including title work, contract analysis, reviewing outstanding litigation, reviewing outstanding litigation, regulatory, and potential accounting issues that can affect a transaction. Martindale can help evaluate or execute a potential transaction by performing cut-off or post-close cost reviews and settlements from a joint venture or “COPAS” standpoint, review existing operating agreements and accounting procedures, and analyze outstanding joint venture audit claims.

Martindale knows COPAS.  Martindale employees have served on a multitude of drafting teams to create COPAS Accounting Procedures and publications, served as char of Audit, Revenue, Emerging Issues, CEPS, Vehicles, and other committees, and served in various leadership and Board of Director positions at both the local and national level.

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