We Need to Change Our View of Trust
—We need to do it now and we need to do it on a permanent basis—
In the time it takes you to read this article I want to change your view of trust. Why? In the hundreds of investigations that I have done, in many different countries and cultures, I can say without hesitation and unequivocally that misplaced trust, and the basis upon which it is given, is the single most significant reason why more financial fraud does not get detected on a more timely basis. Change your view of trust and you will become much better at performing your control and audit responsibilities. It’s really that simple.