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NULL HYPOTHESIS: Fraud Can Be Avoided By Way Of Internal Controls & Balanced With Preventive, Deterrent & Detective Principles

ENEMIES OF INTERNAL CONTROLS 1. Deceitful & Immoral People 2. Time: Be Content, but not complacent (lazy)...always learn and grow. 3. Judgments : Observe, But Don’t Condemn Without Tangible Evidence 4. Over-anxious: authentic and honest people make mistakes and errors; Now use these mistakes and/or errors as LESSONS LEARNED. Historians have traced the roots of internal auditing to centuries B.C., as merchants verified receipts for grain brought to market. Any and all fraud risk assessments starts with an identification (i.e., who are you, your beliefs & values) and prioritization of fraud risks (i.e., don’t major on the minor) that exist in the business. The process evolves as the results of that identification and prioritization begin to drive education, communication, organizational alignment, and action around effectively managing fraud risk and identifying new fraud risks as they emerge. The fraud risk assessment should be reviewed periodically, but no l

GET WISDOM: "Executive Orders Are Not Constitutional; aka, but "Political Tools" for Governmental Actions

Executive Orders Are Not Constitutional, But Are Political Tools for Governmental Actions,                                                              Carried Out By Government Actors. “ {The President} shall take Care That The Laws Be Faithfully Executed.” This is government 101 and/or U.S. Constitutional prerequisites...this is the fundamental information you need to know to graduate from a U.S High School, at least I did. The Office of the President is an institution-not a person. Someone needs to let Mr. Donald John Trump; know this, we’ve figured out by now of his German ancestry; and most German-American who immigrated and/or migrated from Germany know this basic summary.  According to legal scholars and constitutional researchers explains that Executive orders, presidential memoranda, and proclamations are to be used extensively by Presidents to achieve policy goals, set uniform standards for managing the executive branch, or outline a poli

Chappelle's Show - Black Bush (ft. Jamie Foxx)...Political Distractions & Misdirection's Are Tools To Hide The Real Agenda: Going To The Moon!

COMICAL SATIRE IS USED IN THIS COMICAL  SCRIPT TO TALK ABOUT  HOW  POLITICAL  DISTRACTIONS ARE A TOOL FOR THE  REAL AGENDA         L   LEADING UP TO THE WAR IN IRAQ, AKA, PRESIDENT BLACK BUSH AGENDA 1.       REGIME CHANGE IS ABOUT BLACK GEORGE BUSH GOING TO WAR…BECAUSE SADDAM HUSSEIN TRIED TO KILL HIS FATHER! 2.       BRITISH INTELLIGENCE:  WEAPONS OF MASS DESTRUCTION; AKA, WMD’S-NOT ON MY WATCH! 3.       JAMIE FOXX AS TONY BLAIR…WE CAN’T TRUST THEM WITH WMD’S (SCRIPT)…WE DON’T KNOW WHAT HE HAS! 4.       PROOF FOR GOING TO WAR: ALUMINUM TUBES & YELLOW CAKE; AKA, URANIUM- (STAYING ON SCRIPT) Example:  Yellow cake is the ingredient for nuclear weapons  Yellowcake (also  called urania) is a type of uranium concentrate powder obtained from leach  solutions, in an intermediate step in the processing of uranium ores. It is a  step in the processing of uranium after it has been mined but before fuel  fabrication or uranium enrichment. 5.       THE INVASION IN IRAQ WAS FOR OIL ONLY! …

GET WISDOM: The Unjust Stewards versus the Just Stewards: A Thief Comes To Steal, Kill & Destroy

Economic Espionage versus Economic Activism SUMMARY: The Truth & Myths The SECURE Act; aka, The Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE Act) impacts nearly all types of employers and retirement plans.  As of January 2020, both the House and the Senate have considered legislation that addresses issues associated with tax-favored retirement plans. On May 23, the House passed the Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019, H.R. 1994. Chairman Grassley and Ranking Member Wyden of the Senate Finance Committee introduced the Retirement Enhancement and Savings Act of 2019, S. 972. The two bills have a number of similar provisions. GET WISDOM: Expanding And Preserving Current Retirement Savings  Sec. 101. Multiple employer plans; pooled employer plans. This provision would allow for open multiple employer plans sponsored by pooled providers. The pooled provider would be the named fiduciary and plan administrator under the E