tag:blogger.com,1999:blog-7164866633608772354.comments2023-06-15T08:17:26.229-05:00Sleight of HandUnknownnoreply@blogger.comBlogger28125tag:blogger.com,1999:blog-7164866633608772354.post-88826163908415604782020-06-16T10:05:32.251-05:002020-06-16T10:05:32.251-05:00This comment has been removed by the author.Greg Prosmushkinhttps://www.blogger.com/profile/06469085569109130005noreply@blogger.comtag:blogger.com,1999:blog-7164866633608772354.post-72654493576214410062012-09-15T02:48:32.419-05:002012-09-15T02:48:32.419-05:00This comment has been removed by the author.Anonymoushttps://www.blogger.com/profile/03001492421663232694noreply@blogger.comtag:blogger.com,1999:blog-7164866633608772354.post-29307217342491979192012-07-07T04:16:07.946-05:002012-07-07T04:16:07.946-05:00The original advice you received, to send the CA a...The original advice you received, to send the CA a letter stating that the debt was settled in full and provide a copy of the original letter demonstrating this fact, is sound imho. You might also want to pull a copy of your credit report to make sure they aren't reporting a debt they shouldn't even be collecting.<br /><a href="http://www.fundscare.in" rel="nofollow">collection agencies</a>Fundscarehttps://www.blogger.com/profile/03297997307276842714noreply@blogger.comtag:blogger.com,1999:blog-7164866633608772354.post-37614327825810754362011-02-23T05:45:07.888-06:002011-02-23T05:45:07.888-06:00Hi Nandine,
How are you? I have a question for yo...Hi Nandine,<br /><br />How are you? I have a question for you since you are so well aware of white collor crime. I would really appreciate your opinion on the same.<br /><br /><br />Here is the problem:<br /><br />X group of problem employees use a blogger A to stalk Y. Blogger A has been given a story that some organization wishes to do it, and senior managers have approved it. Now blogger A does not have any reason to doubt the statement since the blogger is interacting with some senior people.<br />However, the blogger is being misused unknown to him/her. The X group of employees are problem employees and they have ganged up against Y. They are using the company resources, and are lying to the CXOs about what they are doing. They basically are misleading the person whose name is being used and the blogger. They are also threatening Y to disclose confidential details of fraud investigations since they will be able to blackmail the CXOs<br /><br />My advise to the blogger would be to contact the real seniors and find out the true story before committing something unethical and unlawful. Specially is very senior CXOs name is being misused.<br /><br />According to you what should the involved people do?<br /><br />Kind regards,<br /><br />SoniaAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7164866633608772354.post-60657578967045044792011-02-08T20:33:30.211-06:002011-02-08T20:33:30.211-06:00This shows that where legal contracts are not avai...This shows that where legal contracts are not available, one should be vary of being misled into doing stupid stuff by people who say they have power and position. Actions generally speak louder than words.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7164866633608772354.post-25205532700393635332011-02-08T01:35:29.469-06:002011-02-08T01:35:29.469-06:00I think most of the trouble arises because people ...I think most of the trouble arises because people have a tough time making up their mind as to what to do next. Without taking a stance and continously fishing for information doesn't help anyone's cause and puts most people at risk.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7164866633608772354.post-87375469969030413382011-02-06T19:35:18.088-06:002011-02-06T19:35:18.088-06:00Yes, that is right. Auditors confirm financial sta...Yes, that is right. Auditors confirm financial statements to be reliable to all material respects. So the assurance is not absolute 100%.Farid Kerimovhttps://www.blogger.com/profile/07030642845035127465noreply@blogger.comtag:blogger.com,1999:blog-7164866633608772354.post-25944545505419980382011-02-02T19:27:11.458-06:002011-02-02T19:27:11.458-06:00Hi Sonia,
I apologize about the link.. it should ...Hi Sonia,<br /><br />I apologize about the link.. it should be working now. <br /><br />In theory, the idea of matching executive compensation with market price seems like it would work to everyone's benefit. It would look like the executives are working for the benefit of themselves as well as their shareholders. But it is apparent that this theory has backfired as most executives want constant increases in their stock price when the reality is not so. <br /><br />In any event, take a look at the paper... I think you will find it interesting. <br /><br />NadineNadinehttps://www.blogger.com/profile/08113413799872385795noreply@blogger.comtag:blogger.com,1999:blog-7164866633608772354.post-69752978201828565112011-02-02T18:50:37.145-06:002011-02-02T18:50:37.145-06:00Nadine,
