Can someone clarify on following issues:
1. There is no mention of ‘Management Representative’ in the draft standard. Why?
2. CAPA: I don’t see the clause on Preventive Action. 45 more words
Fraud triangle refers to the three factors that are usually the precursor of fraudulent activities – financial need, opportunity and rationalization. The factors themselves are pretty straightforward when looking at fraudulent events after the fact, but are difficult to connect when the same events are still concealed and ongoing. 25 more words