With nearly a 10% reduction in real GDP resulting from the pandemic, Latin American and Caribbean nations should prepare for a related spike in accounting misconduct.

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Similar to the aftermath of the 2009 global financial crisis, the COVID-19 crisis will increase financial statement risks for public companies operating in Brazil.

In this StoneTurn Client Alert, Patrícia Latorre explains how companies can successfully guard themselves from this risk by designing and following proper internal control procedures.

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