In 2019, Garuda Indonesia airlines were proven to have manipulated their financial statements. As reported by Okezone.id, the Garuda Indonesia Group posted a net profit of USD 809.85 thousand or [...]
What is a conflict of interest? Merriam-Webster defines the terminology of conflicts of interest as a conflict between the private interests and the official responsibilities of a person in a [...]
Higher education institutions are often seen as hubs of advanced ethical thinking, so the idea that universities can also commit fraud is hard to believe by our community. In fact, fraud can [...]
Report to The Nations 2020 Global Study on Occupational Fraud and Abuse released by ACFE found that organizations lose 5% of their revenue every year due to occupational fraud. If projected [...]
Fraud can occur in any organization, including educational institutions. If you want to find out how bad a fraud scandal might be in an educational institution, then Bad Education can provide the [...]
The Most Dangerous Trade: How Short Sellers Uncover Frauds, Keep the Market Honest, and Make and Lose Billions. This 299-page book tells the dark side of the stock market world where traders [...]
The pressure of achieving business targets under the global crisis may drive employees to falsify financial statements. An executive level employee may make a falsified financial statement to [...]
Extreme disruption in the business world due to the pandemic has left many companies around the world to be even more susceptible to fraud than ever. The slowing down of the global business [...]
The hardest part in handling a fraud tip is to determine whether the tip is worth a further response. Here is where a fraud response plan comes in handy. With a response plan, the company will [...]
It is no secret that employees who blow the whistle on wrongdoings are often subjected to horrendous retaliation. This ranges from ostracism, intimidation, dismissal, to harassment and more. [...]
