Impact of Fraud Risk Assessment on Good Corporate Governance: Case of Public Listed Companies in Oman

Impact of Fraud Risk Assessment on Good Corporate Governance: Case of Public Listed Companies in Oman

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Background: Fraud risk assessment as a control mechanism is becoming necessary due to continuous and never-ending fraudulent activities.Frauds arise regardless of the existence of codes for corporate governance 3 Piece Outdoor Chat Set and available control activities such as those of internal and external audit units.It is high time for the corporate governance functions such as Audit and Risk Picture Frames Committees and Senior Management to identify the controls, which can assist in achieving good corporate governance and at the same time provide satisfaction to the shareholders.