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GLG News by this Author
Analyses are solely the work of the authors and have not been edited or endorsed by GLG.
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Characteristics of an Effective Audit Committee
August 14, 2009
Internal Auditors: Mission Unaccomplished? | www.cfo.com
The effectiveness of the internal audit function is derived from the effectiveness of the audit committee. Where that committee is ineffective the internal audit function will wither and die. Here I summarise what, in my opinion constitutes, the top ten characteristics of an effective audit committee. This list is not intended to be exhaustive. However, it can be used as a starting point to establish an effective and respected audit committee that adds value to the business.
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August 13, 2009
In House Fraud Cases Surge | www.ft.com
Scandals, frauds and mismanagement are occurring in organisations ranging in size from the small to the multi national. The solution to the global economic and ethical meltdown, in my opinion, is common sense and are listed in my article below. Why not stop delaying and just let’s get on and implement these changes now!
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Attributes of a World Class Internal Audit Department
August 12, 2009
The Added Value of Internal Audit, a Brief Overview | news.glgroup.com
How does your internal audit department measure up to my top ten list?
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The Added Value of Internal Audit, a Brief Overview
August 11, 2009
Risk Management and The Value Added by Internal Audit | www.icaew.com
The internal audit department should tell the Board: - when the company is being poorly managed, - where risks are not being identified or mitigated and - when the business objectives are not likely to be met.
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August 10, 2009
Ten Reasons Frauds Occur | news.glgroup.com
This is my personal top ten, based on personal experience, there are many other types of frauds that have been, and are being, perpetrated. You have been warned!
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August 4, 2009
SFO adopts aggressive approach on banking fraud | business.timesonline.co.uk
My advice is, if you think that a fraud may be happening then fear the worst; because it probably is.
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Codes of Conduct, the Ethical Principles of Companies
August 3, 2009
Taking Care of Business: Corporate Codes of Conduct as Global Regulation | www.allacademic.com
There may be those in boardrooms, around the corporate world, who feel that implementing such a code is an unnecessary waste of time and money. I would like to draw their attention to three key reasons, which I suggest they repeat to themselves every night before going to bed, for having the code: 1. Reputation 2. Reputation 3. Reputation
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Ethical Business With The DPRK
July 29, 2009
LEGITIMATE BUSINESS WITH DPRK PROMOTES ETHICAL CONDUCT | www.nautilus.org
Pragmatic, legitimate business engagement with the DPRK will do both the people of the DPRK and the Korean region nothing but good.
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