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About Meena Chockalingam

Meena is an expert in Forensic Audit, FCPA investigations, data analysis, compliance and fraud prevention with over 6 years experience within PricewaterhouseCooper's Risk and Fraud Consulting Practice.
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Recent Posts

Webinar:  A Journey to the Darkside - A Real World Story of International Bribery

October 08, 2017 / in FCPA / by Meena Chockalingam

What actually happens on the front lines of international business trips?

 

From the Panama papers corruption to FIFA bribery, the headlines are full of stories of allegations and investigations of bribery and mega scandals. Rarely do we get a chance to hear the story from the individual that gave the bribe.

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Where to begin with GDPR Compliance: The Clock is Ticking

August 02, 2017 / in Compliance, GDPR / by Meena Chockalingam

Data is often a company’s most critical asset. Businesses globally are collecting increasing amounts of data on customers and partners so they can be more competitive in the marketplace. In the European Union (EU), over 90% of citizens say they want some data protection rights across the EU, regardless of where their data is processed. But why?

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Corporate Culture and Ethical Behavior: Leading by Example

May 16, 2017 / in Fraud / by Meena Chockalingam

In our last post, we saw how tough it can be to differentiate between misconduct and genuine human error when it comes to corporate fraud. The key to preventing such situations is to create a strong and ethical company culture.


It’s the people that make a business successful.

Honesty and integrity are at the forefront of every great corporate culture. Whether it’s being left out of a team outing or excluded from key business meetings, no one wants to feel out of the loop or unimportant.

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Mistake vs. Misconduct: Who's to blame when accidental expense fraud occurs?

May 02, 2017 / in Fraud, T&E Fraud / by Meena Chockalingam

Blame it on sticky fingers, late nights, or month end deadlines. Employee misconduct can sometimes just be an honest mistake. Yes, there are instances when the misconduct is intentional, and it happens again, and again, and again...until it becomes headline worthy.


But the typical instance of accidental expense fraud isn't so clear cut

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Can you Spot Fraudulent Receipts?

April 18, 2017 / in Fraud, T&E Fraud / by Meena Chockalingam


When you’re sifting through hundreds of receipts and come across a questionable one - how can you confidently confirm it’s fraudulent? What gives it away?

Long gone are the days of picking up blank receipts from a cabbie. With the advent of technology, fabricating receipts has never been easier.

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Manager Approval Process For T&E - Useless or Useful?

I once sat in an interview with a Manager who told us, step by step, his process to approve his team’s expense reports. His story went something like this: his team would place their completed expense reports in his desk drawer throughout the month. On the last weekday of each month, the Manager would take out the stack of expenses and gear up his ink pad and rubber stamp with his name. He created the rubber stamp process because he was tired of signing each and every expense report by hand. He would spend no more than 15 seconds reviewing and approving each expense report. Then, he would walk the expense reports to the Accounting Manager for reimbursement.

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Think your External Auditors will sniff out fraud? Think not!

April 05, 2017 / in Fraud, Compliance / by Meena Chockalingam
When a company uncovers internal fraud, their first question is ‘Why didn’t the auditor catch that?’ The simple answer, is that the purpose of an audit is not to detect fraud and companies are misunderstanding the nature of an external audit.

 

According to a 2016 ACFE Report, 82% of companies utilize annual financial audits as a common anti-fraud control

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Proactive Fraud Detection: The Future is Artificial Intelligence (Part 2)

March 30, 2017 / in Compliance, T&E Fraud / by Meena Chockalingam

 

 A recent 2016 report shows an astonishing 37% of companies still rely on managing their T&E with paper and Excel. Many of these companies may not realize they’re relying on the same manual expense review and sample testing procedures they used a decade ago. What you’re left with are loopholes that can put a company at great risk, both financial and reputational, due to a reluctance to change.  

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Proactive Fraud Detection: The Future is Artificial Intelligence

March 28, 2017 / in Compliance, T&E Fraud / by Meena Chockalingam

Your long awaited family camping trip comes around. You've just earned a weekend away from Excel after closing the month-end books. Only a handful of errands are left between you and roasting s’mores at the campsite - just pick up a first aid kit and some batteries. You turn on the ignition and the 'check engine' light comes on. Gasp! There’s a sinking feeling in the pit of your stomach.

 

The timing is terrible. (Isn’t it always?) We’ve all been there. You may not have realized it, but a business expense management program is just like auto maintenance -- 

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