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The Portal has newly uploaded some red flags in sales operation. These are warning signs which by themselves may not constitute cases of fraud or corruption but indicate an area where management oversight is required to safeguard against fraud and corruption. Please click here to view the details.
You are also encouraged to browse the website of the Hong Kong Business Ethics Development Centre of the ICAC which has recently launched a dedicated webpage, “It’s just not worth it”, to provide smart tips on ethical practices to the business community. Please click here for details.
Red Flags - Sales Operation (31/5/2017)
Sales is the key business function of most companies, which directly impacts on their profitability. As it involves the exchange of goods/services and substantial sales proceeds, there are inherent risks of bribery and fabrication of transactions for personal gain.The Portal has newly uploaded some red flags in sales operation. These are warning signs which by themselves may not constitute cases of fraud or corruption but indicate an area where management oversight is required to safeguard against fraud and corruption. Please click here to view the details.
You are also encouraged to browse the website of the Hong Kong Business Ethics Development Centre of the ICAC which has recently launched a dedicated webpage, “It’s just not worth it”, to provide smart tips on ethical practices to the business community. Please click here for details.
