1.0Head of Finance Operations | Liquidity and debt management| Kelly Kingslyhttps://kellykingsly.comkelly-kingsly@vdmnhttps://kellykingsly.com/author/kelly-kingslyvdmn/Corporate Fraud Risk Management -by Pr. Kelly M. Kingsly 2018 - Head of Finance Operations | Liquidity and debt management| Kelly Kingslyrich600338<blockquote class="wp-embedded-content" data-secret="XDt2XwUFfV"><a href="https://kellykingsly.com/product/peter-and-the-wolf/">Corporate Fraud Risk Management -by Pr. Kelly M. Kingsly 2018</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://kellykingsly.com/product/peter-and-the-wolf/embed/#?secret=XDt2XwUFfV" width="600" height="338" title="“Corporate Fraud Risk Management -by Pr. Kelly M. Kingsly 2018” — Head of Finance Operations | Liquidity and debt management| Kelly Kingsly" data-secret="XDt2XwUFfV" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script>
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https://kellykingsly.com/wp-content/uploads/2021/10/WhatsApp-Image-2022-07-06-at-5.57.28-PM.jpeg9151080The race for growth accounts for the many shortcuts that corporate workers and organizations engage in fraudulent practices. In a time such as this where technology is growing at more than a proportionate rate to the internal control mechanisms in place, it is important to understand the challenge closely. Segregation of duties enforces internal control and mitigates risk but to what extent. We must be educated on the concept to avert risk consciously or unconsciously. Uncontained risk is gaining awareness by the day. Increased risk management has attracted much mainstream attention in the wake of economic meltdown. Fortunately or unfortunately, many managers do not fully comprehend the ravaging effect of fraud can cause to their companies. Alarming as concern is the fact that most often, fraud is always noticed after the act has been perpetrated.