The Lack of Internal Controls and the trusted employee
James had recently moved departments. His excellent administration skills and previous sales performance earned him the promotion and was viewed as well-deserved. His manager also believed that the resulting salary adjustment would be…
The F Word – A talk on fraud
A weekly chat about fraud and fraud related matters
Profiling the Fraudster
By Simon Padgett This article was first published in the April 2015 international edition of Accounting and Business magazine. The ACFE in 2020 estimated that a typical organization loses 5 per cent of…
COVID-19 and the Fraud Triangle
By Sachin Maharaj CFE The COVID-19 pandemic has forced lock-downs and restrictions bringing world economies to a standstill. It is widely expected that many businesses will not recover, resulting in many job losses….
Fraud Risk Assessments
By Sachin Maharaj CFE The purpose of a fraud risk assessment is to help an organization identify what makes it most vulnerable to fraud risks. Through a fraud risk assessment, the organization determines…
Three Shifts in how we think about Corporate Crime
Almost 100 years on, and we still have not implemented the basic split of organized crime. If we are to fight this scourge, we need to identify the businessmen, lawyers, accountants and other…
COVID-19 and the Fraud Triangle
By Sachin Maharaj The COVID-19 pandemic has only worsened an already bad economic climate for many countries around the globe. The forced lockdown and restrictions have brought many world economies to a standstill….