What is it about?

This article is about the conduct risk, including fraud, corruption, and other wrongdoing, of treasurers. The treasury function and position, while prestigious and essential to corporate well being and profitability, requires intelligent inspection and oversight. Institutional checks need to prevent and detect such bad conduct before external institutions do so!

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Why is it important?

Monitoring cash and investments is nearly as important as earning the right to these assets in the first place!

Perspectives

I've discovered and read of much that goes wrong with discretion over the cash management system. I want to make it a little less worrisome. Cheers!

Professor David Shapiro
John Jay College

Read the Original

This page is a summary of: Treasurers Under Investigation, Journal of Corporate Accounting & Finance, April 2015, Wiley,
DOI: 10.1002/jcaf.22048.
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