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Within the persist year or two, numerous accounting ripoffs have shaken investors' self-confidence in the excellence of financial data. The big number of times of financial reporting ripoffs and additionally breakdown of licensed auditors to discover the ripoffs are shocking and disheartening. The solution for this menace certainly lies in fraud prevention, which this journey, christened "Scam Prevention Guide" is focused on. It is posted by Waheed Aremu, which has even more than 10-year experience in anti-fraud activities, a lot of that was acquired from statutory audit features along with the banking sub-sector. Aremu has a Bachelor of Technology level in Accounting from the Obafemi Awolowo University, Ile-Ife, Osun State and also Excel at of Company Management from University of Ilorin, Kwara Government. Your man is a Fellow of the Establish of Chartered Accounting firms of Nigeria (ICAN); a strong Associate of the Organization of Certified Scam Examiners (ACFE), USA plus the Chartered Institute of Bankers of Nigeria (CIBN). The artice writer can say fraud is a menace to modern company activities and also financial prosperity. He educates that numerous big businesses have witnessed financial scandals because of the wrong run of top-level officers in the organisations. Aremu strains that scam also has systemic effects on top of worldwide economy, assuring that this journey has got therefore been written available fraud prevention techniques. He can say Nobody is produced to be fraudulent; very people slip progressively into scam frequently unknowingly because of their stupidity of precisely what scam involves.
