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Topic: Business
Number of pages / Number of words: 2 / 501
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The company will begin to implement its enterprise risk management system by developing an appropriate internal control and corporate governance system.

Develop Internal Control and Corporate Governance System

For a company to ensure complete corporate compliance, it is imperative that there is a developed internal control and corporate governance system...


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To develop a functioning internal control and corporate governance system, strategic planning and development are required. This strategic planning includes developing preventive, detective, and corrective controls to cover the aspects of the corporate compliance.

The initial step a company must take while developing an internal control and corporate governance system is developing preventive controls to avert a possible compliance violation...


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