(c) Chartered Accountants Australia and New Zealand. Contact Chartered Accountants Australia and New Zealand for permission to reproduce this article., Corporate Governance, Ethics

The trust crisis

By Susan Muldowney Recent high-profile corporate scandals have seen trust in business take a further dive. How can this fragile commodity be restored? When Matt Comyn steps into the top job at the embattled Commonwealth Bank of Australia on 9 April, his first challenge surely will be among his greatest: restoring trust. With critics pointing… Read More The trust crisis

(c) Institute of Chartered Accountants in England and Wales. Contact ICAEW for permission to reproduce this article., Corporate Governance

How to end excessive pay

Business plays a vital role in building a world of strong economies, but perceptions of excessive pay are undermining its ability to do this. When executive pay is seen as excessive it attracts overwhelming attention as a blatant symbol of unfairness, and the anger which follows overshadows all other business problems and achievements. ICAEW believes… Read More How to end excessive pay

(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