By: Nana Yaa Konadu ADADZI, Esq.Fraud remains one of the most significant threats to public and private organizations in the global economy, including Ghana. Whether it manifests through financial ...

The Failure to Prevent Fraud (FTPF) offence will officially come into force as part of the Economic Crime and Corporate Transparency Act in September 2025. In a previous article, we explored the ...

IN BRIEF Fraud remains a serious risk for any entity, and not-for-profit organizations unfortunately make an easy target.

Fraud prevention is a critical issue for nonprofit organizations. Without the right safeguards, fraud can severely damage an organization’s reputation and financial health. Nonprofits, particularly ...

Ramp reports that accounts payable fraud costs organizations about 5% of their annual revenue, emphasizing the need for ...

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 ...

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Internal control is characterized as a systematic approach crafted to offer reasonable confidence concerning the attainment of goals across the following domains: dependability of financial reporting, ...

The accounts payable (AP) department is one of the most vulnerable areas of fraud for any business. As the central hub for a company’s outgoing funds, AP is a common target for bad actors looking to ...

November 12th to 18th marked the 22nd anniversary of International Fraud Awareness Week. Effectively preventing fraud in your organization takes everyone doing their part to establish an open culture ...

Organizations that implement strategic internal controls, such as policies, processes, and monitoring activities, inevitably achieve repeatability. This directly correlates with growth. When ...