IC_Toolbox's profile picture. Products and services for successful Internal Control Professionals.

InternalControlToolbox

@IC_Toolbox

Products and services for successful Internal Control Professionals.

One of China's biggest pharma stocks is falling by 10% every day. Company chairman described the overstatement as an "accounting error" due to "loopholes in internal control and financial management." #internalcontrol #internalcontrolfailure buff.ly/2VcagWs

IC_Toolbox's tweet image. One of China's biggest pharma stocks is falling by 10% every day.
Company chairman described the overstatement as an "accounting error" due to  "loopholes in internal control and financial management." 
#internalcontrol #internalcontrolfailure
buff.ly/2VcagWs

Wondering how to reach board level as internal control professional? Felipe Dal Belo, GRC executive and advisory board member to several multi-billion companies, shares his top tips on how to do it. #internalcontrol #advisoryboard #boardcareers buff.ly/2GYoZQU

IC_Toolbox's tweet image. Wondering how to reach board level as internal control professional?

Felipe Dal Belo, GRC executive and advisory board member to several multi-billion companies, shares his top tips on how to do it. 

#internalcontrol #advisoryboard #boardcareers
buff.ly/2GYoZQU

Financial controller in £443,000 fraud paid himself a double salary. #internalcontrolfauilure #fraudprevention buff.ly/2GXufUQ

IC_Toolbox's tweet image. Financial controller in £443,000 fraud paid himself a double salary.

#internalcontrolfauilure #fraudprevention
 buff.ly/2GXufUQ

US regulator uncovers $20m accounting fraud at truck operator accountancylive shar.es/amLF0h via @accountancylive


InternalControlToolbox reposted

I am looking forward to speaking at the upcoming ACFE webinar on March 28th. I will be talking about how Pareto rule can be used to prevent fraud. I will go through the step-by-step process I use to build anti-fraud programmes. #internalcontrols #fraud buff.ly/2uozeqA

CeciliaLocati's tweet image. I am looking forward to speaking at the upcoming ACFE webinar on March 28th. I will be talking about how Pareto rule can be used to prevent fraud. I will go through the step-by-step process I use to build anti-fraud programmes.
#internalcontrols #fraud
buff.ly/2uozeqA

InternalControlToolbox reposted

I have seen this mindset in a lot of companies... “The core management teams at mid-tier companies trust each other so implicitly that they tend to dismiss the need for internal cybersecurity controls.” #internalcontrol #cybersecurity buff.ly/2BMZLlN

CeciliaLocati's tweet image. I have seen this mindset in a lot of companies... “The core management teams at mid-tier companies trust each other so implicitly that they tend to dismiss the need for internal cybersecurity controls.” #internalcontrol #cybersecurity buff.ly/2BMZLlN

InternalControlToolbox reposted

We shouldn't be shocked when a #fraud victimizes clients who are close friends: If the client relationship is already established there are fewer barriers. The #thief depends on what's easy, after all. sfchronicle.com/bayarea/articl…


InternalControlToolbox reposted

““Around the world, only 34 governments have enacted national whistleblower protection laws. Only 10 EU countries have comprehensive legislation in place but enforcement is often inadequate.” #internalcontrol #whistleblowing buff.ly/2U2O8Oy

CeciliaLocati's tweet image. ““Around the world, only 34 governments have enacted national whistleblower protection laws. Only 10 EU countries have comprehensive legislation in place but enforcement is often inadequate.” #internalcontrol #whistleblowing buff.ly/2U2O8Oy

InternalControlToolbox reposted

Sign! Tell the @EUCommission @EUparliament @EUCouncil that we must urgently provide strong protection for #whistleblowers: sign the petition to secure genuine protections for whistleblowers and not merely pay lip service to the idea! - act.wemove.eu/campaigns/Prot…


Prevention is better than cure when it comes to charity fraud #internalcontrol #charity #fraudprevention buff.ly/2VmUGYJ

IC_Toolbox's tweet image. Prevention is better than cure when it comes to charity fraud #internalcontrol #charity #fraudprevention buff.ly/2VmUGYJ

Great article on the importance of segregating duties and having strong internal controls in place to prevent not only human data entry errors, but also potential fraud. #internalcontrol #fraudprevention buff.ly/2GBnYzn

IC_Toolbox's tweet image. Great article on the importance of segregating duties and having strong internal controls in place to prevent not only human data entry errors, but also potential fraud.
#internalcontrol #fraudprevention buff.ly/2GBnYzn

InternalControlToolbox reposted

“She was basically our bookkeeper, everything that had anything to do with our finances ran through her desk” #internalcontrolfailure #fraudprevention #charityfraud buff.ly/2EgNQ0U

FraudFence's tweet image. “She was basically our bookkeeper, everything that had anything to do with our finances ran through her desk” #internalcontrolfailure #fraudprevention #charityfraud buff.ly/2EgNQ0U

Auditor General Reports Highlight A Need For Stronger #InternalControl By School Boards buff.ly/2BSTNzV

IC_Toolbox's tweet image. Auditor General Reports Highlight A Need For Stronger #InternalControl By School Boards  buff.ly/2BSTNzV

InternalControlToolbox reposted

New survey finds financial controller expanding into risk management and internal controls #riskmanagement #internalcontrol #fraudprevention buff.ly/2BBHbwS

CeciliaLocati's tweet image. New survey finds financial controller expanding into risk management and internal controls #riskmanagement #internalcontrol #fraudprevention buff.ly/2BBHbwS

NFA Creates New Internal Controls Requirements for CPO Members #internalcontrol #fraudprevention buff.ly/2to5ObP

IC_Toolbox's tweet image. NFA Creates New Internal Controls Requirements for CPO Members #internalcontrol #fraudprevention buff.ly/2to5ObP

InternalControlToolbox reposted

More than one in ten managers in Europe and Australia said that “artificially increasing profits in the books as long as no money is stolen” is acceptable behaviour #ethics #fraudprevention buff.ly/2BzNscp

CeciliaLocati's tweet image. More than one in ten managers in Europe and Australia said that “artificially increasing profits in the books as long as no money is stolen” is acceptable behaviour #ethics #fraudprevention buff.ly/2BzNscp

InternalControlToolbox reposted

“Having honest, adult conversations about corruption requires accepting that none of us is ethically pure.” Very insightful reading on analyzing our own unethical behavior #ethics #corruption #fraudprevention buff.ly/2FQxVbK

CeciliaLocati's tweet image. “Having honest, adult conversations about corruption requires accepting that none of us is ethically pure.” Very insightful reading on analyzing our own unethical behavior #ethics #corruption #fraudprevention buff.ly/2FQxVbK

InternalControlToolbox reposted

Insightful analysis of Authorized Push Payment Frauds and the impact of the Confirmation of Payees. There might be unintended consequences but it is a step in the right direction. #fraudprevention #APPfraud buff.ly/2X1sDjf

CeciliaLocati's tweet image. Insightful analysis of Authorized Push Payment Frauds and the impact of the Confirmation of Payees. There might be unintended consequences but it is a step in the right direction. #fraudprevention #APPfraud buff.ly/2X1sDjf

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