Remove 2001 Remove Financial Services Remove Response Plan
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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. Eventually shareholders lost over $74 billion and the company went bankrupt. These auditors must know how to assess fraud risk.

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!