Monthly Archives

July 2020

costliest fraud

What Your Company Can do to Deter the Costliest Fraud

By Articles No Comments

In 2019, Garuda Indonesia airlines were proven to have manipulated their financial statements. As reported by Okezone.id, the Garuda Indonesia Group posted a net profit of USD 809.85 thousand or equivalent to Rp11.33 billion. This figure jumped sharply compared to 2017 when they suffered a loss of USD 216.5 million. However, their financial statements caused a polemic until they were…

Read More
whistleblowing protection

Does Your Company Need to Provide Financial Incentives for Whistleblowers?

By Articles No Comments

On April 1, 2019, White House Security Adviser Tricia Newbold revealed that there were serious violations in the administration of security permits against a number of US President Donald Trump’s staff. As reported by AFP and Sky News, the refusal of granting permission to access confidential documents is related to conflicts of interest, personal background, to involvement with other countries….

Read More