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 formerContinue reading “Internal audit at Satyam”
Author Archives: Neil
WSJ on why work tech sucks
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 throughContinue reading “WSJ on why work tech sucks”
Google Docs to surpass Office in a year
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 peopleContinue reading “Google Docs to surpass Office in a year”
Ethics enhanced by clean smells
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 implicationsContinue reading “Ethics enhanced by clean smells”
Continuous auditing
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 beingContinue reading “Continuous auditing”