VAT DESIGN AND ROLLOUT – Series 2
In the last series, I had written about GCC members discussing about the VAT framework for member states which in all likelihood could include: Each member have its own VAT law and common rules on VAT Simultaneously implementation of VAT in all GCC member states...
Converging Organization’s Governance,Risk & Compliances
The common problem which organizations are facing globally, while implementing robust GRC standards, is of Risk Silos. Risk Silos arises when each of the oversight function (individually) gathers information from business divisions to identify potential risks. This...
Operational Risk Management in a Low Oil Price Scenario
Operational Risk is the potential of loss arising due to failures in systems, people and / or operational processes which can result in an impact on People, Assets / Production, Environment or Reputation. Operation Risk Management (ORM) is the means and processes...