Fraud

The only way to overcome fraud challenges

When I was in prison, visiting, an inmate came right after my presentation and said “Mustapha I really appreciate your talk on in-mate reformation.

But how do you advise someone like me serving a jail term for a crime I never committed?” This was my first face to face with a victim of fraud, 10 years ago. Then an Accounts Officer at a local NGO, the victim was serving a jail term for misappropriation of petty cash.

He was a young accountant in his first job. He explained to me that he had been requested by his supervisor, the Finance Manager, to raise petty cash voucher, sign them and release cash from the float.

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The only way to overcome fraud challenges is awareness and integrity. May you think more about your conscience and not self-aggrandizement? There is no price for peace of mind.

CPA Mustapha B Mugisa works at Summit Consulting Ltd as a strategy and risk expert, which include fraud and forensic investigations and cybersecurity services. Visit www.mustaphamugisa.com or email pentest@summitcl.com

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Mustapha Barnabas Mugisa is one of those rare people who provides business consulting and advisory to professionals and corporate entities who demand the very best. He is a prolific speaker and governance (strategy and risk) expert. His speaking involves making key notes at major conferences and business events on both technical subjects and leadership skills. A change agent and motivational speaker. Mustapha provides tools and proven methodologies to remarkable results through making people appreciate change. Visit Mustapha's LinkedIn profile to know more. Mustapha is the architect of #WinningMindset Leadership and #WinningTheGame strategy approach that combines Harvard Business strategy Playing To Win, with the Blue Ocean Strategy and Balanced Score Card to deliver a strategy that is easy to execute and monitor. Visit www.mustaphamugisa.com for special insights to improve your condition. Are you too good to be great?

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