Fraud Deterrence for Small and Medium Enterprises (SMEs)
Employees and their accomplices committed 90% of bank frauds in 2017. Fraud or attempted fraud amounted to GHC 190.38M and actual losses through fraud was GHC30.8 in 2017[i]. Global occupational fraud cost organizations more that USD 7 billion in 2018 in cases reported to ACFE,…
General
Common fallacies about external audits
Anxiety. Fear. Stress. These are common feelings people have when it’s time for an external audit. And I can understand those feelings. An audit puts people’s work under scrutiny, and some have had poor experiences with auditors in the past. Yes, some auditors are tough…
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