ARTICLES

  • What Your Company Can do to Deter the Costliest Fraud
    on May 19, 2020

    In 2019, Garuda Indonesia airlines were proven to have manipulated their financial statements. As reported by Okezone.id, the Garuda Indonesia Group posted a net profit of USD 809.85 thousand or equivalent to Rp11.33 billion. […]

  • How ISO 37001: ABMS Keeps Conflict of Interest at bay
    on May 19, 2020

    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 position of trust. For example, the […]

  • Does Your Company Need to Provide Financial Incentives for Whistleblowers?
    on May 18, 2020

    On April 1, 2019, White House Security Adviser Tricia Newbold revealed that there were serious violations in the administration of security permits against a number of US President Donald Trump’s staff. As reported by AFP […]

  • Early Fraud Detection in Higher Education Institutions
    on May 14, 2020

    Higher education institutions are often seen as hubs of advanced ethical thinking, so the idea that universities can also commit fraud is hard to believe by our community. In fact, fraud can occur within the scope of educational […]

  • Occupational Fraud Causes Organizations to Lose 5% of their Revenue Every Year
    on May 13, 2020

    Report  to The Nations 2020 Global Study on Occupational Fraud and Abuse released by ACFE found that organizations lose 5% of their revenue every year due to occupational fraud. If projected towards the Gross World Product […]

  • Bad Education, The Ugly Truth of Fraud Scandal in an Educational Institution
    on April 30, 2020

    Fraud can occur in any organization, including educational institutions. If you want to find out how bad a fraud scandal might be in an educational institution, then Bad Education can provide the picture nearest to the reality. […]

  • Book Review: The Most Dangerous Trade
    on April 28, 2020

    The Most Dangerous Trade: How Short Sellers Uncover Frauds, Keep the Market Honest, and Make and Lose Billions. This 299-page book tells the dark side of the stock market world where traders profit from falling stock prices. If a […]

  • The Whistleblowing System in Preventing Financial Statement Fraud
    on April 24, 2020

    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 hide the company’s bad […]

  • Keep Your Company Safe from Bribery Amid the Upheaval
    on April 22, 2020

    While the Covid-19 pandemic has caused economic upheaval, it has also brought concerning issues in compliance, primarily with anti-bribery, for the surviving companies. The unstable situation may drive companies to put profit […]

  • 3 Potential Non-compliant Behaviors Driven by the Pandemic Crisis
    on April 20, 2020

    Extreme disruption in the business world due to the pandemic has left many companies around the world to be even more susceptible to fraud than ever.  The slowing down of the global business wheel has forced many companies […]