Fraudsters always show certain behavior in carrying out their actions. Behaviors that are indicative of fraud are also called red flags. Based on the results of a survey conducted by Report to [...]
Often, fraud is committed by employees, managers, and third parties. However, company owners or executives can also commit fraud. Even though it only ranks third among fraud perpetrators at 20% [...]
The fraud risk matters for all companies and organizations, including nonprofit organizations. Data from Report to The Nation 2020 shows that fraud cases recorded as many as 191 cases with [...]
The COVID-19 Pandemic has caused a tremendous impact on businesses through various facets. Travel bans and working from home is a new reality faced by companies around the world. Pressure to [...]
The Covid-19 pandemic increases the threat of fraud more than ever before. Where sales have become one of the business process areas that are exposed to the threat of fraud. How does fraud occur [...]
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 [...]
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 [...]
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 [...]
As the Covid-19 outbreak spreads rapidly throughout the world, companies are flocking to apply their work from home (WFH) policies for their employees. WFH brings a new challenge for businesses [...]
Conflict of interest is intrinsic to human life and is often the root cause when it comes to fraud cases that involve corruption and bribery. According to Transparency International, a conflict [...]
