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Showing posts from January, 2021

Mind Map of Forensic Accounting and Fraud Examination (FAFE)

Imagine that you work in the accounts and finance department for your company and one of your directors is using company money for his personal expenses which claim as business expenses. Now answer these questions: What would you do? Should you report it to anyone? Who could you trust? Is this fraud? If you don't report it, are you complicit in fraud? Everyday, many businesses are victimised by fraud around the world.  Frauds can be categorised by a number of different methods, but they are usually referred to as either internal or external frauds. It also can take many shapes and can impact an organisation in many ways – not just financially. We should know how and where a company may be vulnerable and take the proper steps and controls to protect against vulnerabilities.  Forensic accounting and fraud examination (FAFE) provide tools and techniques for preventing, deterring, detecting, investigating and remediating bad acts grounded in financial gain. It determines the  who, what

Welcome to The Words of Linda

Hi, everyone. Welcome to "The Words of Linda". I am Linda here, owner of this blog. I'm delighted to share with you about what's coming up in this blog. The whole idea of the blog is going to be a platform for me to record and keep the knowledge and skills that I think that is useful in my life and in workplace.  In this century, it's not about "what you know" that matters, it's how you use "what you know". Hence, instead of keeping it to myself, I would like to share with you the knowledge and skills here. Everyone of us has our own unique set of skills, knowledge and experience. And we know that, knowledge sharing helps deepen our knowledge and ingrains what we know. Therefore, I will be really thankful if you could share with me your thoughts after your reading. So, let's wrap up this intro with quotes below: "Gaining knowledge is the first step to wisdom. Sharing it is the first step to humanity." "Knowledge increases