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A Glimmer of Hope: Resilience at the BCI World Hybrid 2022 Conference

Fusion Risk Management

Gradually, we have seen the return of the ‘conference,’ a phenomenon only remembered by those born pre-2001. . All too often, resilience programmes have become akin to compliance or tick-box exercises, with investments made for short-term ‘sticky plaster’ solutions to adhere with regulations or audit requirements.

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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