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

Reciprocity

So what can your organization do to minimize the possibility of fraud and mitigate its potential harm? 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.

Audit 52