News
Learn – Integrating Risk Appetite into Business Decision Making: A New Course by Auspicium on Learn Formula
Auspicium is thrilled to announce the launch of our latest course on Learn Formula: "Integrating...
Unlocking the Power of Your Risk Appetite Statement (RAS): The Ultimate Business Strategy
Let’s talk about one of the most underrated tools in strategic decision-making: the Risk Appetite...
Understanding Risk Appetite Statements and Integrating Them into Business Decisions to help your organization!
In today’s volatile and fast-paced business environment, making informed decisions is more...
Contingency Audits – Cost Conversion or License to Fail?
CONTINGENCY AUDIT The Pitfalls of Contingency Audits: Why They're Not a Good Idea In the realm of business, audits serve as crucial tools for assessing financial integrity, regulatory compliance, and operational efficiency. They provide valuable insights into a...
Catphishing – our debut video is live!
Auspicium is pleased to announce that our FIRST video about Catphishin is up and live on youtube.com. The video is part of out Talk About Fraud project: https://www.youtube.com/watch?v=KwarEFAsmIw
Auditing Complex Projects
Auditing Complex Projects: Mitigating Risks and Preventing Sabotage Complex projects In the realm of business, special projects often stand as pillars of innovation, growth, and competitive advantage. These projects, ranging from product launches to mergers and...
Creative Accounting & Construction
Creative Accounting Creative Accounting We use financial accounts for many purposes, to justify a loan, calculate our taxes, demonstrate profitability, or in the case of bankruptcy, our losses! An informed user of accounts should always excercise skepticism when...
What is hawala and how could it affect your operations
The origins of hawala can be traced back centuries, with its roots believed to date back to the medieval Islamic world. The word "hawala" itself comes from the Arabic root meaning "to change" or "to transform," indicating its function as a mechanism for transferring...
What’s Up on Talk About Fraud?
Talk About Fraud Talk About Fraud is a blog we set up to allow open discussions about various fraud schemes, tips, tool and controls. It offers insight into a variety of different topics. This month we looked at: Fraud Tips and Tools: Fraud Investigation and the...
Software as a Service: LabHost, Only it’s for IT fraud!
Unraveling the LabHost Saga: A Dive into Cybercrime Deskillment and Profits Amplification LabHost Very informative article by: https://www.computing.co.uk/news/4198760/met-police-disrupt-labhost-scam-service-website LabHost In the vast and complex world of cybercrime,...
Construction Audit – Why should we be auditing safety?
auditing safety Safety is a leading indicator of cost and excess costs can be occurred if safety is not priortized. Auditing safety should be a main focus. Costs quickly accumulate - increased insurance costs, increased unemployment tax rates, law suits for people who...
What we can learn from the Copenhagen “Notre Dame” Fire
Copenhagen fire Yesterday a Copenhagen fire ripped through the former stock exchange in what Copenhagen is calling "Their Notre Dame". 400 years of Danish cultural heritage gone in the blink of an eye. But. what is causing such damage in histroical landmarks across...