The Role of HRD As Vanguard Against Fraud
Based on PricewaterhouseCoopers’ Global Economic Crime Survey report in 2007, the average total financial loss per company due to fraud was USD 3.2 million. Meanwhile, Global Fraud Survey by [...]
Learning From the Mistakes of Big Companies That Lost Billions of Dollars Due To Fraud
Fraud becomes a classic problem, even a silent killer for a company. Although every company claims that they were free of fraud, but in reality, no company is completely free from fraud threats. [...]
Whistleblowing hotline: An Essential Protection or An Ornament?
Internal controls are sometimes not enough to detect a fraud. A survey conducted by Price Waterhouse Cooper in 2007 found that professional auditors were only able to detect 19% of frauds that [...]
Corporate Corruption and Whistleblowing in Indonesia
Fraud risk is universally faced by all size of organizations. Unfortunately, these threats often come from dishonest people who have been hired by the companies to carry out their businesses. [...]
Whistleblowing System to Prevent Fraud
Fraud, unethical behaviors, or dishonest activities within a company cannot be avoided completely. However, they can be minimized when it provides a formal reporting policy such as a [...]
Fraud Risks: How to Measure Them
Fraud risks are a common type of risk that every company faces. It can bring a devastating impact for both business and public, from draining financial resources to a damaged reputation. When the [...]
Whistleblowing Case: Toshiba’s Fraud Scandal
The history of Toshiba Corporation can be traced from 1875 when it built its first factory in Tokyo to accommodate the government’s needs of modernization. Throughout its long history including [...]
