Remove 2001 Remove Audit Remove Financial Services
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Internal Controls & Fraud Prevention

Reciprocity

These consequences came to pass when the Enron scandal broke in 2001. When news broke about a massive financial misstatement fraud at Enron, its share price quickly collapsed from around $90 to less than $1. The collapse of Enron, along with several other corporate frauds circa 2001, led to enactment of the Sarbanes-Oxley Act in 2022.

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. . 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.