Fraud Story #3 Certain things are beyond your understanding !
John, a classy & fearful plant manager at most times dons the people around with his sharp & manly voice tone sometimes even dominated the […]
Articles by VMS
Fraud Story #2 – I WAS NOT AWARE OF THIS !
Two buddies Akbar (Head – Logistics) & Antony (Head of Production) go way back in their friendship are now working in the same company. Among […]
Fraud Story #1 I DID IT BECAUSE I COULD !
Amar, an accountant who handles the employee reimbursements wing has a very humble personality who respects seniors & treats juniors equally. He has been handling […]
Inventory Management – Process Basics
Inventory management is one of the most critical functions for a company because its turnover is what creates revenue for the company. Inventory involves receipt […]
3 important things to check before investing in an IPO
The IPO (Initial Public Offer) boom which began when the markets recovered from its low in March last year had been witnessing a strong retail […]
Production Planning & Scheduling – Internal Audit Guide
I’m getting back to blogging after quite some time now as I have been occupied with a lot of personal commitments. To see 400 odd […]
O2C – Sales Forecasting Internal Audit Check Points
What is sales forecasting? Just like any business plan or strategy that the company sets, sales forecasting is an important aspect of achieving that set […]
Procure to Pay : Procurement Planning Internal Audit Checklist
We had discussed about the procure to pay steps earlier, if you haven’t read it click here. In this article we discuss about the check […]
CASINO – MONEY PLAYS LIKE PLEASURE!
Casinos have been noted as a place where criminals and organised crime figures like to socialise and particularly prefer to launder their criminal proceeds. Criminal […]
AML 101: 4 TRADE BASED MONEY LAUDERING
Criminals are increasingly using cross-border trade to transform the financial proceeds of their illegal activities into seemingly legitimate revenues, in a process known as trade-based […]