July 21, 2008
General
Last week, UBS America finally confessed that it had perpetrated a series of tax frauds which affects 19,000 US taxpayers. Richard Murphy questions whether this is the tip of the iceberg. He is right to do so. I was more interested in the controls aspect: “Our compliance system had failures, and misconduct appears to have [...]
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July 17, 2008
Cloud Computing/SaaS
In his weekly email newsletter I received today, John Stokdyk of AccountingWEB makes the statement: I’ve made a little hay myself with claims about the ‘new wave’ of mid-range software as a service systems that provide more than just online cashbooks, but after reading Nigel’s views on Xero, e-conomic and Liquid Accounts, it’s clear that [...]
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