Report to The Nation 2020 notes that the category of asset misappropriation ranks first as the most frequent occupational fraud, with a percentage of 86%. In the category, there are several [...]
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 [...]
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 [...]
While the Covid-19 pandemic has caused economic upheaval, it has also brought concerning issues in compliance, primarily with anti-bribery, for the surviving companies. The unstable situation may [...]
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 [...]
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. [...]
The Covid-19 pandemic has unfortunately opened greater opportunities for counterfeiters to generate fast cash. INTERPOL reported that they have seized more than 34,000 counterfeit and substandard [...]
Procurement fraud or fraud from the procurement of goods and services is a problem for companies both small and large throughout the world. A prime example of a fraud case that was related to the [...]
