Insights

Fighting Occupational Fraud During A Post Merger & Acquisition Integration

Process of integrating two companies’ systems and cultures can be rather challenging. Changes and complex structures associated with a merger or acquisition can be the perfect opportunity for a dishonest employee to commit fraud. According to the Association of Certified Fraud Examiners...
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Good Recipe For Corporate Failures: Effective Internal Controls

There is overwhelming evidence that most of the times the root causes of corporate governance failures are breakdowns of internal control system. Good lessons from bad examples show that effective internal controls are key...
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Should You Keep Your Payroll In-house or Outsource It?

Every business that has at least one employee needs to manage its payroll. It is not a choice, but a necessity. A well-managed payroll system ensures that all employees are paid when promised and all tax and social security regulations are addressed accurately...
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A Growing Anti-Corruption Phenomenon: The Foreign Corrupt Practices Act (FCPA) And Its Global Impact

“The Foreign Corrupt Practices Act (FCPA) / Anti Bribery Alert Winter 2015” has been published by Hughes Hubbard & Reed LLP. The report proves that the FCPA remains alive and well!. The report* states that penalties imposed by U.S. regulators in 2014 were greater than...
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Interim Management And Part-Time Staffing

In a tight labour market, you may have a need for quality interim management or part time staffing instead of full time. Serious time constraints, opportunities that exceed the possibilities, meeting culture and increasingly urgent demands by ...
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Turkish private companies moving to Turkish Accounting Standards (equivalent of IFRS)

Many have heard about something new, something different happening in the realm of accounting in Turkey, but few have a clear picture of what that is, or how it will affect them. In accordance with the Turkish Commercial Code (TCC) that entered into force...
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Professional Service Firms: How do you measure your profitability?

In today’s business environment it is extremely crucial for the professional service firms to configure a systemized process for measuring their profitability so that their business may run and grow as they targeted. Capacity utilization, pricing and overheads should be taken into consideration...
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