Cash Skimming and Cash Larceny in Business
Cash Skimming and Cash Larceny in Business According to Dr. Donald Cressey’s Fraud Triangle, people commit fraud due to three primary reasons; financial pressure, rationalization, and opportunity. Misappropriation of cash is a form of financial fraud that makes up 47% of all fraud cases and among the various sub-schemes that fall under that category, are […]
The importance of extensive Due Diligence in Land Transactions
The importance of extensive Due Diligence in Land Transactions; Introduction Due diligence is a phrase used in land transactions and entails establishing the identity of the proprietors of the land, the actual size of the land, whether the land is encumbered, whether the property exists, and whether or not the ownership documents are in order. […]
Data Audits in compliance with the Data Protection Act
Data Audits in compliance with the Data Protection Act; Data audits are important in today’s business and ought to be carried out periodically to ensure compliance with the Data Protection Act of Kenya. These audits ensure data is processed fairly, for legitimate purposes, and accurately by the use of an effective and efficient system. Under […]
Teeming and lading – accounting for the miscounted
Legal Compliance – Health and Safety Policies in a workplace
Illegal Phoenix Activities in Company restructuring – an introduction;
Phoenix activity in a Company involves the incorporation of a second company from the remains of a failed company.
Forensic investigations in contrived insolvency;
A Company is considered insolvent if it cannot pay debts as they fall due or in the usual course of business. In Kenya, the Law regulating Insolvent Companies’ affairs is the Insolvency Act, No. 18 of 2015 [hereinafter “the Act”].
Reducing Money Laundering Risk
The constant fight to deter financial crimes by government institutions such as the Central Bank of Kenya (CBK) and Financial Reporting Centre (FRC), as well as international agencies, has been a frustrating one as financial criminals adopt new technologies and modern tactics to commit unlawful acts.
Brand Protection
The intense increase in prices of commodities across the region should be a concern to trademark owners. Counterfeiters might take advantage..
Identity Theft
Identity theft in Kenya has been on the rise as technology is constantly evolving around the globe. There are many forms of identity theft used by fraudsters to steal money from citizens. The most common type is SIM swap.