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Later scandals after the 2008 financial crisis also increased the importance of robust internal controls. Why Both Controls and Audits are Required A lack of internal controls can be a severe problem for organizations that fall under laws and regulations such as SOX and HIPAA (Health Insurance Portability and Accountability Act).
Later scandals after the 2008 financial crisis also increased the importance of robust internal controls. Why Both Controls and Audits are Required A lack of internal controls can be a severe problem for organizations that fall under laws and regulations such as SOX and HIPAA (Health Insurance Portability and Accountability Act).
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