Audit committees: not just for CPAs. (Speak Out!).I appreciate the comments made by Ronald Marley, CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. , from Studio City [in the August issue of California CPA]. He made some excellent points of CPAs being on the audit committee, board and CFO See Chief Financial Officer. . However, I would feel just as comfortable in having these positions sprinkled with "fraud detectors" as professionally qualified with certified internal auditors, certified fraud examiners and so forth. Incidentally, the largest percentage of fraud is disclosed by employees working inside the company. I am not certain that the CPA, CIA CIA: see Central Intelligence Agency. (1) (Confidentiality Integrity Authentication) The three important concerns with regards to information security. Encryption is used to provide confidentiality (privacy, secrecy). , CFE CFE Conventional Forces in Europe (treaty) CFE Cash Flow to Equity (finance/accounting) CFE Comisión Federal de Electricidad (México) CFE Certified Fraud Examiner , etc. on the board, audit committee or as CFO will necessarily find more fraud solely because of certification. For more letters, go to www.calcpa.org/californiacpa/letters |
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