Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Behavioral and Social Issues Related to Accounting, Cost Accounting, Financial Accounting, Fraud Accounting, Intermediate Accounting, International Accounting, Managerial Accounting, Uncategorized, Video Updates.

Jordan Strauss, managing director in the Forensic Investigations & Intelligence Practice of Kroll, LLC, details the major risks of corruption existing in supply chains today, and offers tips on addressing them.

Questions:

  1. Normally, where are the greatest risks in supply chains?
  2. How have risks changed in the supply chain during the COVID-pandemic?
  3. What percentage of suppliers, customers, agents and distributors cite a lack of visibility over third parties as the leading source of bribery and corruption today?
  4. How do you develop a risk adjusted approach to an organization? 

Source:

Bowman, R. (2021). How a Lack of Supply Chain Visibility Fuels Corruption Risk. Supply Chain Brain.com, November 8 Retrievable online at https://www.supplychainbrain.com/articles/34061-watch-how-a-lack-of-supply-chain-visibility-fuels-corruption-risk).