THE ANNUAL FORENSIC AUDIT CONFERENCE
11TH – 13TH OCTOBER 2017
PRIDE INN PARADISE BEACH HOTEL (SHANZU) MOMBASA
Theme: Combating Fraud in Contemporary Times
World over, spectacular losses, corporate collapses and major scandals have become regular business news items. This state of affairs has focused the minds of company directors, owners, and regulators on below the mark corporate governance practices, failure of risk management strategies, and the widespread existence of unethical business behavior. Partly and majorly technological advancements, change of workplace values and inadequate know-how on the part of audit, accounts and risk managers are some of the major contributors to this. Generally, there is acceptance that unethical business behavior directly or indirectly accounts for major losses (often estimated to be between 2 and 5% turnover) and severely damages the reputation and morale of companies.