Understanding the root causes of fraud and learning about the most effective fraud prevention mechanisms are critical in reducing the incidence of financial fraud. Therefore, this study solicits the views of fraud inv...Understanding the root causes of fraud and learning about the most effective fraud prevention mechanisms are critical in reducing the incidence of financial fraud. Therefore, this study solicits the views of fraud investigators on the existence and effectiveness of fraud prevention mechanisms within Government-Linked Companies （GLCs）. Specifically, effective fraud prevention mechanisms （FPM） should be undertaken by five critical groups, namely the board of directors, audit committees, external auditors, internal auditors, and anti-fraud specialists. A total of 147 questionnaires were distributed to fraud investigators of all public listed GLCs in Malaysia. Out of those, a total of 45 usable responses were received, which represents an effective response rate of 30.6%. In terms of existence, the respondents ranked ＂management review of internal controls＂ and ＂external audits of financial statements＂ as the top-most FPMs. This was followed by other mechanisms such as operational audits, internal audits and internal control review/improvements by departments. Out of the 27 fraud prevention mechanisms, fraud investigators perceiyed surprise audits, fraud hotline, fraud prevention program and training, anti-fraud policy, fraud vulnerability reviews, operational audits, whistle-blowing policy, internal audit or fraud examination department, and, imposing penalty and disciplinary action as more effective than the others. Overall, this study provides important insights to practitioners and organizations in identifying fraud prevention mechanisms that are most effective.展开更多
In this paper,we will discuss smoothness of weak solutions for the system of second order differential equations eith non-negative characteristies.First of all,we establish boundary,and interior estimates and then we ...In this paper,we will discuss smoothness of weak solutions for the system of second order differential equations eith non-negative characteristies.First of all,we establish boundary,and interior estimates and then we prove that solutions of regularization problem satisfy Lipschitz condition.展开更多
In this paper, an efficient model of palmprint identification is presented based on subspace density estimation using Gaussian Mixture Model (GMM). While a few training samples are available for each person, we use in...In this paper, an efficient model of palmprint identification is presented based on subspace density estimation using Gaussian Mixture Model (GMM). While a few training samples are available for each person, we use intrapersonal palmprint deformations to train the global GMM instead of modeling GMMs for every class. To reduce the dimension of such variations while preserving density function of sample space, Principle Component Analysis (PCA) is used to find the principle differences and form the Intrapersonal Deformation Subspace (IDS). After training GMM using Expectation Maximization (EM) algorithm in IDS, a maximum likelihood strategy is carried out to identify a person. Experimental results demonstrate the advantage of our method compared with traditional PCA method and single Gaussian strategy.展开更多
文摘Understanding the root causes of fraud and learning about the most effective fraud prevention mechanisms are critical in reducing the incidence of financial fraud. Therefore, this study solicits the views of fraud investigators on the existence and effectiveness of fraud prevention mechanisms within Government-Linked Companies （GLCs）. Specifically, effective fraud prevention mechanisms （FPM） should be undertaken by five critical groups, namely the board of directors, audit committees, external auditors, internal auditors, and anti-fraud specialists. A total of 147 questionnaires were distributed to fraud investigators of all public listed GLCs in Malaysia. Out of those, a total of 45 usable responses were received, which represents an effective response rate of 30.6%. In terms of existence, the respondents ranked ＂management review of internal controls＂ and ＂external audits of financial statements＂ as the top-most FPMs. This was followed by other mechanisms such as operational audits, internal audits and internal control review/improvements by departments. Out of the 27 fraud prevention mechanisms, fraud investigators perceiyed surprise audits, fraud hotline, fraud prevention program and training, anti-fraud policy, fraud vulnerability reviews, operational audits, whistle-blowing policy, internal audit or fraud examination department, and, imposing penalty and disciplinary action as more effective than the others. Overall, this study provides important insights to practitioners and organizations in identifying fraud prevention mechanisms that are most effective.
文摘In this paper,we will discuss smoothness of weak solutions for the system of second order differential equations eith non-negative characteristies.First of all,we establish boundary,and interior estimates and then we prove that solutions of regularization problem satisfy Lipschitz condition.
文摘In this paper, an efficient model of palmprint identification is presented based on subspace density estimation using Gaussian Mixture Model (GMM). While a few training samples are available for each person, we use intrapersonal palmprint deformations to train the global GMM instead of modeling GMMs for every class. To reduce the dimension of such variations while preserving density function of sample space, Principle Component Analysis (PCA) is used to find the principle differences and form the Intrapersonal Deformation Subspace (IDS). After training GMM using Expectation Maximization (EM) algorithm in IDS, a maximum likelihood strategy is carried out to identify a person. Experimental results demonstrate the advantage of our method compared with traditional PCA method and single Gaussian strategy.
