The AACI Blog Page - The American Anti-Corruption Institute (AACI)

25 Aug

Judges are Human. There are Bad and Good Judges!

Posted by The AACI Ethics, Governance, Human rights, Principles of Fighting Corruption, Types of Fraud and Corruption

The judicial branch of government is essential to good governance in a modern democracy. Furthermore, The American Anti-Corruption Institute (AACI) has established an independent and effective judiciary as a Principle of Fighting Corruption. When the judiciary in any country is sluggish, it is a bad omen and one of the most significant barriers to combating corruption. The corruption of the judge himself is one of the most serious forms of corruption in the judiciary. However, the reasons for judicial corruption are numerous and sometimes complex.

22 Aug

Blockchain Helps with Corruption Deterrence and Prevention.

Posted by The AACI Academia, CACM, Certification, Governance, Internal Control, Opinions

Preventing fraud and corruption is an evolving and complex challenge. It requires vigilant leadership and an effective board to ensure that policies are updated continuously, all employees are well trained, and internal control is effective. In addition, organizations should use proper and adequate technology to lower the risk of fraud and corruption. Organizations should have blockchain at the top of their agenda.

17 Aug

A Classic Case in the News: Whistleblowing is the Most Effective Mechanism to Uncover Corruption.

Posted by The AACI Conflicts of interest, Costs of Corruption, Ethics, Governance, Internal Control, Types of Fraud and Corruption, whistleblowing

August 17, 2022Technical Staff The following story (click here to read it in its entirety) is a typical example of how kickbacks work, and how they begin small and grow larger and larger. On August 15, 2022, The Sunday Morning Herald published a story titled “Businesswoman gave car, boat, and […]

15 Aug

Accountability

Posted by Mike Masoud Academia, Governance, Internal Control, Opinions, Principles of Fighting Corruption

August 14, 2022Mike J. Masoud It is not uncommon to read about or hear misconceptions about accountability. For example, one should be careful to distinguish between accountability and responsibility. Many decision-makers and policy-makers have a clear understanding of what accountability is, while many others do not. Therefore, I discuss the […]

25 Jul

When Was the Last Time You Knew Your Organization’s Corruption Exposure?

Posted by Mike Masoud Business Ethics, Costs of Corruption, Governance, Internal Control, Opinions, Principles of Fighting Corruption

It is impossible to recognize something you do not know or have been trained to recognize correctly. However, the nature, amount, and scope of anti-corruption knowledge and abilities required by decision makers vary. For example, the CFO’s anti-corruption knowledge exceeds what a board member requires to fulfill his duty of care. Unfortunately, many decision-makers are unaware of two important corruption-related challenges. First and foremost,

22 Jul

Certified Anti-Corruption Fellow (CACF): Scope Expansion

Posted by The AACI CACF, CACM, Certification

The American Anti-Corruption Institute (AACI) has expanded the scope of the Certified Anti-Corruption Fellow (CACF) certification program to professionals, with effect from August 1, 2022. A professional who chooses not to become a Certified Anti-Corruption Manager (CACM), a more advanced anti-corruption certification program, will be able to obtain a CACF certification, which is less expensive, takes less time, and covers fewer topics. It is also a one-day anti-corruption certification program.

19 Jul

Theranos Blood Testing Fraud

Posted by Mike Masoud Conflicts of interest, Costs of Corruption, Internal Control, Opinions, Principles of Fighting Corruption, Types of Fraud and Corruption

Mike MasoudJuly 19, 2022 On September 15, 2021, I published on this official blog of The American Anti-Corruption Institute (AACI) a post entitled “Theranos Blood Testing Fraud: From 9 billion USD to 0 USD.” Theranos blood testing fraud is the biggest health care fraud in history. Due to its significance, […]