IITA Youth corps occupational fraud awareness

IITA occupational fraud awareness by Rasheed Dauda, Senior Audit Officer, IITA

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  1. International Institute of Tropical Agriculture
    IITA occupational fraud awareness by Rasheed Dauda, Senior Audit Officer, IITA
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    IITA Youth corps occupational fraud awareness
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    • 1. www.iita.orgA member of CGIAR consortium IITA YOUTH CORPS OCCUPATIONAL FRAUD AWARENESS Rasheed Dauda Senior Audit Officer IITA Internal Audit Unit
    • 2. www.iita.orgA member of CGIAR consortium Fraud Triangle Fraud Triangle Opportunity Motivation Rationalisation • Cressey’s Fraud Triangle • Explains the human process for committing fraud
    • 3. www.iita.orgA member of CGIAR consortium Fraud Triangle (cont’d) Motivation – Compulsive behaviours • Gambling, alcohol, drug abuse – Financial debts • Credit cards, loans Rationalisation • Justification for fraud: – “They owe me” or “I earned it” – “I need it more than they do” – “I am only borrowing it” • A form of denial. The person is not accepting reality. • The hardest area (for management) to influence or control. Opportunity • Perception by someone that he can commit a fraud without getting caught. • Mgt controls and influences “opportunity” more than any other factor in the Triangle. • Mgt tools are employment checks, internal controls, internal audits. – Family problems • Divorce, problems with children – Work pressures/greed • High targets
    • 4. www.iita.orgA member of CGIAR consortium International Survey KPMG Survey (2013) • The level of Fraud and Corruption has always been high on the African agenda. • An increasing number of African countries have established Anti-Graft commissions. • The task of these commissions is to prevent, to detect, investigate and prosecute graft related cases YET • In the period 1 July 2012 to 31 December 2012, 348 cases of fraud were reported in the media (previous period: 193) • The value of the reported cases for the period 1 July 2012 to 31 December 2012 is over $5.5 billion (previous period: $2.4 billion) Source: 3rd KPMG Africa Fraud Barometer (2013)
    • 5. www.iita.orgA member of CGIAR consortium Fraud Management Strategies  Tone at the Top (TAT) – Zero tolerance for fraud/attempted fraud.  Transparency in the conduct of the Centre’s activities  Due diligence in the recruitment process  Punishing established wrongdoing  Internal controls/Internal audit  Whistleblowing Policy – Gives opportunity to staff to report (suspected) wrongdoing.
    • 6. www.iita.orgA member of CGIAR consortium Questions
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