Risk and compliance

Last updated 26 May 22 @ 17:16 |
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Simon Whitburn explores the current Legal GRC landscape and reveals how failing to plan for legal GRC could increase risk levels for your organisation

Governance risk and compliance (GRC) is a vital cog in the machine of any successful business today. Its rise can be attributed to the mid-Noughties when several accounting scandals at various organisations – including Enron, Worldcom, and Tyco – led to the introduction of the Sarbanes-Oxley (SOX) Act in the United States. Launched to protect investors from fraudulent accounting activities, SOX required businesses to provide more comprehensive financial disclosures . . .

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