How to boost internal control to tackle corruption?

Taking money out of a wallet Day in and day out, businesses in India have to deal with numerous corruption-related risks. A majority of these are in the form of theft of physical assets and information, bribery, and internal financial frauds. This trend, combined with a stringent regulatory and enforcement environment, has brought risk management to the fore. It is not a choice anymore, but a necessity. Neville Dumasia, National Leader, Risk Advisory Services, India, EY discusses ways to leverage internal control to tackle corruption.

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