The Ministry of Corporate Affairs has been taking various initiatives for ensuring responsible business conduct by companies. As a first step towards mainstreaming the concept of business responsibility, the ‘Voluntary Guidelines on Corporate Social Responsibility’ were issued in 2009. These were guidelines and were voluntary. The objective was to incorporate (a) Care for all stakeholders (b) Ethical […]
Large corporates have large boards. The members are chosen from the elite group of professionals, speakers, management gurus and consultants. They have academic credentials from the best global institutions and have worked for the best global corporates. They are expected to bring on board the best global practices of governance. They are sincere, hard working and honest. Still […]
In the last three months, we have handled multiple fraud investigations, fashionably called, Forensic Audit. In all the cases, the narrative has been common. Strong CFO with a dedicated team, gone rogue. The CFO has been in the organization for over ten years and has risen through the management. He understands the process, the IT controls and […]
