Risk and Control: Ideas for a better tomorrow
A contrarian view on Risk and Control to make tinkle curiosity leading to creative and critical thinking.
There is less than cordial relationship between internal audit and management. One of the reasons is management believes that internal audit does not add value, whereas Internal audit believe that management is not adhering to best of the practices and most ethical behavior. However, both believe that they are taking actions in the best interest […]
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Related Party transactions are one of the grayest areas in corporate governance. Yet they are so prevalent. Legislation and regulators have prescribed ways and means to monitor, regulate, approve related party transaction. One of the core principles of corporate governance is the absence of interested party/parties in the discussions where any decisions regarding related party […]
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