Cendrowski Selecky Launches Fraud Update Newsletter.Business Editors BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--Feb. 19, 2004 Cendrowski Selecky PC, a professional firm providing services to businesses and legal counsel on fraud deterrence Introduction Fraud deterrence has gained public recognition and spotlight since the 2002 inception of the Sarbanes-Oxley Act. Of the many reforms enacted through Sarbanes-Oxley, one major goal was to regain public confidence in the reliability of financial markets in the wake of and remediation, has developed a newsletter to help clients and others understand the implications of fraud. Available free of charge, the newsletter features a compilation of articles from reliable news sources. It provides a synopsis A summary; a brief statement, less than the whole. A synopsis is a condensation of something—for example, a synopsis of a trial record. of current stories related to fraud incidents and links to originating web sites where full texts can be obtained. Jim Martin and Brieh Guevara, managers at Cendrowski Selecky PC, will research and edit the bi-monthly newsletter. Called "Let's Discuss," the newsletter will be e-mailed to clients and others who request it from the company's web site. A link to the current and prior issues of the newsletter is available on Cendrowski Selecky's home page at www.cendsel.com. A link also is available from the Detroit Regional Chamber web site at www.detroitchamber.com. "Fraud is a pervasive problem that can affect any organization. It involves deceitful means to cause a loss to a person or organization," says Guevara. "Fraud deterrence is based on the premise that improvements to the underlying internal control structure of an organization can reduce the opportunity for fraud." The newsletter also will be carried in the National Association of Certified See certification. Valuation Analysts (NACVA NACVA National Association of Certified Valuation Analysts ) bi-monthly publication "The Valuation Examiner." Martin and company president Harry Cendrowski recently co-authored the training course now used by NACVA to certify cer·ti·fy v. cer·ti·fied, cer·ti·fy·ing, cer·ti·fies v.tr. 1. a. To confirm formally as true, accurate, or genuine. b. individuals in its Certified Fraud Deterrence (CFD CFD - Computational Fluid Dynamics ) Analyst program, which is the first new fraud-related professional designation in nearly two decades. The new certification was developed to proactively address concerns facing many organizations, including asset misappropriation misappropriation n. the intentional, illegal use of the property or funds of another person for one's own use or other unauthorized purpose, particularly by a public official, a trustee of a trust, an executor or administrator of a dead person's estate, or by any and the integrity of financial reporting. Cendrowski Selecky PC, founded in 1983 and celebrating its 20th anniversary this year, provides innovative and responsive tax and operational recommendations to large, diverse organizations as well as private business owners. Additional information is available at www.cendsel.com. |
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