Articles by Sonia Jaspal
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5 Things CFOs Should Do In Planning Process
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 Management Failures in Kingfisher Airlines
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
Risk Management Induction Training To Business Teams
I had joined a new company and was taking the induction training. I thought it would be a good idea to get fellow participants perspective.So I asked a young employee How did you find the risk management
Implement Anti-Bribery Policies
Fashionistas traded their mascaras for a layer of emissions from exhaust pipes. Employees replaced their jackets with white tees imprinted with India Against Corruption slogan. On 24 August 2011, Bangroleans formed a 17-kilometer human
Impact of Organization Culture on Internal Controls
The COSO defines Internal Control as a process, effected by an entitys board of directors, management and other personnel, designed to provide reasonable assurance regarding the achievement of objectives in the following categories: ef
Good to Great Risk Management
In the aftermath of the financial crises, it would seem fair to presume that risk management functions now have higher visibility, authority and influence. However, a recent report Too good to fail? issued by Economist Intelligence Uni
Indian Banks Give Customer Service for Money Laundering
Indian Banks Give Customer Service for Money Laundering
Guiding Principles of Nelson Mandela
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
Accounting and Auditing in Ancient India
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
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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