The Certified Anti-Corruption Manager (CACM) posts include CACM news, updates, and relevant topics. Such topics usually cover the Syllabus of the CACM.
January 25, 2022Today we have the pleasure of speaking with Mr. Mike Masoud, the senior director of The American Anti-Corruption Institute (AACI) in the Middle East and Africa. Mr. Masoud has been with The AACI for over ten years. He has played a vital role in the organization’s efforts to...
Exam UnitJanuary 15, 2023AnnouncementAttention all decision makers and professionals interested in furthering their knowledge and skills in the fight against corruption! The American Anti-Corruption Institute (AACI) is pleased to announce the availability of the 2023 edition of the Certified Anti-Corruption Manager (CACM) Review Textbook. The CACM Review Textbook Ed. 2023...
October 24, 2022Technical StaffDefinition 1It is an intentional act that uses deception by misstating or omitting material information and results in a misstatement in financial statements to deceive financial statements users.AU-C Section 240, Consideration of Fraud in a Financial Statement Audit, defines fraud as” an intentional act by one or...
October 16, 2022Mike J. MasoudOn June 16, 2022, I wrote an article titled “Conflict of Interests: Prevention is better than cure.” and published it on The AACI’s official blog. I stated in the said article the following:When a person runs for public office, he must give up his private business...
Engaging Students in Fighting Corruption
Regardless of the existence of corruption, students should understand the basics and characteristics of corruption. They should learn about corruption schemes and their damages. They should also learn how to deter and prevent corruption.
Benefits of Engaging Students
An effective student engagement strategy should achieve the following goals:
Evidence shows that when an individual believes that he is being watched, he makes sure that his behavior complies with what is expected of him. For example, it is more likely than not that students do not cheat on exams when they believe that they are being watched by humans or cameras. When deterrence is professionally designed and implemented adequately, its monetary and non-monetary savings are remarkable. But the effectiveness of deterrence depends on three components.
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.
Together, Empowering Tone at the Top
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