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Articles by Sonia Jaspal

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Guiding Principles of Nelson Mandela

  Sonia Jaspal    22 July 2013 at 14:53

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

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Posted in Others  4 comments |   8850 Views


Indian Banks Give Customer Service for Money Laundering

  Sonia Jaspal    06 May 2013 at 12:39

Indian Banks Give Customer Service for Money Laundering

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Posted in Audit  5 comments |   17763 Views


Accounting and Auditing in Ancient India

  Sonia Jaspal    26 February 2013 at 11:26

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

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Posted in Audit  5 comments |   10593 Views


Auditors Criticise Without Value Addition

  Sonia Jaspal    06 February 2013 at 11:43

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

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Posted in Audit  6 comments |   9291 Views


5 Things CFOs Should Do In Planning Process

  Sonia Jaspal    03 January 2013 at 12:41

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

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Posted in Audit |   20163 Views


Risk Managers Leadership Challenge

  Sonia Jaspal    05 December 2012 at 12:25

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

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Posted in Audit  3 comments |   9453 Views


Risk Assessment of Marketing Function

  Sonia Jaspal    11 September 2012 at 11:56

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

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Posted in Audit  3 comments |   11892 Views


Performance of Indian Boards

  Sonia Jaspal    26 June 2012 at 11:12

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

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Posted in Corporate Law  3 comments |   10812 Views


Risk Management Failures in Kingfisher Airlines

  Sonia Jaspal    17 April 2012 at 11:28

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

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Posted in Audit  5 comments |   19929 Views


Innovative assurance and advisory services

  Sonia Jaspal    11 February 2012 at 15:34

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

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Posted in Audit  6 comments |   10563 Views