Business Intelligence – Explained Simply™
A short introduction to Business Intelligence, its benefits to an organisation and a layman’s explanation of data cubes used in Business Intelligence solutions.
Occupational Fraud – How Big Is the Problem?
A quick overview of occupational fraud statistics based on interviews with 2,600 organisations that had fraud happen internally. The main points: fraud is impacting everyone,
Balanced Scorecard Explained
This is a short video (2:20 min) explaining the Balanced Scorecard and its main components: Financial, Learning and Development, Customer and Internal Processes. The video
What is the Difference between Inherent Risk and Residual Risk?
Inherent risk is the natural level of risk present in an activity, process or situation before anything is done to address it. Inherent risk (IR)
Introduction to Big Data
The first discussion of Big Data appeared in an article written by Mr Doug Laney, an analyst at Forrester Research at the time, in 2001.
Fighting Pirates (on the High Seas) and Graffiti (in the Cities) with Big Data
Big Data is having a significant and wide-reaching impact on our lives. And, it can be found in quite unexpected places. Nate Silver’s prediction of
Blockchain – a (more) realistic perspective
Right now, blockchain is quickly becoming another bubble, the same as bitcoin. It is a great technology but certainly not a panacea to every technological,
Observations on Digital Technology in South-East Asia
With the increased rate of mobile connectivity, more households have access to a mobile phone than clean water, and digital adoption, over 50% of the world’s
How Privacy Can Cost 4% of the Turnover – GDPR Explained Simply™
On 25 May 2018, an important law — GDPR, came into force with little awareness in the C-Suite and the Boardroom. The General Data Protection
The “Fraud Triangle” Explained Simply™
The fraud triangle is a concept explaining the drivers behind fraud. It consists of the following elements: opportunity, motivation, and rationalisation. Let’s use a simple example
Database Joins Explained Simply™ – An Example for Auditors and Accountants
Database joins are widely used to extract information from tables in a database linked by a relationship. While familiar to database developers, they are less
