Category: Fraud Risks

Know the difference ………..

Many people have asked me whether internal controls monitoring is sufficient to unearth suspicious transactions, abuse of processes or frauds. Do you really need another fraud investigation exercise? Both exercises have different objectives and perspectives and answers different needs (e.g. do we need to prevent or detect, examine historical or current data, use predictive or…

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Risks caused by frauds

I have wondered many a times what makes this topic interesting at once but dealt with in hush-hush tones when there is an anonymous whistle blown. Why do organizations and those in the higher echelons postpone / neglect or trivialize the need to look at this risk a little closer (even before an incident happens)?…

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