(c) Hong Kong Institute of Certified Public Accountants. Contact HKICPA for permission to reproduce this article., Financial Services, Fraud, Risk Management

Keeping it clean: an interview with Santiago Otamendi

The Financial Action Task Force combats money laundering and terrorist financing around the world. Its President, Argentinian justice secretary Santiago Otamendi, tells A Plus about its current battle plans, and how Hong Kong and the accounting profession can help win the war. Leading the global fight against money laundering and terrorist financing should be a… Read More Keeping it clean: an interview with Santiago Otamendi

(c) Chartered Accountants Ireland. Contact Chartered Accountants Ireland for permission to reproduce this article., Corporate Governance

A new era for directors

The Companies Act 2014 led to increased responsibility for directors, but it also clarified what the law requires of them. The role of a company director is an interesting but onerous one. As we all settle into life with the Companies Act 2014, it may seem that the responsibilities of the role have increased, which… Read More A new era for directors

(c) American Institute of Certified Public Accountants. Contact AICPA for permission to reproduce this article., Business Management, Enterprise Risk Management, Risk Management

5 steps to prevent complex inventory frauds

By Cecilia Locati, FCMA, CGMA Fraudsters are becoming increasingly creative. Here’s how SMEs in the manufacturing sector can guard against losses. When we think about inventory theft, we often think of a sales assistant stealing a product from a shop stockroom or an employee carrying away items from a warehouse. Although these are common forms… Read More 5 steps to prevent complex inventory frauds

(c) South Africa Institute of Chartered Accountants. Contact SAICA for permission to reproduce this article., Corporate Governance

The good, the bad and the ugly

By Linda de Beer CA(SA) I was recently asked to share a few thoughts and my anecdotal observations on corporate governance at a cocktail function in Windhoek. Serving on boards has provided me with more than just active and passive observations, certainly also lifelong lessons and most definitely scars. I am involved in a research… Read More The good, the bad and the ugly

(c) Hong Kong Institute of Certified Public Accountants. Contact HKICPA for permission to reproduce this article., Corporate Governance

Everyone’s a winner

By Nicky Burridge This year’s Best Corporate Governance Awards results showed that more companies are seeing the benefits of going beyond what is required. Nicky Burridge spoke to the winners about their efforts in building a strong corporate governance regime, and why it’s still not enough. Good corporate governance can be a key driver of long-term… Read More Everyone’s a winner

(c) Hong Kong Institute of Certified Public Accountants. Contact HKICPA for permission to reproduce this article., Corporate Governance

Banking on independence

by Michelle Perry Hong Kong’s banks are preparing to beef up the independence of their non-executive directors this month following the Hong Kong Monetary Authority’s recent guidelines. Michelle Perry finds out the challenges of finding INEDs who can meet higher expectations. Since the global financial crisis a decade ago authorities and regulators around the world… Read More Banking on independence