Hi EA Community,
In light of the FTX case that rocked the community, I would like to know if how much will the EA community will be willing to invest in better systems of control testing and performance assessments. Periodically doing these methodologies in accordance to Internal Audit Standards will provide the best shielding to as far as major errors or large scale fraudulent activities are concerned.
If the community wants a lasting solution, this is probably the best that you can arrive with at avoiding the same scandal to occur again.
I have expected that what I'm recommending here are already installed in the first place as but apparently yeah, the expertise in error and fraud detection seems to be not in the community's skillset - yet.
This community is probably one of the best groups of people I've come across so far in the field of altruism.. I don't want these movement go down like Enron or Lehman.
Let me know your thoughts..