In all our lives there are areas that are quite public and other areas that are very private. We are happy to talk about some things in the public forum, but careful to talk about other matters only in the privacy of our home, or perhaps not at all. The line between the private and the public can vary between one person and another. Issues that some people might consider to be of legitimate public interest, others might regard as belonging exclusively in the private domain. We know more about some people than about others, and some are more open…
My 10 questions for our ICPAU Council Aspirants
Dear ICPAU Council Aspirant, Thanks for offering to serve on the Institute of Certified Public Accountants of Uganda (ICPAU) Council. I know 12 of you have offered to serve on Council, but there are only seven (7) seats available for election. This means ICPAU members in good standing as at the date of voting shall select only seven members. As a member of the Institute, we need the best candidate in terms of winning ideas and commitment to the accountancy profession to win. To win my vote, please tell us more about your agenda by answering the below questions: Would…
Dear Fraud Fighter
Welcome to 2020, a year of the coronavirus pandemic. Times of scarcity like these are fuel for fraudsters. As you have learned from your fraud examination training – pressure, opportunity, and rationalization — the Fraud Triangle — significantly influence someone to commit fraud. In pandemic times like these characterized by loss of income, many people are exploring ways of survival. The pressure on them is too much to bear. They are under lockdown at home and must find money to pay the bills and buy food. Any opportunity available, many are likely to take it. Because they have the reasons…
Are you a good chairperson?
I have worked with so many board and committee Chairpersons over the years. Some are great, others are a disaster. Whereas a few are seasoned and highly experienced, many others just found themselves in the roles and lack the leadership skills needed to win. The good news is anyone can be a great chair if they learn three simple skills – patience, focus and step back. Whether you are a chair of a simple party meeting or a board, you must invest in self-education and, training to acquire the essential skills needed to win in the role. Good chairs are…
Australia reports a massive cyber attack by a state actor
Canberra, 19th June 2020: A massive cyber-attack is spreading across the world, as it causes chaos in its wake. It has been reported in global online media that “On Friday, a massive wave of cyber-attacks swept across 99 countries, with cyber-security experts claiming it could be the biggest attack of its kind ever recorded.” The Australian media reported the following: “Prime Minister Malcolm Turnbull insisted that even if we are targeted, the government is prepared. We are continuing to monitor the situation closely and stand ready to deal with any cyber-security threat to Australia’s critical infrastructure,” he said through a…
Are your team members engaged?
Are you enjoying your role as a leader? When I was called to facilitate a bank’s strategy development retreat, my starting point was to assess whether the managers and top executives were engaged in terms of clarity of the vision and targets. First, the enterprise scorecard was not clear. Today, almost every organization has some form of a scorecard. However, when you carefully put light into it, no one understands it. Clarity of the targets, monitoring, measurement indicators, and responsibility are usually not clear and linked to the strategic pillars or key focus areas as they usually call them. The…
