Coronavirus pandemic continues to top global news. As of today, total confirmed cases globally stand at 13.3million, out of which 577,954 have died. Uganda is still fortunate with a zero-case mortality rate. To know how lucky Uganda is, study carefully the Table 1, Table 2, and Graph 1. The COVID-19 case death rate in the USA was at 0.039% as of 27th June 2020. The death rate increased to 0.042% as of 15th July 2020. This means as a cumulative number of cases increases, the higher the case mortality. This is not a good trend. The trend more than…
Monthly fraud risk & integrity assurance as a service
As the reality of the economic impact of coronavirus sinks in, you need to explore cost-cutting alternatives. As part of the #coronavirus recovery strategy, leaders of businesses have been conducting a business assessment to identify possible revenue leakages in terms of process redundancy and inefficiency, time, and resource wastages in unnecessary procedures and control weaknesses leading to theft and or fraud losses. One of the silent areas that lead to revenue leakage is unproductive staff on the payroll. We call them the ‘corporate fat.’ This is where the payroll is bloated by staff who do not put in their best…
