Ethics & Anti-Fraud Management
Do you know that according to the Association of Certified Fraud Examiner’s 2014 Report to the Nations, employees committed 42% of occupational frauds but only caused a median loss of USD 75,000? Managers ranked in the middle, committing 36% of frauds with a median loss of USD 130,000. Conversely, owners/executives only accounted for 19% of[...]
Procurement Fraud – Are You Ready?
Are you ready to manage procurement fraud in your organisation? According to The PwC Global Economic Crime Survey 2014, 29% of organisations had experienced procurement fraud. Managing procurement fraud is everyone’s business. What are the anti-fraud controls in your organisation to help you do your job?
Internal Control and Fraud Prevention
How does your organisation manage fraud risk? Do you know that according to the Association of Certified Fraud Examiner’s 2014 Report to the Nations, a typical organisation loses 5% of revenues each year to fraud? If applied to the 2013 estimated Gross World Product (GWP), this translates to a potential projected global fraud loss of[...]
Contemporary Challenges for Audit Committees
Against the increasingly complex industry and regulatory environment, there is heightened pressure on Audit Committees to be vigilant in monitoring the governance and oversight of companies. First issued in October 2008, a second edition of the Guidebook for Audit Committees in Singapore was issued in August 2014 to provide a practical guidance for Audit Committees[...]
Ethics & Anti-Fraud Management
Do you know that according to the Association of Certified Fraud Examiner’s 2014 Report to the Nations, employees committed 42% of occupational frauds but only caused a median loss of USD 75,000? Managers ranked in the middle, committing 36% of frauds with a median loss of USD 130,000. Conversely, owners/executives only accounted for 19% of[...]
Enterprise Risk Management: An Introduction
Practitioners of Enterprise Risk Management are quick to describe the many benefits implementing the ERM framework has brought to their organization and the audit process. But many non-practitioners simply don’t know how to get started with or how to make the most of ERM, and that’s what this course is about.