Articles by Sonia Jaspal

Guiding Principles of Nelson Mandela

Posted by Sonia Jaspal 22 July 2013 12873 Views

Mr Mandela inspired South Africans to fight against apartheid and the world population to strive for equality. He led a life of meaning and broke all the chains that imprisoned him and his community. To free his people, he walked over landmines, m

Indian Banks Give Customer Service for Money Laundering

Posted by Sonia Jaspal 06 May 2013 18402 Views

Indian Banks Give Customer Service for Money Laundering

Accounting and Auditing in Ancient India

Posted by Sonia Jaspal 26 February 2013 22857 Views

Professionals want to know the origin of their profession, the work done in olden times and the level of knowledge. I thought of sharing with you the history of Indian accounting and auditing profession. I discovered in Kautilyas Arthshastr

Auditors Criticise Without Value Addition

Posted by Sonia Jaspal 06 February 2013 9681 Views

I thought of dealing with a difficult and sensitive topic for auditors. The corporate world views auditors with jaundiced eyes and auditorville has a bad reputation. Scott Adams in his book Thriving on Stupidity in the 21st Century

5 Things CFOs Should Do In Planning Process

Posted by Sonia Jaspal 03 January 2013 20602 Views

In December, senior management focuses on formulating strategies. Department heads prepare business plans and budgets. Risk management departments define the next years agenda and plans. Everyone works hard at planning and preparing for the

Risk Managers Leadership Challenge

Posted by Sonia Jaspal 05 December 2012 9964 Views

British Petroleum was recently fined US $ 4.5 billion for the Deep-water Horizon disaster in April 2010. The highest ever fine till date. The verdict implicated two employees for negligence. Similar news is coming of regulators charging huge fines

Risk Assessment of Marketing Function

Posted by Sonia Jaspal 11 September 2012 12608 Views

The global economy is facing turbulent times with US in recession, Europe in economic crises and emerging markets growth slowing down. Frequently organizations panic on hearing forecasts of looming recession. They cut down marketing budgets, innov

Performance of Indian Boards

Posted by Sonia Jaspal 26 June 2012 11117 Views

The board of directors have the responsibility for steering the organization in the right direction and guiding the CEO and senior management. However, worldwide they are lambasted for catering to the manifested interest of CEO and senior manageme

Risk Management Failures in Kingfisher Airlines

Posted by Sonia Jaspal 17 April 2012 27990 Views

The king of good times is facing hard times. Launched in 2006, with much fanfare by its Chairman, Mr. Vijay Mallya, Kingfisher Airlines (KFA) is presently in dire financial straits. After the euphoria abated, KFAs strategy, performance and

Innovative assurance and advisory services

Posted by Sonia Jaspal 11 February 2012 10952 Views

The business teams mental picture of an auditor is of a guy focused on nitpicking financial accounts. The excessive focus from regulators on internal controls in finance processes has stereotyped auditors. However, in these dynamic economic cond