By Sandra Fungai Kabaya (August 8, 2023, 11:05 AM EDT) -- Accounting takeover, coupled with money laundering, poses a significant threat to businesses, financial institutions and the integrity of the financial system. Accounting takeover involves unauthorized access to a company’s financial systems or manipulation of accounting records to facilitate illicit activities such as money laundering. This article explores the risks associated with accounting takeover and money laundering and provides preventive measures to safeguard against these criminal activities....