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Lack of Internal Audit Function an underlying risk

www.nyenrode.nl
This is according to researchers Robert Bogtstra of FSV Risk Advisory and Remko Renes of the Nyenrode Corporate Governance Institute, based on their research findings. Bogtstra goes on: “Precisely at a time when it has come to light that proper internal control is often lacking within controlled companies, an IAF can be highly valuable.
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