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How to spot accounting fraud

ThomsonReuters

When one thinks of accounting fraud, it is likely that these are some of the cases that come to mind. The risk of accounting fraud is always heightened when there is pressure on companies to meet certain objectives. “The The risk of accounting fraud is always heightened when there is pressure on companies to meet certain objectives.

Banking 93
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Cooley Discusses “Internal Control over Sustainability Reporting”

Reynolds Holding

Yet few of them seem to have developed effective, integrated systems of internal control over their material or decision-useful sustainable business information.” Yet few of them seem to have developed effective, integrated systems of internal control over their material or decision-useful sustainable business information.”

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The Connected Risk Journey: How to Discover Risk When and Where It Really Matters

Audit Board

A leading global forecaster, Kristalina Georgieva, she’s the head of the International Monetary Fund, predicted the future back in January 2020 when she said, “If I had to identify a theme at the beginning of this decade, it would be uncertainty.” How could she make that statement? This is the decade of uncertainty.

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SEC Cybersecurity Rules Update: The Complete Guide

Audit Board

Cybercriminals keep finding new ways to monetize cyberattacks, prey on geopolitical instability, evade detection, exploit or re-weaponize vulnerabilities, and use AI to conduct attacks. Every company should feel urgency about maturing cybersecurity risk management. The risk is widespread and likely underreported. You’re right.

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How to Value a Website or Internet Business in 2022

FE International

Stepping back and reflecting on the issue, the main challenges to deriving a fair business valuation seem to be 1) misunderstanding or bad use of valuation techniques, 2) gathering or using the wrong information for inclusion in the analysis and 3) oversight of extraneous factors or ‘the bigger picture’ as it were. The Main Challenges.

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The CSRD: Upcoming Requirements and How to Prepare

Audit Board

Greenwashing,” the misrepresentation of an organization’s ESG information , is another impetus for expanded regulations — stymying greenwashing and driving integrity and transparency is one of the objectives of the CSRD and other social and climate-related disclosure requirements.

Finance 52
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Compliance Audit Basics: Definition, Types, and What to Expect

Audit Board

Section 302 of the SOX Act requires that a CEO and CFO certify that the financial statements are complete and accurate. There is a lot that goes into drafting the financial statements. Compliance audits are a broad topic that can affect many organizations across different parts of an organization. What Is a Compliance Audit?