Insights

Looking back at the last two decades of the world of business, today we see that companies are under more surveillance than they were ever before. International laws and regulations (FCPA, UK Bribery Act, OECD Anti-Bribery Convention, etc.) increase the pressure day by day...

In today’s world it is almost impossible to create all the value add of your business on your own that are required to bring goods or services to your ultimate customers. Just imagine that you are an international company. How would you transport goods from one country to another on your own? ...

Fraudsters play a dirty hide-and-seek in every corner of the world and in every sector. Most of the time, they conceal this dirty play in the company books in very creative ways so as not be caught. A fraudster that steals from the company’s bank might conceal the amount stolen in an unpredictable “asset” item in the company records...

You must have heard the saying “Tell me who you go with, and I’ll tell you who you are.” It is an impressive proverb that means if one’s circle of friends is made of bad people, these bad people will eventually make you do bad things. Looking into the root causes of the “worst things” that can happen to a company...

In an institution, in order for a risk to be included in the agenda of the board of directors, that particular risk naturally needs to be “significant.” In other words, if a risk is highly likely to happen and has a potential to cause a major loss, the respective risk is considered “significant.” Is occupational...

We are witnessing one of the largest corruption cases in the history of Turkey. We see and as a nation pay the price of the unpredictable consequences of an incredible situation caused in many institutions of Turkey by cronyism, nepotism, and favouritism.

Everybody knows about Pink Floyd’s album called Dark Side of the Moon. The album tells about actions that damage the society, people’s dissatisfaction with life and the resulting insanity. The song “Money” in the album dwells on the illusion that wealth that comes with ambition and greed will make you have a better life.