By: Nana Yaa Konadu ADADZI, Esq. Fraud remains one of the most significant threats to public and private organizations in the global economy, including Ghana. Whether it manifests through financial ...

Today, we look at the distinctions between fraud risk assessments and compliance risk assessments. Despite initial similarities in risk control and governance, the two are fundamentally different in ...

The Enterprise Fraud Risk Assessment (Practice Note) has been developed by the Government Counter Fraud Profession (GCFP) Centre of Learning, operating out of the Public Sector Fraud Authority. It was ...

CHICAGO--(BUSINESS WIRE)--Grant Thornton LLP, one of America’s largest audit, tax and advisory firms, has introduced fraudrisk.x, a new technology that will allow Grant Thornton’s professionals to ...

Fraud detection is no longer enough to protect today’s financial ecosystem. As digital transactions increase in volume and complexity, banks require intelligent systems that can assess risk with ...

Many leaders of organizations treat internal controls as a tedious task that sits at the bottom of their to-do list, and, because just about no one ever gets to the bottom of their to-do list, often ...

According to the latest Global State of Fraud and Identity Report from LexisNexis Risk Solutions, banks and online retailers can significantly improve their ability to capture hard-to-detect high-risk ...

Manufacturers and distributors face a persistent and evolving threat from fraud. From procurement schemes and inventory theft to falsified financial reporting and cyber-enabled payment fraud, these ...

An amendment to the Economic Crime and Corporate Transparency Bill (the Bill) has brought in the offense of failure to prevent fraud (Offense). Under the new Offense, an organization will be liable ...