Ankit ManglikMay 23, 20191 minPetrol Pump FraudWith the number of distractions we have today, all it takes is a 2 second distraction at the right time for the petrol pump attendant to ...
Ankit ManglikMay 20, 20191 minData Analysis leads to Catching a Thiefunknown source. After getting reports of robbery on trains, Government Railway Police (GRP) recently analysed passenger data on trains w...
Ankit ManglikApr 8, 20162 minStartups need to focus on the Unsexy – It can make or break themCash is King! People say. That’s the more true in the startup world than anywhere else. Having cash in your bank account ensures that you...
Ankit ManglikSep 28, 20151 minDid the Internal Audit department of VW warn the management?A recent internal audit at VW in response to the scandal revealed that that Bosch (the company that supplies electronics to the auto indu...
Ankit ManglikSep 13, 20151 minFalse Revenue in the books is an ongoing riskRecently shares of chipmaker Marvell plummeted on Friday after the company said it was unable to file its quarterly earnings results on t...
Ankit ManglikSep 5, 20151 minShould you use Tiger Teams in your Audit function?A Tiger Team is a team of highly paid experts typically sent in to solve impossible to solve point problems. The problem with the concept...
Ankit ManglikJun 19, 20151 minDo we need audits?Should companies eliminate audits? A interesting viewpoint by Fortune.com The current system for analyzing and auditing companies’ intern...
Ankit ManglikApr 13, 20151 minRisk from Mobile ApplicationsAs communication channels are opening up and smart phones are gaining popularity, hackers are taking advantage of people forwarding messa...
Ankit ManglikApr 12, 20151 minWant to experience the challenges a CIO faces in managing information security issues???Today IT security is becoming more and more important and its hard for someone with no technical background to really get their heads aro...
Ankit ManglikApr 4, 20152 minDon’t Forget about Small DataRecently, big data has become a buzzword, or catch-phrase, about analysing massive amounts of structured and unstructured data. I am unde...
Ankit ManglikMar 1, 20152 minLearning to see the Big PictureI saw an interesting video on TED today on How art can help you analyze – Amy E. Herman. In the video Amy talks about how learning to ana...
Ankit ManglikFeb 21, 20151 minCompanies (Indian Accounting Standards) Rules, 2015 (released on 15th Feb 2015)MCA has issued Companies (Indian Accounting Standards) Rules, 2015 under the powers conferred by section 133 read with section 469 of the...
Ankit ManglikFeb 21, 20151 minWhistle Blowing to external partiesVs Raising Concerns to the Internal Audit teamA recent article on Sydney Morning Herald “Whistleblower’s NAB leak reveals persistent bad behaviour in financial planning, fuels royal ...
Ankit ManglikFeb 18, 20151 minSupply Chain AuditsSupply chain professionals do lots of supplier audits. They ask about quality standards, IP data protection, manufacturing process certif...
Ankit ManglikFeb 2, 20153 minIs your risk manager helping you maximize revenue?Studies show that companies lose between 2% to 5% of profits due to revenue not billed or accounted for. This is shocking since the compa...
Ankit ManglikJan 16, 20152 minWho really wants an independent Internal Auditor?The Institute of Internal Auditors Guidance Standard 1100 – on Independence and Objectivity states that “The internal audit activity must...
Ankit ManglikJan 14, 20151 minCorporate frauds rose by over 45 per cent in India in the last two years – Is your Internal AuAs per a recent article in Economic Times Corporate frauds rose by over 45 per cent in India in the last two years and the lurking risk h...
Ankit ManglikJan 14, 20151 minReport: Independent commission didn’t allow independent auditingThe top internal auditor for a state agency that has a say in your electric bill might have had to choose between keeping a job and telli...
Ankit ManglikJan 12, 20151 minInternal report helped Mexico to gets green light: DOT ‘opening door’ to cross-border truckingLess than a month after an internal audit concluded a pilot program lacked enough participants to be statistically conclusive, the Dept. ...
Ankit ManglikJan 12, 20151 minInternal Audit touches Football AssociationsInternal Audit findings were used by Prince Ali to create the basis for the banning for life from involvement in professional football of...