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 [...]
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 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 [...]
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 [...]
