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William Domanski: The Standard Cannot Interpret Itself

Every serious corporate failure of the past two decades has been examined by people who found the frameworks in good order. The register existed. The audit was passed. The certificate hung in reception. Governance, risk, and compliance was not absent at the moment things went wrong — it was present, and it did not work.

William Domanski has spent his career at the point where the framework meets the floor, and in this conversation he concedes something his profession rarely says out loud: the standards are susceptible to interpretation. Two practitioners read the same requirement, arrive at…

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