Questionable payments

In some countries, business is often gained by bribing ministers or public officials or officers of companies or firms with whom one wishes to do business. Indeed bribery and corruption are a way of life in some business communities. This Read More …

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Minimising auditor’s legal liabilities

1) Limited liability to involve a contractual and contributory negligence limit. 2) Joint and several liability to be removed in favour of proportional liability according to name not ability to pay. 3) Lawyer of losing party to pay legal costs Read More …

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Stakeholder Involvement

Involving stakeholders in risk management practices is key since they may have input to risk identification and assessment processes. Some of the key stakeholders that may be involved include: 1. The B.O.D – Senior management is charged with managing the Read More …

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