Case Studies

Our case studies contain analysis and discussion points for users to better understand the legal provisions. They also provide suggestions on how to prevent corruption, fraud and malpractices.

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All Areas of Concern

Search Case Studies

All Areas of Concern


Billy’s trading company was a major client of Jimmy’s CPA firm.  Facing a difficult time, Billy asked Jimmy to manipulate the financial position of his company in the year-end audit to facilitate his obtaining credit facilities from a bank …

 

Patrick was a financial controller of an information technology company planning to go public.  His bosses asked him to manipulate management accounting data and to reimburse expenses without any supporting document. The sponsor offered him valuable information after the engagement......   

 

Howard was a newly joined senior internal audit manager of a publicly listed company.  On presenting to the Managing Director about his evidence of wrongdoings by the Purchasing Director, he was asked to stay away from the case.  

Dominic is a sales manager of a brokerage company and he has a few corporate clients.   One of his clients is a listed company named Treasure Hunt. During a cocktail reception, the financial controller of Treasure Hunt, Tony, talks to Dominic about his plan to make some short-term financial gains.   According to Tony’s knowledge, an international corporation is planning to inject capital into Treasure Hunt, and he foresees its share price will rocket up if the deal is made. Tony, therefore, suggests to collaborate with Dominic to buy Treasure Hunt shares in advance.

 

With keen interest, Dominic further proposes to purchase the stocks through an external broker in order to disguise their identities.   A week later Treasure Hunt announces the capital injection arrangement and, as anticipated, its share price goes sky-high.   Dominic and Tony, having made a good profit, immediately sell their shares.


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