There is something wrong with the link, c...Nadine,<br /><br />There is something wrong with the link, can't download the paper. Sounds interesting though.<br /><br />The CEB report states that employees do not give bad news or negative feedback to bosses if they fear job loss. In such a case in most cases CFO reports to CEOs. Will the same apply to them also, CFOs are scared of CEOs also, especially if there is an aggressive or devaint behavior. I think it is a multitude of factors, though cant say that half the things which CEOs do can be done without the help of a CFO. Will analyse more after reading the paper.<br /><br />SoniaAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7164866633608772354.post-36323650708278911072011-01-01T00:44:31.476-06:002011-01-01T00:44:31.476-06:00Thank you Sonia. Best wishes to you and your famil...Thank you Sonia. Best wishes to you and your family as well. <br /><br />NadineNadinehttps://www.blogger.com/profile/08113413799872385795noreply@blogger.comtag:blogger.com,1999:blog-7164866633608772354.post-24673620633680385752010-12-31T20:18:03.961-06:002010-12-31T20:18:03.961-06:00Nadine,
Wishing you and your family a happy new ...Nadine,<br /> <br />Wishing you and your family a happy new year and a properous new decade.<br /><br />Best wishes,<br /><br />SoniaAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7164866633608772354.post-87475507170827577732010-12-01T09:16:06.703-06:002010-12-01T09:16:06.703-06:00Foreign bribery...this is making me laugh. I have ...Foreign bribery...this is making me laugh. I have seen a number of multinationals who come to India, and start bribing everybody and start taking kickbacks bigtime. In India corruption is high, the multinationals have a fantastic complaince program documented but not adhred to.<br /><br />I have yet to see anyone of them taken to court in India or abroad.<br /><br />SoniaAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7164866633608772354.post-81360275024561454322010-12-01T09:05:18.570-06:002010-12-01T09:05:18.570-06:00Nadine,
This analysis is interesting but true. Th...Nadine,<br /><br />This analysis is interesting but true. The fraud figures are inceasing daily, but nothing much is being done.<br /><br />The problem also is that now international fraud is being conducted, which makes it very difficult to prosecute anyone. For example, let us say a UK payment process is outsourced in India. A fraud is conducted with the help of UK and India staff, but funds are transferred to US bank account.<br /><br />Now I know Interpol is slow, and Indian police officers are challenged when investigating financial crime (if they haven't been bribed before). In such a case, the police case has to be filed with UK, India and US police authorities. What is really the possibility of prosecution?<br /><br />That is the reality of the situation.<br /><br />SoniaAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7164866633608772354.post-65430066259618741162010-11-28T22:09:00.944-06:002010-11-28T22:09:00.944-06:00I like that quote: "One of the things Wall St...I like that quote: "One of the things Wall Street does is while we're all looking over here, they're already onto the next thing."....goes hand in hand with the saying in law enforcement in regards to technology, schemes, etc. which is that the criminals are always 10 steps ahead of us. <br /><br />But I think society has already drawn the parallels between both.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7164866633608772354.post-47391568338599561032010-11-22T18:48:51.111-06:002010-11-22T18:48:51.111-06:00Nadine,
An excellent interview done, it covers al...Nadine,<br /><br />An excellent interview done, it covers all angles. <br /><br />Good point broought forward regarding increase in fraud by top management to 89% as per COSO. This clearly shows that report findings are read and put under the carpet rather than organizations attempting to resolve these issues.<br /><br />SoniaAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7164866633608772354.post-74678644332848978012010-11-21T04:39:44.584-06:002010-11-21T04:39:44.584-06:00Thanks for referring in your blog.
