The paper explores the significant financial, reputational, and operational risks South African SMEs face due to employee theft, fraud, and non-compliance, offering practical steps to mitigate these challenges.
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Unearthing Hidden Risks: Lifestyle Audits in the Workplace
Our latest thought leadership paper, “Unearthing Hidden Risks: The Case for Lifestyle Audits in the Workplace,” has just been published on our website. This comprehensive piece, written for senior executives, explores how lifestyle audits can identify potential fraud, corruption, or misconduct in both the public sector and SMEs. It offers a balanced view of the benefits (early fraud detection, deterrence, trust-building) and the limitations (privacy concerns, proper use) of lifestyle audits, backed by real-world examples.
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Navigating Complexities: How Probity Audits Address Corporate Risks in the Public Sector
This comprehensive paper explores how independent probity audits mitigate risks of fraud, corruption, and procurement irregularities in the public sector.
We delve into real-world examples (from emergency COVID-19 procurements to successful tenders monitored by probity auditors) and highlight frameworks and best practices that ensure transparency and fairness.
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Implementing Probity Audits to Combat Fraud in South African Municipalities
In this piece, we break down what probity audits are (in simple terms) and why they could be a game-changer for clean governance at the local level.
Curious how some city tenders get inflated from R20 million to R70 million? Or why only 15% of municipalities got clean audits last year? We delve into the trends, share real examples of corruption that was uncovered (and even prevented), and explain how probity audits help stop these issues before they start. It’s basically about having an independent watchdog in the procurement process to ensure everything is above board.
If you care about honest local government or work with municipal finances, give it a read. The article also acknowledges how Duja Consulting can assist in this space. It’s more about spreading awareness on practical solutions. Check it out, share your thoughts, and as always, we welcome any discussion on how to build a more transparent public sector.
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Building a Fraud-Resilient Organisation: The Role of Corporate Training in Combating Procurement Fraud”
Today’s paper, “Building a Fraud-Resilient Organisation: The Role of Corporate Training in Combating Procurement Fraud,” explores how corporate training can help companies across industries reduce employee fraud risks, especially in procurement. It’s a comprehensive, insightful read that showcases our expertise and thought leadership on this important issue.
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Things Uncovered by Probity Audits and How Your Organisation Will Benefit
The article explores the hidden insights probity audits can uncover and highlights the significant benefits they bring to organisations, such as enhanced operational efficiency, cost savings, and risk mitigation.
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The Role of Probity Audits in South African Governance
Discover how probity audits enhance corporate governance in South Africa by ensuring compliance, preventing fraud, and improving transparency in business and government.
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Beyond the Payslip: How Lifestyle Audits Detect Corporate Fraud
Today’s Duja Consulting article examines how lifestyle audits serve as a crucial tool in detecting corporate fraud by uncovering financial inconsistencies, unexplained wealth, and unethical financial behaviour that traditional audits may overlook. This ultimately strengthens corporate governance and fraud prevention efforts.
Continue ReadingCorporate Ethics Under the Microscope: The Impact of Probity Audits
Today’s video explores the vital role of probity audits in strengthening corporate ethics, enhancing transparency, mitigating fraud risks, and ensuring accountability in business operations, helping organisations build trust and maintain regulatory compliance.
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Integrating Lifestyle Audits into Organisational Risk Management Strategies
This Duja Consulting article explores how integrating lifestyle audits into organisational risk management strategies can help detect financial misconduct, enhance transparency, and strengthen corporate governance.
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