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Month: January 2024

Third-Party Risk and Aviation Safety

  In the complex landscape of aviation, incidents like the recent grounding of Alaska Airlines’ Boeing 737 Max 9 planes shed light on the importance of managing third-party risks. Here’s a breakdown of the events and the broader implications for aviation safety: Incident Overview Alaska Airlines Takes Precautionary Measures Alaska…
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Can Low-Code applications build an efficient audit management?

In the ever-evolving landscape of audit management, organizations are increasingly turning to innovative solutions to streamline processes and enhance efficiency. One such transformative technology is low-code application development. Low-code platforms empower users to create and customize applications with minimal hand-coding, making them an ideal solution for addressing the complexities of…
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Do the big four need GRC reform?

In the wake of recent scandals and strategic missteps, the Big Four accounting and consulting firms—Deloitte, EY, KPMG, and PwC—are finding themselves at a crossroads, prompting a critical examination of their Governance, Risk Management, and Compliance (GRC) practices. The question arises: Do the Big Four need GRC reform? Scandals Prompt…
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Is GRC a necessity for enterprises?

In the ever-evolving world of business, enterprises face a multitude of challenges, from complex regulatory environments to dynamic risks and the imperative for ethical governance. To navigate these complexities and ensure sustained success, the adoption of Governance, Risk Management, and Compliance (GRC) practices has become not just advisable but a…
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Can you name a few ESG softwares?

The landscape of ESG (Environmental, Social, Governance) software is dynamic, but I can provide you with a general overview of software categories based on their features: I. Basic ESG Software    – Sustainability Reporting Tools: Offer basic data collection and reporting capabilities for key ESG metrics.    – Carbon Footprint…
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