Frauds

The benefits of conducting a Fraud Risk Assessment Exercise

by Arnold Shields 12 June 2009

Conducting an exercise to assess fraud risk may seem to be a low priority (and somewhat unexciting) project for a busy manager with pressing and immediate business critical issues to address

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Workplace Culture and Employee Fraud

by Arnold Shields 10 March 2009

When it comes to employee fraud, prevention is definitely better than cure. So why do executives who routinely minimize other risks to their organisation fail to address one of the most commonly occurring threats – employee fraud? Perhaps they believe that they would notice any fraud before it became serious, or that their employees are all trustworthy, or it is the auditor’s job to spot fraud, or that this is an area that is too organizationally difficult to for them to address.

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