Winning the war against fraud, export slumps, NPAs and corruption

EY's Forensic Outlook 2018 outlines some of the key trends that could accelerate growth in technologically disruptive times

India’s growth has gone through a sea change in the last few years, becoming a powerhouse in the global economy. However, businesses have also struggled through their lion’s share of challenges such as export slumps, non-performing assets, fraud, bribery and corruption risks as well as money laundering. Collectively, these can become insuperable trenches in the prosperity of both companies and nations.

Reforms to clean up banking channels, focus on corporate governance, and dynamic enforcement action have been indicators of India’s endeavour to establish a positive environment. The future of corporate India can have a favourable outlook with companies’ energy and readiness