Jul 30, 2011 | Uncategorized
The Wall Street Journal reported this week:“A former employee of Manhattan’s Memorial Sloan-Kettering Cancer Center pleaded guilty Tuesday to stealing more than $1.5 million[1] from the hospital in the form of printer toner.Marque Gumbs, 33 years old, pleaded...
Jul 23, 2011 | Uncategorized
The Committee of Sponsoring Organizations of the Treadway Commission (COSO) has decided to update its original report Internal Control – Integrated Framework. This important document has guided government agencies and public companies since it was issued in...
Jul 16, 2011 | Uncategorized
As a follow-up to my blog last week on Sino-Forest Corp. I read where Thomson Reuters reported,“U.S. regulators, reeling from a series of scandals over U.S.-listed Chinese companies, will head to Beijing to discuss launching audit inspections while regulators in...
Jul 9, 2011 | Uncategorized
Sino-Forest is a commercial forest plantation operator in China. Its principal businesses include owning and managing plantation forests, the sale of standing timber and wood logs and manufacturing engineered-wood products. The majority of the tree plantations and...
Jul 9, 2011 | Uncategorized
The NY Post today is reporting that Jim Cox has been appointed the new Medicaid Inspector General.I’ve known Jim Cox for a long time and I’m confident Jim has the skills and ability to properly carry out the functions of the Medicaid Inspector...
Jul 4, 2011 | Uncategorized
Here is an article I wrote in 2003. It seems to me it is still applicable today.The Wall Street Journal has been reporting on the fraud at HealthSouth. What occurred at HealthSouth is instructive to auditors because it shows how senior management can have a pervasive...
