Mike MasoudNovember 27, 2023IntroductionCorruption is a complex socioeconomic and political phenomenon against which nations and institutions must fight effectively and efficiently. Without properly combating corruption, countries and organizations will fail to achieve sustainable economic growth, good governance, and strong performance. However, a comprehensive understanding of corruption is a prerequisite for...
Technical staffNovember 7, 2023IntroductionIn today’s ever-evolving business landscape, one thing remains constant: the necessity of upholding ethical values and integrity. Corruption poses a significant threat to any organization, but it can be combated through the establishment of an anti-corruption corporate culture. This blog post will make the case that instilling...
OFFICIAL RELEASETechnical StaffOctober 15, 2023Standards on Fighting Corruption (SFCs)The SFCs are fundamental pillars and guidelines to help stakeholders implement the ten principles of fighting corruption and:1. Promote consistent practice and behavior and facilitate effective responses to identified corruption risks.2. Help management and other stakeholders to assess and evaluate the entity’s...
OFFICIAL RELEASETechnical StaffOctober 15, 2023Standards on Fighting Corruption (SFCs)The SFCs are fundamental pillars and guidelines to help stakeholders implement the ten principles of fighting corruption and:1. Promote consistent practice and behavior and facilitate effective responses to identified corruption risks.2. Help management and other stakeholders to assess and evaluate the entity’s...
Technical StaffOctober 9, 2023IntroductionIn the realm of corruption and misconduct, there’s an age-old saying: “One bad apple can ruin the bunch.” This adage holds not only for fruit but also for organizations and their employees. A few bad actors within an organization can have a devastating impact on its culture...
Technical StaffSeptember 15, 2023IntroductionThis blog post delves into the pivotal subject of internal control, founded on the framework outlined in the Internal Control-Integrated Framework published by COSO. Whether you are a board member, executive management, or a public or private sector leader, understanding the essence of internal control is paramount....
Mike J. MasoudSeptember 13, 2023IntroductionIn the complex landscape of today’s global organizations, the specters of corruption, fraud, and money laundering loom ominously. As leaders occupying executive management, board seats, or senior official positions, the mantle of responsibility falls squarely upon their shoulders. Those charged with governance are the guardians tasked...
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