MyCIMA

integrity

  • Blog Entry
    17/08/2011 - 12:49pm

    When Nick Leeson, the Singapore based trader who brought down Barings Bank in 1995, realised the losses he was hiding were hours away from being discovered, he left a simple note on his desk.  And fled.  "I'm sorry" read the note and in a radio show last week, the Reunion, the BBC brought together Nick with his ex-boss for the first time when he apologised face to face.  In the show a former colleague, decribed Nick as "struck by a mixture of greed and fear for a number of yea

  • Blog Entry
    16/05/2011 - 4:31pm

    "Global attention on fighting corruption is intensifying" was one of the conclusions at a CIMA seminar at St Paul's cathedral held earlier in April.  The introduction of the UK Bribery Act is part of this "crest of a wave" and the growth of anti-corruption initiatives and focus on ethical business are evident everywhere.  "Call to end corporate corruption" read the headlines in the Malaysian press the day I was presenting

  • Discussion topic
    14/10/2010 - 8:41pm

    So the 'discussion' on the FT saga is now closed, but the issue is more serious.

    Isn't the issue what are the facts?

    Is it difficult for members and students to receive the truth?

    While I maybe 'retired' I do read these entries and offer my observations.

    The original question was quite straightforward, are 'names' going to be published within the next 'four' weeks', yes or no?

    Cliff Moggs (a retired member)

  • Discussion topic
    21/01/2010 - 11:24am

    The European Federation of Accountants (FEE) believes integrity is the core principle of professional behaviour. Their latest discussion paper seeks to promote a debate about the importance of integrity in the accountancy profession - and business in general. Let us know what you think here.