Welcome to the summer issue of our Forensic Focus newsletter!
As we begin 2022, we reflect on the last two years – both of which were challenging for all, devastating for some, and leaving many of us with some trepidation about 2022. That trepidation isn’t unfounded, as the majority of respondents (70%) of our 2021 sub-Saharan Africa fraud survey felt that fraud would increase during 2022.
Another survey finding was the importance of anti-fraud education and awareness. We asked; “What do you think is the most important anti-fraud mitigating initiative in terms of obtaining tangible results?” and the majority (36%) cited employee awareness training.
This newsletter is one of our means of educating people about fraud risks and what they can do to counter these threats.
In this issue we have the following articles for your edification:
When the economy turns down, fraud turns up – the new SNG Grant Thornton anti-fraud gap analysis tool.
• We provide an overview of the 2022 Transparency International Corruption Perception Index.
• The C-suite is changing – a brief look at an interesting new position – the CCO!
• Lastly, we look at 10 ways to strengthen fraud risk assessments