How each study creates a deviation from the codes of conduct.
b. What industry and department the fraud in each case was undertaken?
c. Who in the organisations were or could've been involved?
d. What legal recourse according to the South Africa Judiciary will be applicable in each case.
e. What impact would each case of fraud have on an organisation.
f. What does the codes of conduct say in terms of the fraudulent acts in the case studies? Where did the acts deviate from the codes?
g. What information management tools could've been used more effectively to avoid the fraudulent acts taking place in each case study.
a. The first case study involved an employee using company funds for personal expenses, which goes against the code of conduct regarding the proper use of company resources. The second case study involves an employee accepting bribes in exchange for business contracts, which violates the code of conduct related to honesty and integrity in business dealings.
b. The fraud in the first case study was undertaken in the finance department of a manufacturing industry. The fraud in the second case study was undertaken in the sales department of a construction industry.
c. In the first case study, the finance department employee was directly involved in the fraud. In the second case study, the sales department employee was involved, as well as potentially other employees who may have been aware of or benefitted from the bribery scheme.
d. According to the South Africa Judiciary, the finance department employee in the first case study could potentially face charges for embezzlement or fraud. The employee in the second case study could face charges for bribery and corruption.
e. The first case of fraud could have a significant financial impact on the organisation, potentially leading to loss of trust from stakeholders and legal repercussions. The second case of fraud could damage the organisation's reputation and lead to loss of business opportunities.
f. The codes of conduct likely have specific policies against misusing company funds and accepting bribes, both of which were violated in the case studies. The fraudulent acts deviated from the codes of conduct by directly going against these policies.
g. Effective information management tools that could have potentially prevented the fraud in the first case study include regular audits of financial transactions and expense reports. In the second case study, tools such as whistleblower hotlines or comprehensive due diligence processes could have been used to identify and prevent bribery schemes.