AML 101: 4 TRADE BASED MONEY LAUDERING
Criminals are increasingly using cross-border trade to transform the financial proceeds of their illegal activities into seemingly legitimate revenues, in a process known as trade-based […]
Month: October 2020
AML 101: 3 REAL ESTATE – OLDEST KNOWN WAYS TO LAUNDER ILL-GOTTEN MONEY
The large amounts paid for real estate make it an attractive option for laundering proceeds of crime. For example, by paying a mortgage down with […]
Order to Cash : Step by Step Guide
Order to Cash also known as O2C or OTC, refers to a set of business processes that starts from receiving order from the customer, shipping […]
THREE MISTAKES : BY AN AUDITOR
During Internal Audit there are three very common mistakes that are performed by most Auditors during their initial few years, and it is quite natural […]
Procure to Pay : Step by Step Guide
Procure to pay (P2P) is one of the most desired areas of audit for any organisation considering the complexity involved in procurement process and the […]