Annette Spencer: Hello and welcome to this year's Institute and Faculty of Actuaries (IFoA) Presidential address. The modelling work has mainly been concerned with pensions and social security reform in developing economies, while the climate risk work has mainly been looking ...
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Furthermore, accounting systems often incorporate internal control measures to prevent and detect fraud, errors, and noncompliance. These measures include segregation of duties, regular audits, and compliance monitoring. By implementing these controls, businesses can identify and address potential risks, en...
Excerpt From: A Prosperous but Vulnerable Nation; an Address to the New Zealand Society of Actuaries in Napier by Adrian Orr, Deputy Governor, Reserve Bank of New Zealand17 November 2004 When we talk about the risks of indebtedness, it is important to remember...Orr, Adrian...