ICSAN Admin Risk case studies
ICSAN Admin Risk · Put your knowledge to work in context.
The ICSAN Administrative Risk Examination is a professional assessment focused on how administrative functions identify, assess, control and report risk. It suits office managers, administrative officers, compliance and internal control staff, operations supervisors and early-career risk practitioners who carry responsibility for day-to-day process integrity rather than enterprise-wide risk modelling. The ICSAN Admin Risk case studies are 5 cases and about 4,054 words.
1Risk Oversight at Zennith Allied Industries Plc
Zennith Allied Industries Plc is a Nigerian consumer-goods company listed on the NGX with revenue of ₦18.4 billion and eight subsidiaries. Its board risk and audit committee has not met for eleven months: the chair resigned in March 2024 and was not replaced.
836 words, about 4 min2Vendor Risk at LendFast Microfinance Bank
LendFast Microfinance Bank is a tier-2 Nigerian MFB with 14 branches, 220 staff and a ₦6.8 billion loan book. In 2024 it outsourced customer onboarding and credit scoring to a Lagos fintech, CrediCore, which hosts the application on servers in Ireland and South Africa.
836 words, about 4 min3Procurement Controls at Harbourline Facilities Services
Harbourline Facilities Services Ltd provides cleaning and maintenance to 40 commercial sites in Lagos and Abuja. Its admin and procurement unit has 11 staff and processes about 1,100 vendor invoices a month.
811 words, about 4 min4Data Breach at Crestline Pensions
Crestline Pensions Ltd administers retirement savings accounts for 86,000 contributors. On Friday 6 September 2024 an administrative officer in the benefits unit clicked a link in an email that mimicked a PenCom circular; attackers used the session to download 12,400 contributor files containing names, dates of birth, RSA PINs, bank verification numbers and scanned utility bills.
777 words, about 4 min5Ghost Workers at Greenfield Schools Group
Greenfield Schools Group operates six private schools in Ogun and Oyo States with 940 employees and a monthly payroll of ₦412 million. In August 2024 the outsourced internal auditor ran a data analytics test and found 23 employees with no pension PIN, no tax identification number and bank accounts opened at the same microfinance bank branch within two weeks of one another.
794 words, about 4 min