In order for organisations to prevent fraud, they first need to understand what drives people to committing fraud. Most employees do not accept a job with the intention of committing…
By Mustafa Yusuf-Adebola, CFE, CPA, CIA Earlier this year, the President of the African Development Bank (AfDB), Akinwunmi Adesina was accused of “multiple abuses and breaches of the Bank’s code…
By Michele L. Creek-Tatom, CFE, CIA, Internal Audit Manager, J.R. Simplot Company “That could never happen here! Why would someone ever steal from our company? The internal audit people will…
Rebecca Dunne In organizations, some common types of fraud are unauthorized use of physical and monetary company assets and the misrepresentation of financial statements to make organizations appear more economically…
The Association of Certified Fraud Examiners (ACFE) established International Fraud Awareness Week in 2000 in order to raise awareness about fraud and the devastating effect that it can have on businesses. The…
Tip-offs are one the most common method for detecting fraud and corruption, and employees are by far the greatest source of providing these tip-offs. Part of the reason why whistleblowing…
Implementing a whistleblowing hotline in an organisation is a positive step towards creating a more ethical culture. However, merely having a whistleblowing hotline by itself is not sufficient to guarantee…
by Prof Deon Rossouw | Published on 29 April 2020 for The Ethics Institute monthly newsletter Crisis always has the potential of bringing out the best and the worst in human beings. We…
Blowing the whistle on suspected unlawful and unethical behaviour in the workplace may seem very daunting and overwhelming. Whistleblowers fear possible retaliation or isolation in the workplace. However, employees play…
The King IV Code on Corporate Governance identifies four good governance outcomes, one of which is an Ethical culture. Principle 2 in particular states that: The governing body should govern…