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Internal Controls & Fraud Prevention

Reciprocity

The goal is to paint a false picture of the organization’s financial performance, usually to boost the company’s market value or attract new investors. These consequences came to pass when the Enron scandal broke in 2001. Improper disclosures are also a type of financial statement fraud.

Audit 52
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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. . The first few were poorly attended, with many assuming (rightly) that others wouldn’t bother to make the trip into the city or that they wouldn’t feel safe doing so. What a difference six months makes though!