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Who should chair your disciplinary enquiries

Decisions taken at disciplinary enquiries are often overturned at the CCMA. Not because it was unfair, but mostly because of technical aspects. The issue with technical aspects arises from the chairperson not being skilled enough in chairing disciplinary enquiries....

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Disciplinary Action

It is impossible to keep news of possible disciplinary actions a secret. Prior to taking disciplinary action there will always be verbal warnings, remedial actions, written warnings and so forth. Other employees will notice this and will also note the response of the...

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Disciplinary action and the Labour Relations Act

When an employee is for example suspected of poor performance, it isn’t enough to have an informal discussion with him about the problem, and then dismiss him the next week if performance has not improved substantially as the Labour Relations Act sets down specific...

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Disciplinary actions/enquiries

Every employer, no matter how small or big his business, is faced with the reality of taking disciplinary actions against one or more of his employees.   Every employer, does not matter how small or big, was faced with the reality of not being successful in taking...

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Internal Auditing

Whilst many accountants become internal auditors, the opposite is however not true. A common mistake often made is to assume auditing of the quality management systems is the same as internal auditing of corporate and public sector entities. Internal auditing a...

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Fraud and misconduct – what is the difference

Often “fraud” and “misconduct” is mentioned in the same sentence. Before we get to the key objectives of an effective anti-fraud strategy let us look at the most common definitions of each. Definition of fraud: Fraud is often defined as a misrepresentation properly...

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Some global fraud statistics

SOME GLOBAL FRAUD STATISTICS Only 38% of fraudsters are working alone, the other 62% work in groups Weak controls or control failures are a factor in 61% of frauds 69% of fraudsters are in the 36-55 age group 44% of fraudsters have unlimited authority Well respected...

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Use the fraud triangle to combat fraud

We know that if we take away one or more legs from the fraud triangle, we limit the possibility of fraud taken place. We cannot do much about the motivation or the rationalisation to commit fraud. But we can act to limit the opportunity for fraud. Research has shown...

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The Fraud Triangle – The Third Corner – Opportunity

In terms of opportunity, fraud is more likely in companies where there is a weak internal control system, poor security over company property, little fear of exposure and likelihood of detection, or unclear policies about acceptable behaviour. Research has shown that...

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The Fraud Triangle – Second Corner – Rationalisation

  Many people obey the law because they believe in it and/or they are afraid of being shamed or rejected by people they care about if they are caught. However, some people may be able to rationalise fraudulent actions as: necessary – especially when done for the...

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The Fraud Triangle – First Corner – Motivation

The model is built on the assumption that fraud is likely to result from a combination of three factors. It assumes that it is unlikely that fraud would occur should one of the three not be present. In the first corner we have Motivation In simple terms, motivation is...

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SA economy falls into recession

SA economy falls into recession in 2017Q1 Economic activity declines q-o-q despite recovery in agriculture and mining Statistics South Africa (StatsSA) reported on June 6th that the South African economy contracted by 0.7% q-o-q during the first quarter of 2017....

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