Effective Internal Controls for Fraud Prevention

Research reveals that a typical company loses a significant amount of its revenue to fraud every year. Alarming it is but the majority of the organizations still deny that they might be vulnerable to fraud. Association of Certified Fraud Examiners (ACFE) suggests that many of the fraud cases are never detected because fraud inherently involves efforts of concealment. This calls for the implementation of strong anti-fraud controls to reduce the opportunities for committing fraud. Also, the attitude of the company towards internal controls, fraud, and ethical culture is an important requisite for fraud prevention. Continue reading “Effective Internal Controls for Fraud Prevention”

Strategies To Prevent Sexual Harassment In Your Workplace

Sexual harassment is an umbrella term encompassing a number of unwanted behaviors that include physical as well as non-physical harassment. Sexual harassment at workplace is a serious issue and, no matter how large or small the incidents are and who is involved, managers or employers must take quick and appropriate actions. Sexual harassment can be perpetrated by anyone in the workplace like a co-worker, manager or a client. The perpetrator and the recipient could be anyone, irrespective of the gender. Physical harassment includes touches, hugs and coerced sex acts whereas non-physical harassment includes suggestive gestures and remarks, and requests for sexual fervors. In fact any conduct of sexual nature that makes an employee uncomfortable can be termed as sexual harassment. Continue reading “Strategies To Prevent Sexual Harassment In Your Workplace”