Cyber crime investigation in Uganda fails due to poor first response procedures which often lead to spoliation of evidence making authentication of electronic evidence a tough call to any forensic examiner. Briefly, prosecution must prove the following three key ingredients in the offense of electronic crime causing financial loss beyond reasonable doubt: There was dishonesty by the accused person That the dishonesty was deliberate with intent to secure unlawful gain That use of a digital device was involved in (i) and or (ii) above. Without clear standard operating procedures, public awareness for effective first responder to preserve the crime scene…
Why Internal Auditors are Underpaid!
Despite a direct reporting line to the Board and or its Audit Committee, the perception of the value of internal audit department remains low. The executive management rarely appreciates the impact of the internal auditor to the business. The failure by IA to add real value to the organisation has reduced the value of the profession from the perspective of management. IA must offer pragmatic and proactive insights to management on strategy and risk management – the key challenges of any business. This is not so. The end result is general poor remuneration of Internal Auditors and lack of good…
Three signs of a bad CEO
Great executives excel at three critical things: (i) effective communication, (ii) rely on the people, trust in systems and procedures and (iii) continuous learning. A bad CEO or leader fails flat on all the three. Here is how to lead well. (i) Communication. By far, President Barack Obama is a great orator and an effective communicator. Before he speaks, he not only understands the audience by knowing “what the audience wants to hear”, he asks: “what is the key message I want this audience to take?” He then identifies three to four key points to illustrate and reinforce the message.…
Speaker Introduction: About our Speaker, Mustapha B Mugisa
I was invited to give a keynote speech at a strategic planning retreat at Sheraton Hotel to a team of 30 executives of a bank and got exposed. I did not have a write up for the MC to introduce me properly. Below is a brief introduction about me. Just share with your team or download a PDF version| About Mustapha Mugisa herePDF version| About Mustapha Mugisa here and share with your team. Use any of the following to introduce me to your team. _____________ Mustapha B Mugisa is one of those rare people who can say is a consultant,…
Don’t let risk management overwhelm you
Ernst & Young gave me one of the best practical professional training. As a new recruit in 2006, the then E&Y induction involved understanding the external audit methodology from A-Z. You had to read the whole of it or risk being exposed during the engagement. After reading the entire E&Y audit methodology (so many policies and procedures on understanding the client, engagement acceptance, billing, applying auditing standards, etc) only to realize that my heart was in consulting. I had been recruited as an audit trainee and enjoyed the role until I got access to the firm’s strategy – it prioritized…