Monthly Archives - October 2020

theft and fraud

Book review: Business Theft and Fraud: Detection and Prevention

Written by James Youngblood CPP CFE, this 327-page book comprises of five sections, which are Internal employee theft and fraud (non-retail organization), Understanding fraud / theft in the franchisee / franchisor industry, Understanding fraud / theft in the retail industry, External Fraud / Theft, and Cyber ​​Security and Cyber ​​Fraud. The...

Read more...
finance and banking industries

Finance and Banking Industries are the Most Affected by Fraud

According to Survei Fraud Indonesia 2019, it was revealed that finance and banking industries were most disadvantaged by fraud. Although the report does not mention in detail the types of fraud that occurred, based on information from an experienced investigator, Rachel Vamos, CFE , to Fraud Magazine, in general, the...

Read more...
fraud whistleblower

Fraud Prevention: 3 Ways to Empower Employees as Whistleblowers

Employees are an important company asset. It is imperative for companies to be able to manage employees well, including involving employees in managing fraud risk. Based on the 2019 Indonesian Fraud Survey report, reporting is the most effective method of disclosing fraud and most fraud cases were disclosed by employees...

Read more...
corruption in indonesia

Corruption, the Most Common Fraud in Indonesia

Fraud takes various forms; misuse of assets, bribery, embezzlement, collusion, falsification of financial reports, corruption, and others. It is a latent danger that can threaten an organization's economy, even a country's. The 2019 Indonesian Fraud Survey report published by ACFE Indonesia shows that corruption is the most common fraud in...

Read more...
fraud external auditor

Only 4% of Frauds are Detected by an External Auditor

Organizations have been relying on external auditors to ensure the accuracy of financial statements as well as their compliance with law and regulations. However, many cases of financial statement issues involve fraudulent activities. The external auditors do check the integrity of the financial statements, but they do not necessarily detect...

Read more...
abms anti bribery management system

How ABMS Can Support Your Company to Survive and Grow

To survive and grow in this constantly changing world, organizations are demanded to prove their reliability and trustworthiness. Meanwhile, corruption and bribery remain as major threats for organizations. A report entitled “The World Economy on a Tightrope” compiled by the OECD said that during economic recovery, emerging markets, including Indonesia,...

Read more...
fraud duty work

52% of Fraud Cases Exhibit Red Flags Connected to Their Work Duties

There are many ways to uncover occupational frauds. However, uncovering after the fraudulent acts occur causes huge losses for the company, both financially and morally. According to ACFE Report to the Nations 2020, fraud committed by employees accounts for annual losses of 3.6 billion USD.  Thus, it is more beneficial...

Read more...
credit check

Credit check: Your Employee’s Lifestyles Could Lead to Frauds

In addition to criminal checks, drug tests, and background checks, companies also need to run a credit check. Recognizing earlier red flags is critical in mitigating fraud risk. According to Report to The Nations 2020, 85% of all fraudsters displayed at least one behavioral red flag while committing their crimes. There...

Read more...

HEADQUARTERS

ADDRESS

Jl. RS. Fatmawati Raya No. 57-B, Cilandak Barat, Jakarta 12430, Indonesia

PHONE

EMAIL

ASSOCIATED COMPANIES

MEMBER OF

FOLLOW US ON SOCIAL MEDIA

SUBSCRIBE NEWSLETTER

Get the latest updates and industry insights

    Copyright – INTEGRITY – All Rights Reserved © 2023 – Privacy Policy | Terms of Services | Content Protection by DMCA.com