Fraud has always been a challenge for financial institutions, especially with the development of the digital world. Digital innovation opens more opportunities for fraudulent acts and brings [...]
Buying an existing business may be more efficient in terms of time and effort than building a business from scratch. However, the purchase process requires a careful assessment. Once the money [...]
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 [...]
Integrity Asia attended the 2017 National Association of Professional Background Screeners (NAPBS) Annual Conference that was held on 17-19 September in Orlando, Florida. This year’s theme was [...]
According to Association of Certified Fraud Examiners (ACFE), a Ponzi scheme is an illegal business practice, in which a new investor’s money is used to make payments to previous investors. [...]
According to the World Health Organization (WHO), counterfeit medicine is a medicine that has been deliberately and deceitfully labeled in order to mislead users over its identity and/or origins. [...]
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. [...]
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 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 [...]
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 [...]
