Monday, September 07
Mumbai: A series of cases of fraud at companies like IndusInd Bank and Gensol, coupled with the explosion of data and artificial intelligence, is putting the spotlight on static, sample-based internal audits. Auditors say this conventional model is useful for compliance, but often lacks the real-time responsiveness modern companies need and ends up providing only lagging indicators, flagging risks after the damage is done.Experts say the rapid digitisation that Corporate India has gone through over the last decade or so has led to a deluge of data flowing in from every part of the business and at a speed and scale that is increasingly making it tough to manage and track. At the same time, the enterprise technology stack is now an interconnected digital web of ERPs, CRMs and cloud platforms
New Delhi: Awami League (AL), Bangladesh's oldest political party which has been banned from participating in the February general elections, has upped the ante against the Muhammad Yunus-led interim government.Last week, the party said it will intensify its protests against Yunus' regime.The Awami League's decision comes ahead of the verdict that the International Crimes Tribunal of Bangladesh is set to deliver on Monday in a case against deposed prime minister and Awami League chief Sheikh Hasina over alleged crimes committed during the anti-government protests last year. The trial had taken place in her absence.Local security agencies are on high alert in the country ahead of the verdict."The law enforcement agencies have already completed their necessary preparations" to prevent unplea
