The AACI publishes opinions and contributions written by some of its employees, management, and directors. It also publishes contributions from other experts, academicians, and professionals.
Views and opinions expressed under “Opinions” of this blog or at The AACI’s website are those of the authors and do not necessarily reflect the official policy or position of any other agency, organization, employer or The American Anti-Corruption Institute (AACI).
Mike MasoudJune 9, 2023 The board of directors’ duties is set, in most if not all countries, by commercial law. The principal duties of the board are: Selection and removal of officers Declaring and distributing dividends Setting the management compensation Coordinating audit activities Evaluating, managing, and approving the company’s risk...
Mike MasoudMay 21, 2023 The AACI defines fighting corruption as follows: “It is a process effected by those charged with governance, employees, citizens, and other stakeholders to provide a reasonable assurance that those entrusted with power do not abuse it for private gain. It is 1. Holistic, 2. Continuous, 3. Results-oriented,4. Multidisciplinary, and 5. Encompasses all economic...
The Ten Principles of Fighting Corruption The office of the President. Tempe, May 17, 2023 Dear The AACI Stakeholders, I am pleased to announce that The American Anti-Corruption Institute (AACI) has recently published The Ten Principles of Fighting Corruption on its website (click here). These principles cover a range of...
Technical StaffMay 15, 2023 Corruption can cause severe damage to businesses of all sizes and tarnish their business image. It can harm a company’s reputation, employee turnover and morale, productivity, financial performance, and long-term success. Sometimes, corruption wipes out well-established companies! Therefore, small and medium-sized business owners must proactively prevent...
Technical Staff April 25, 2023 The following list of common red flags may indicate fraudulent behavior. However, they may not always mean fraud, but they may help identify potential risks and assess whether further investigation is warranted. 1. Unusual behavior: A fraudster may exhibit unusual behavior, such as working odd hours, taking...
Technical staff April 24, 2023 Abstract In this piece, we delve into the reasons behind a nation’s inability to succeed, focusing on internal and external factors. Factors that originate internally, such as weak institutions, corruption, and conflict, can all act as obstacles to a country’s growth and prosperity. In addition,...
Mike Masoud April 20, 2023 The profession of auditing serves as a crucial element in safeguarding the public interest, promoting the welfare of society, and assisting those responsible for governance in deterring, preventing, and identifying fraudulent and corrupt practices. Additionally, an independent auditor issuing an audit report on the accompanying...
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