The expansion of the mutual fund industry underscores the importance of robust internal controls and vigilant fraud detection measures. Given the involvement of people’s hard-earned money, it is ...

Chartered Accountant Francis Ohaegbu has emphasised that strong internal controls are essential for businesses seeking to prevent fraud and maintain financial integrity. In a statement issued to The ...

Organizations that approach fraud risk management as an element of operational excellence, rather than a compliance exercise, ...

Fraud rates among UK fintechs are rising, and as they do they are costing these businesses significant amounts of money. According to Alloy’s 2025 State of UK Fraud Report, in 2024, more than two in ...

‘Control fraud’ is a white-collar criminology term describing schemes in which the person who controls a seemingly legitimate firm uses it as a ‘weapon’ to defraud. The CEO is usually the controlling ...

Victor H Garcia, President and CEO of VHG Consulting, based in Orlando, Florida, US, was in Oman recently to provide a tailor-made audit teaching programme for the internal auditors of a large local ...

For as long as accounting has existed, the principle of backup documentation has anchored financial integrity. Every expenditure requires evidence that proves a legitimate purchase occurred. In ...

The University at Buffalo will investigate and report suspected fraud and irregularities and will not tolerate retaliation against reporting employees. The University at Buffalo (UB, university) is ...