Financial Daily from THE HINDU group of publications
Tuesday, May 04, 2004
Financial Daily from THE HINDU group of publications Tuesday, May 04, 2004 |
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Opinion
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Letters Control fraud
This is with reference to "Fraud becoming a team sport" (Business Line, May 3). In today's networking environment, controls are a necessity when companies operate in multiple locations. Total Control Management, like TQM, is essential. The US Public Company, Accounting Oversight Board, has introduced a standard draft on internal control in connection with financial reporting. Control is an important part of governance which is not being evaluated properly by rating agencies. Ramachandran Mahadevan Letters to the editor and contributions can be sent by e-mail to: bleditor@thehindu.co.in
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