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 [...]
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 [...]
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 [...]
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 [...]
Has your company implemented strong internal control measures? If not, then you should be worried as your company is likely to be exposed to fraud risks that can reduce your investor’s trust. [...]
Recent research from the tax and audit consulting firm, Crowe UK together with the Center for Counter Fraud Studies (CCFS) of the University of Portsmouth revealed in the 2018 Financial Cost of [...]
The COVID-19 pandemic has created new conditions and consequences in everyone’s daily lives, including businesses. The application of the Work From Home (WFH) policy has caused almost all [...]
Fraud can occur in companies from any field, both from profit and non-profit companies. According to Report to The Nation 2020, there are 23 industries that experience fraud cases, with the [...]
After conducting fraud, the fraudsters would usually do everything they can to avoid suspicion. There are 4 top ways to cover up fraud, as reported by Report to The Nation 2020. All of these [...]
Fraudsters always show certain behavior in carrying out their actions. Behaviors that are indicative of fraud are also called red flags. Based on the results of a survey conducted by Report to [...]
