Persons Unknown: Asset Recovery against Unknown Fraudsters in a Time of Cyber Fraud
Imagine the following scenario. Your accounts staff had been communicating with a long-standing supplier. One day, the supplier sends an email stating that payment should now be made into a different bank account. Your company carries out some checks and in the end, makes the payment.
Accountants Must Fight Corruption
Accountants are in a powerful position because they can decide what should be included or excluded when it comes to financial matters; bad hats can “cook the books” and manipulate financial statements. While this may be legal in some cases, that does not make it right.