JayaramanThanks for referring in your blog.<br /><br />JayaramanJayaraman Rajah Iyerhttps://www.blogger.com/profile/10086711152986101507noreply@blogger.comtag:blogger.com,1999:blog-7164866633608772354.post-47371255658915096672010-11-10T21:44:36.674-06:002010-11-10T21:44:36.674-06:00Oh wow, I didn't know that. In India accountin...Oh wow, I didn't know that. In India accounting was started somewhere around 5000 bc.<br /><br />SoniaAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7164866633608772354.post-47925540404787341102010-11-09T14:03:53.114-06:002010-11-09T14:03:53.114-06:00Thx for the infographic. There appears to be a bit...Thx for the infographic. There appears to be a bit of dyslexia going on, however. Intro copy says the corruption values are 10 (very clean) to 0 (highly corrupt). But the legend reverses the values. I assume the latter is true…rebrivvedhttps://www.blogger.com/profile/04504757685273774659noreply@blogger.comtag:blogger.com,1999:blog-7164866633608772354.post-44443764791996772902010-11-09T09:12:22.085-06:002010-11-09T09:12:22.085-06:00Best of luck, have a good time. Am waiting to read...Best of luck, have a good time. Am waiting to read the interview.<br /><br />SoniaAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7164866633608772354.post-26848102177376300422010-11-05T23:39:10.872-05:002010-11-05T23:39:10.872-05:00Excellent documentary. Everybody is hand in glove ...Excellent documentary. Everybody is hand in glove to make money, and morals are sacrificied to earn money. The right laws and guidelines are stopped from being implemented since it will harm the gameplayers. Hence, the investors interests are compromised and a bigger debacle takes place. No one in the government, accounting bodies, investment banks and auditing firms want to do the right things, because somewhere their own self interest will be need to be compromised. This reckless pursuit with responsibility is causing the maximum harm to society.<br /><br />SoniaAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7164866633608772354.post-45328714249174970332010-10-18T17:06:36.326-05:002010-10-18T17:06:36.326-05:00It's been questioned whether SOX has made any ...It's been questioned whether SOX has made any substantial changes in helping deter fraud but I'm not so sure. I believe the changes need to occur within the companies themselves. With companies solely focusing on profits, stories like the one from this accountant are bound to continue.Nadinehttps://www.blogger.com/profile/08113413799872385795noreply@blogger.comtag:blogger.com,1999:blog-7164866633608772354.post-26705398371088892462010-10-17T18:16:31.777-05:002010-10-17T18:16:31.777-05:00Sad but scary. However, what does that say about S...Sad but scary. However, what does that say about Sarbanes Oxley, assuming this former CFO's experiences were post SOX?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7164866633608772354.post-20408674228795967182010-10-17T09:46:33.759-05:002010-10-17T09:46:33.759-05:00Thanks Sonia. I actually just took one of the exam...Thanks Sonia. I actually just took one of the exams on Friday and will be taking the remaining 3 throughout October and November. Keeping my fingers crossed!Nadinehttps://www.blogger.com/profile/08113413799872385795noreply@blogger.comtag:blogger.com,1999:blog-7164866633608772354.post-29231259126268089512010-10-17T01:56:57.174-05:002010-10-17T01:56:57.174-05:00Hi Nandine,
Best of luck for your CPA,are you att...Hi Nandine,<br /><br />Best of luck for your CPA,are you attempting the November exams?<br /><br />SoniaAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7164866633608772354.post-56002989076315416652010-10-16T23:35:26.910-05:002010-10-16T23:35:26.910-05:00Hi Nadine,
Pleasure to make your acquaintance. Gr...Hi Nadine,<br /><br />Pleasure to make your acquaintance. Great job w. the blog so far.<br /><br />BrunoAnonymousnoreply@blogger.com