Never pay up front for a promised prize or benefit. Remember: If it seems too good to be true, it probably is. Watch for Red Flags Identifying fraudster tactics makes it easier to avoid danger. Someone contacts you out of the blue. ...
London based and globally respected journal Africa Confidential has reported that a massive fraud has taken place at the Ministry of Education, bigger than the Social Cash Transfer theft. It says the total amount embezzled is not yet known but sources in the investigation say it is on a far ...
The above reasons certainly put the case forward that reporting ransomware incidents benefit law enforcement agencies but what of the organization that is affected? When incidents are reported law enforcement is capable of providing valuable remediation advice that could easily prove beneficial to an orga...
Explain why is it easier for someone to perpetrate fraud using a journal entry than with a ledger. How might a fraudster inflate revenue? Guess what the five deadly sins of financial misstatements are. What does the term audit report mean?
This should be someone other than the employee purchasing to ensure the purchase is necessary and is an appropriate business expense. Transaction receipts: Many businesses also collect receipts for every transaction to verify the approved funds used are as intended. Account reconciliation: Another IFCR...
“With so much mutual benefit, it seems inevitable that rent payment reporting will become the norm,” said Johnson. “Moving toward that state, renters should feel empowered to ask property managers for rent payment reporting as part...
After you review and think through how your accounting system is working for you, it's likely you aren't getting everything you need timely and efficiently. That's a sure sign it is time to consult with someone who understands your needs and the software options available. ...
The system assembles this information into a single document (the PIP) which may be delivered online as an html or pdf type document or printed and mailed to a user, for example. Various means of authentication may be provided to prevent someone other than the particular subject of the res...
At the same time, the public benefit of small businesses' compliance with regulations is less than for larger entities; SMEs bear a higher relative cost of regulation for a proportionally smaller social benefit. As shown in Chapter 4, section 4.1, there has been a programme of reduction in ...
In difficult times, we will double down on our purpose of bringing people closer, working for the benefit of our customers, investors, and other stakeholders. GN has endured multiple world crises throughout its 153-year history, reinvented itself many times before, and today is more relevant ...