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Author Archives: kfrost
The Importance of Ethics and Reputation
Given the ongoing economic meltdown, and the distrust that people now have for the global financial system, multinationals and benefits of globalisation, ethics and reputation are now even more important to the survival of companies.
Companies should adopt a code of … Continue reading
Ten Reasons Frauds Occur
In my roles as Head of Internal Audit and International Forensic Co-ordinator, in both Philips and De Beers, I have had many years of experience investigating frauds. Based on this experience I have put together my personal “top ten” list … Continue reading
Posted in Business Services, Internet, Management Consulting, Technology
Tagged Fraud, internal audit, Security
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Ten Types of Fraud
In my roles as Head of Internal Audit and International Forensic Co-ordinator, in both Philips and De Beers, I have had many years of experience investigating frauds. Based on this experience I have put together my personal “top ten” list … Continue reading
Tagged Fraud, internal audit, Management
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The Added Value of Internal Audit
There is a joke which sums up some peoples’ attitudes to internal audit; it goes as follows:
“There is a pint glass, it contains half a pint of milk.
The optimistic manager says that the glass is half full.
The pessimistic manager says … Continue reading
Posted in Business Services, Management Consulting
Tagged internal audit, Risk management
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Attributes of a World Class Internal Audit Department
In my roles as Head of Internal Audit and International Forensic Co-ordinator, in both Philips and De Beers, I have had many years of experience setting up and running audit departments. Based on this experience I have put together my … Continue reading
Posted in Business Services, Management Consulting
Tagged Audit, Risk management, World Class
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