Tuesday, 15 October 2019
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What happens when one day you go to the petrol station and find that there is no more petrol? One of the main worries in many countries these days is that the oil is running out. All the while, political...
We are told Bigger is Better. Big Airports, Big Bridges, Big Corporations, Big Shopping Malls, Big Dams, Bigger Banks, Bigger Plantation Firms, Bigger Highways (oh, what a nuisance, the oil is running out though) and even Big Agriculture. And...
Although there is now belated recognition of global warming as a critical issue for humanity to grapple with, world leaders and the mainstream media are still fudging the real causes of global warming. One likely reason for this smokescreen is...
It is not difficult to "cook the books", as most accountants will be aware. But what about the external auditors? They are supposed to be independent and professional, right? In theory. Far too often though, the partners of audit firms...
So a special audit of Transmile Group has discovered that its revenue for 2005 and 2006 may have been overstated by over RM500 million ringgit. Gulp! Let me say that again s-l-o-w-l-y: over RM500 million. And its pre-tax profit for...