Fraud and Corruption Deterrence: Part 1(C)

December 30, 2016

What is the resilience of an entity in preventing, deterring, and detecting fraud and corruption? 

Part 1(C) Fraud and Corruption Deterrence in a For-Profit Organization

Corruption is an illegal and immoral act of serious existential consequences on organizations. Whatever the cost of fraud and corruption deterrence mechanisms organizations use, it would be less costly than what they would suffer from the ramifications of uncovered and publicized case(s) of fraud and corruption. Fraud and corruption deterrence aims to:

1.    Set the proper tone at the top

2.    Increase the likelihood of detecting corrupt acts

3.    Heighten perpetrator's costs

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We will start rolling over the CACM via exam in selected countries and regions. CACM candidates of these countries will find the CACM Review material helpful. 

Happy Holidays

UNITED AGAINST CORRUPTION

September 9, 2016

The AACI and the world celebrate today the "International Anti-Corruption Day 9 December." Each one makes a difference in fighting corruption. The U.N. provides examples of what you can do.

Each sector should make a difference in fighting corruption. What we do at The AACI overlaps with several of those of what the U.N. proposes. For example, we launched innovative academic initiatives to engage the youth in understanding what corruption is and how to fight it. We also offer a spectrum of anti-corruption training programs to educate the public about the government's responsibility to be corruption-free and raise awareness with the public, media and government about the costs of corruption for essential services such as health and education.

Political leaders, governments, civil society, and private sector should join the international anti-corruption efforts in theory and practice. Unfortunately, there are too many countries that do not fight corruption in methodical, strategic, and disciplined manner; combating corrupt practices and bribery in these countries are merely political slogans and political management tools. It does worth to mention that corruption costs and damages support terrorism indirectly, undermine the rule of law, provide for social instability, and lead to nation failure.

The international community should no longer support corrupt regimes financially or politically and should not let corrupt officials escape with a country's misappropriated funds anymore.

P.S. The U.S. Secretary-General's Message for 2016

Fraud and Corruption Prevention: Part 1(B)

December 2, 2016

What is the resilience of an entity in preventing, deterring, and detecting fraud and corruption? Part 1(B): Fraud and Corruption Prevention is now available for members.

CACM members can access this series when they log in to the membership portal or click here.

We will start rolling over the CACM via exam in selected countries and regions. CACM candidates of these countries will find the CACM Review material helpful.