Internal control framework After an earlier series of corporate frauds, the National Commission on Fraudulent Financial Reporting, also known as the Treadway Commission, was created in 1985 to make recommendations to reduce the incidence of these frauds.
Those great opportunities and advantages of that historic step into monetary union are not qualified by pointing to the reality of today’s situation in Europe and the resulting challenges. As a denationalised currency, the euro will be embedded in a political Europe which is still largely characterised by national structures.