Internal audit at Satyam

December 9th, 2009 · No Comments

New charges in the Satyam scandal were laid by India’s Central Bureau of Inves­ti­gation, for “creating fake invoices to inflate revenues by US$94 million and forging company board resolu­tions to obtain unautho­rised loans worth US$265 million” according to this story in Accoun­tancy Age. This comes after charges were laid on November 21 against the former […]

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Category: Governance
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WSJ on why work tech sucks">WSJ on why work tech sucks

November 24th, 2009 · 5 Comments

You’ll have to hurry before Rupert puts it behind a paywall and blocks Google from indexing it, but the WSJ had a good article recently about technology in the workplace. At the office, you’ve got a sluggish computer running aging software, and the email system routinely badgers you to delete messages after you blow through […]

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Category: Technology
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Google Docs to surpass Office in a year

November 13th, 2009 · 1 Comment

Now this is inter­esting. Comments from Google’s president of the enter­prise division indicate he believes that Google Docs will “reach a ‘point of capability’ next year that it will serve the ‘vast majority’s needs.’” He acknowl­edged that Docs is currently “much less mature” than Google Mail or Calendar. “We know it. We wouldn’t ask people […]

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Category: Uncategorized
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Ethics enhanced by clean smells

October 28th, 2009 · 3 Comments

I wonder if this is something businesses (including accounting firms) might want to look into: A study at Brigham Young University has found that people are “uncon­sciously fairer and more generous” in clean-smelling environ­ments. The research found a dramatic improvement in ethical behavior with just a few spritzes of citrus-scented Windex. The researchers see implications […]

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Category: Business
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Continuous auditing

September 24th, 2009 · No Comments

I wanted to draw your attention to an article that recently appeared on CFO.com about continuous auditing, mainly because the topic is one which is as misun­der­stood as it is trendy. Continuous auditing is generally held to be an automated approach. Increas­ingly it is assumed to mean examining all data relevant to the audit being […]

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Category: Auditing
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