White-Collar Crime How They Do It: Bribery and Corruption Through Agents and Intermediaries The Green Hyena, 13/11/202312/12/2023 Involvement in bribery and corruption is a risk for every organisation, regardless geography and industry. Although some industries or geographies are more prone to bribery and corruption risk, it is something that happens everywhere. Bribery and corruption cause enormous harm to both societies and economies, undermining the trust that sustains… Continue Reading
Monthly Picks From the Editors: A Guide through Financial Accounting Fraud ‘Must Reads’ The Green Hyena, 12/11/202322/11/2023 Whether you’re enjoying a quiet moment during your lunch break, looking for ways to make your home library look more impressive or simply seeking to expand your financial knowledge. We present you with three compelling books that offer invaluable insights into the world of accounting fraud and malpractices. In the… Continue Reading
Monthly Picks From the Editors: 3 Podcasts You Want to Add to Your ‘To Be Listened-List’ The Green Hyena, 12/11/202322/11/2023 Whether you’re walking your dog, commuting to work, or seeking entertainment while tackling household chores, podcasts offer a perfect blend of engagement and convenience. As almost everyone and their pet has a podcast nowadays, we like to highlight three podcasts you simply can’t afford to miss. “The Cryptoqueen”, “The Lottery… Continue Reading
Effective Compliance Managing Fraud Risks: COSO 101 The Green Hyena, 12/11/202313/11/2023 In the complex landscape of modern business, managing fraud risk is challenging. The COSO framework – a brainchild of the Committee of Sponsoring Organizations of the Treadway Commission – serves as key guidance in this challenging terrain. Rather than a rigid checklist, think of it as a flexible, holistic approach… Continue Reading
Effective Compliance Navigating the Festive Season: A Compliance Officer’s Guide to Gift and Hospitality Risks The Green Hyena, 12/11/202314/11/2023 The holiday season in the corporate world is often marked by a flurry of activities, including the exchange of gifts and extending hospitality. While these gestures are part of the festive spirit, they can also pose significant risks from a compliance perspective. As compliance officers, the challenge lies in ensuring… Continue Reading
Monthly Picks From the Editors: 3 Film Recommendations to Watch this Fall The Green Hyena, 11/11/202322/11/2023 As the air of fall sets in and the calming sound of rain becomes a regular accompaniment, it is the perfect time to look at some documentaries. We recommend two captivating films that promise to transport you to various parts of the world while you are curled up under a… Continue Reading
White-Collar Crime Chronicles of White-Collar Crime: The Poyais Scheme The Green Hyena, 11/11/202322/11/2023 In the series “Chronicles of White-Collar Crime”, we take a deep-dive in an ancient fraud case. We unravel the fraudster, the crime they committed and seek similar cases in recent history. Because in the end, the stories of ancient and current fraudsters are not just about financial fraud; they are… Continue Reading
White-Collar Crime Why the Fraud Triangle is useless in Fraud Prevention and Detection The Green Hyena, 10/11/202308/12/2023 Accounting and audit practitioners, along with fraud investigators and compliance professionals, have been using the Fraud Triangle as a tool for the identification and mitigation of fraud risks. Attributed to Donald Cressey, a sociologist and criminologist, the origins of the Fraud Triangle trace back to his study on the motivations… Continue Reading