Internal audit is no doubt the best tool for internal control. I am sure you already know that the establishment and operation of internal control in an organization is the best way to prevent fraud, deter fraud and discover fraud. FTA stands for Fraud Triangle Analytics. FTA is a revolutionary tool designed and introduced by [...]
Good governance is closely tied to effective and operational leadership. Take away effective and operational leadership and be rest assured that good governance will cease to exist. Good governance is all about attitude. It is called corporate governance when it relates to businesses and simply governance when it ordinarily relate to individual. Corporate governance is [...]
Independent audit is an evaluation of books of accounts and other underlying documents by an independent third party in order to determine the level of compliance in the preparation of the financial statements. The question however is; are auditors really independent? An independent audit cannot be conducted with first of all ensuring the auditors’ independence. [...]
The growing incidence of fraud in businesses and government entities are worrying developments that has thrown all hands on deck. In the forefront of the fight are the auditors and other fraud fighting professionals. Business communities as a whole are all looking up to auditors to help reduce this alarming rate at which fraud and [...]