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 [...]
Fraud is a global problem that can occur to companies or organizations in any part of the world. In fact, organizations or companies around the world have lost about 5 percent of their annual [...]
Often, fraud is committed by employees, managers, and third parties. However, company owners or executives can also commit fraud. Even though it only ranks third among fraud perpetrators at 20% [...]
2 years ago, in May 2018, for the first time the Corruption Eradication Commission (KPK) established a corporation as a perpetrator of money laundering. KPK named PT Putra Ramadhan or PT Tradha [...]
The fraud risk matters for all companies and organizations, including nonprofit organizations. Data from Report to The Nation 2020 shows that fraud cases recorded as many as 191 cases with [...]
