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Aysha

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Does forensic accounting need data analytics skills?

Forensic accounting, the investigative arm of accounting, plays a crucial role in uncovering financial irregularities, fraud, and legal disputes. In recent years, the landscape of forensic accounting has evolved significantly, with data analytics skills emerging as a vital component. This article explores the symbiotic relationship between forensic accounting and data…
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Decline in Coal Power Usage Leads to Germany’s Emissions

German greenhouse gas emissions witnessed a remarkable 10% decrease last year, reaching the lowest levels since approximately 1950. According to think tank Agora Energiewende, emissions in 2023 amounted to 673 million tonnes of CO2 equivalents, marking a 10% decline from 2022 and a substantial 46% reduction from 1990 levels. The…
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Enterprise Risk Management (ERM) in Focus – A Key Topic for 2024

Global Disruption Sparks ERM Importance The past three years of unparalleled global disruption have heightened the significance of Enterprise Risk Management (ERM) as organizations recognize the need to proactively address the swiftly evolving risk landscape. Stakeholder Collaboration Crucial North American organizations are actively pursuing closer collaboration with stakeholders to gain…
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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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How to select the right ESG Software for your company?

As companies increasingly recognize the importance of Environmental, Social, and Governance (ESG) considerations, the need for effective ESG software becomes paramount. From reducing carbon footprints to ensuring ethical labor practices, the ESG framework encompasses diverse factors. When evaluating digital solutions for ESG management, it’s crucial to consider a comprehensive set…
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What should an internal auditor learn in 2024?

Internal audit functions play a pivotal role in helping organizations navigate the complexities of the business landscape. As businesses evolve, so too does the field of internal audit. In recent times, several trends have emerged, shaping the future of this crucial function. 1. Data Analytics Dominance One of the most…
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