Cyber Safety for Children
Cyber Safety for Children Technology is good for our children as it educates and inspires their creativity; it also continues to evolve with the new AI-enabled games and toys. A greater number of children are using technology at an early age and are therefore capable of understanding the gaming tools and toys available to them. […]
The Different forms of payroll fraud and how they can be prevented
In the Occupational Fraud 2022: A Report to the Nations recently published by the Association of Certified Fraud Examiners [ACFE], ACFE highlighted that payroll fraud is among the most common frauds that occur in small businesses. Over the years, the corporate sector has seen an increase in payroll fraud perpetrated by employees altering the payroll […]
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.