Technical StaffMay 15, 2023Corruption 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 corruption...
Technical StaffApril 25, 2023The 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 frequent vacations, or...
Technical staffApril 24, 2023AbstractIn 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, external events, including...
Mike MasoudApril 11, 2023Corruption is a pervasive issue worldwide and can take on many forms. Its detrimental effects weaken democratic institutions and hinder economic growth and sustainability. Thus, establishing an ethical framework to prevent corruption is imperative. This post discusses how ethics plays a crucial role in curbing corruption.Primarily, ethics...
Technical StaffMarch 26, 2023Becoming a Certified Anti-Corruption Manager (CACM) can provide many advantages to a decision maker, including:Expertise: The certification process provides specialized training and knowledge in anti-corruption strategies, which can help decision makers identify and mitigate corruption-related risks.Credibility: Being a CACM demonstrates a commitment to anti-corruption efforts and can...
Technical StaffMarch 17, 2023On March 14, 2023, the Daily Mail reported that Credit Suisse had acknowledged the existence of ‘material weaknesses’ in its financial reporting controls while also grappling with $120 billion in customer withdrawals resulting from a series of scandals, which have caused the bank’s shares to plummet to...
Mike J. Masoud, CACM, CFE, MBAMarch 9, 2023Once upon a time, in a distant land, a company was known for its high ethical standards and solid values. The company had a stellar reputation in the community, and people looked to it as a role model for other businesses to emulate....
Together, Empowering Tone at the Top
Click here for an overview of The AACI. You may also download its PowerPoint presentation (PDF)
© 2024 The American Anti-Corruption Institute llc (AACI), P.O. Box 27346, Tempe, AZ 85285, USA
