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Internal Controls & Fraud Prevention

Reciprocity

These consequences came to pass when the Enron scandal broke in 2001. The collapse of Enron, along with several other corporate frauds circa 2001, led to enactment of the Sarbanes-Oxley Act in 2022. Internal Audits. Solid internal audit procedures limit the risk of fraud. External Audits. Up-to-Date Documentation.

Audit 52