Staying ahead of the criminal

Fraud and corporate crime

Robbing people used to be as simple as walking into a wooden cabin and pulling out a pistol and taking what you want. Nowadays, it’s a lot more complicated to rob other people as we have our walls and hundreds of pin codes, we can hardly remember. Unfortunately, though, the robber game has not ended. […]

How you can see into the future and be a fortune saver for your company

If you are using SAP then this article is a must read. What would you do if you could see into the future and know that something bad was going to happen? You could then take action to prevent whatever it is from happening. Some call this fortune telling. We call it fortune saving. What […]

SAP continuous monitoring of data real-time

If you are using SAP then this article is a must read. What would you do if you could see into the future and know that something bad was going to happen? You could then take action to prevent whatever it is from happening. Some call this fortune telling. We call it fortune saving. What […]

Observation is a key skill in auditing

Observation is one of the key skills that can be applied in any professional, occupation or relationship.  Proper observation has been known to save marriages.  There is such a thing called “obnosis”. This simply means to observe the obvious.  So much of what we see is see through the filters of our upbringing, education, religion […]

Reporting and review of Sustainability data – It is your responsibility

It is becoming more and more important for companies to start measuring their sustainability – in particular their environmental data as relates to a company’s carbon footprint.  Carbon tax is on the way and you need to have a robust reporting system to show completeness, accuracy and validity of the reporting behind carbon emissions (CO2e). Sustainability […]

Can you trust your employees

Can you trust your employees?  Do you have controls and monitoring systems in place to detect fraud or any transgressions or non-optimal performance within your company? Are you monitoring revenue and costs? If the answer is “No” to any of these questions then you are haemorrhaging cash.  This is a fact.  Without monitoring systems there […]

The analogy of the car

I like to use the analogy of a car when talking about running a business.  Cars are very near and dear to most of us and can become an extension of who we are.  The same applies for your business, even if it is an organisation you work for, this becomes who you are.  We […]

Control and risk, two sides of the coin

For there to be a control, there has to be a risk. If there is a control without a risk then you have to question the reason for the control.  Some controls are in place because they have always been there and may no longer have a purpose. The purpose of controls is to reduce […]

Season changes and contrasts

How is April treating you? As we in the South head towards winter and autumn starts finally showing itself, our Northern brothers are happily awaiting summer with spring in the air. This is my favourite time of the year in Durban – the time of crystal days. Perfect sunshine and blue skies with wisps of […]