While the world celebrates World Environment Day on 5th June every year, this year (2022) came with a new theme, "Only One Earth", which advocates for transformative environmental change on a global scale. This resulted in a significant shift in the business sector, where an increasing number of companies were...
The Environment, Social, and Governance (ESG) standard has become a hot topic widely discussed by the public, in company board meetings, audit committees, investor forums, and other forums all around the world. The pandemic, which taught important lessons about the importance of sustainable ecosystems, was one of the catalysts that...
Often, fraud is committed by employees, managers, and third parties. However, company owners or executives can also commit fraud. Even though it only ranks third among fraud perpetrators at 20% of fraud cases, the Report to the Nations 2020 shows that executive fraud or fraud committed by executives has caused...
Report to The Nation 2020 notes that the category of asset misappropriation ranks first as the most frequent occupational fraud, with a percentage of 86%. In this category, there are several methods used by fraudsters. The most frequently used methods are billing schemes which count as 20% of these cases,...
A credit check is an objective and thorough examination of the historical credit report of the candidate/employee as part of the screening process. In Indonesia, credit history is only and legally issued by the Financial Services Authority of the Republic of Indonesia (OJK). In addition to criminal checks, drug tests, and...
The culture of sharing drives the internet to become a treasure trove of publicly available information. From how to patch footwear, find food recipes, how to create knick-knacks, order transport, and update the latest news, to locate someone, we are sharing information online - even our personal information - more...
We are often surprised by the fraudsters. Who would have thought colleagues or partners who had been good, trustworthy, not have a criminal record, was able to commit fraud that harms many parties. The question then arises "why did they do that?" For decades, forensic accountants and fraud examiners questioned the...
In the middle of this year, the public was shocked by the circulation of forged health certificates / rapid test results for the corona virus (COVID-19). These letters were traded to the public to trick officers so that they would be allowed to travel. The circulation of forged health certificates...
One of the challenges in the business world is employee turnover. The turnover rate in a company is considered to be high if it reaches more than 10% in a year. The potential costs suffered by the company due to high turnover rate can be seen in both tangible and...
Artificial intelligence, “Big Data”, robots, the Internet of Things, and blockchain have altered the rules of the game, putting intelligence communities throughout the globe at a crossroads. The proliferation of these technologies, the bulk of which are civilian, might result in data breaches and pose a threat to intelligence agencies. Recent...
