Whistle Blowing by Tommy Seah in IIA Australia
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TOMMY SEAH IIA Melbourne Australia presentation on Whistle Blowing
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1. Managements today, in their hunger for success and appreciation of shareholders equity tend to forget the core essence behind the words in their vision and mission statements, corporate social responsibilities, duties towards employees etc. A whistleblowing encourages honest culture, promotes transparency, establishes clear communication within and outside the organisation, and keeps the key individual from abusing their powers.
2. Whistle-blowing bolstered by the provisions of the Sarbanes-Oxley Act is not only become a tool seen by regulators when it comes to leaving penalties but is a core pillar of a compliance program.
3. Though Whistle-blowing has been seen for snitches and glory seekers, it has undoubtedly become a symbol and tool to promote integrity.Common Pitfalls While Establishing a Whistle-blowing Hotline
Common Pitfalls While Establishing a Whistle-blowing HotlineRobin Singh, Ms.(Law), MBA, Ms. (IT), LPEC, CFE
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1. Managements today, in their hunger for success and appreciation of shareholders equity tend to forget the core essence behind the words in their vision and mission statements, corporate social responsibilities, duties towards employees etc. A whistleblowing encourages honest culture, promotes transparency, establishes clear communication within and outside the organisation, and keeps the key individual from abusing their powers.
2. Whistle-blowing bolstered by the provisions of the Sarbanes-Oxley Act is not only become a tool seen by regulators when it comes to leaving penalties but is a core pillar of a compliance program.
3. Though Whistle-blowing has been seen for snitches and glory seekers, it has undoubtedly become a symbol and tool to promote integrity.Common Pitfalls While Establishing a Whistle-blowing Hotline
Common Pitfalls While Establishing a Whistle-blowing HotlineRobin Singh, Ms.(Law), MBA, Ms. (IT), LPEC, CFE
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Whistle Blowing by Tommy Seah in IIA Australia
- 1. Whistleblower Hotline – A Powerful Tool to Combat Fraud SOPAC ® 2007, 25-28 March 2007 , Melbourne
- 4. Whistleblowers are told to take comfort in knowing they have done the right thing.
- 7. “ For those who argue that employees owe strict loyalty to the company , Whistleblowing seems to be an act of extreme disloyalty. But loyalty cannot imply that we should not report the unethical conducts of others ……”
- 8. Conflict of Laws: Whistle-blowing Hotlines Under Fire in Europe ……. a French court issued an order prohibiting McDonald’s in France from continuing with their system on data protection grounds. ( Sarbanes Oxley and European data protection laws)