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Forensic Accountant

Adventures of a Forensic Accountant

The forensic accountant, a relatively new breed in the profession, seems to lead a varied and interesting life.  Some of them like to call themselves “accountants with guns.”  These are the intrepid accountants who work for a government agency and actually train at Quantico.  They may work for the DEA where during the day, they…


Bitcoin as Electronic Currency

Exit the dollar, the euro, etc.  Not so fast!  Non-governmental currencies have existed before; however, an unregulated virtual currency is something new and different.  Bitcoin is a cryptocurrency that was created in 2009 by a computer scientist known only under the pseudonym Sutoshi Nakamoto.  Bitcoins are not held in bank accounts but in digital wallets…

Financial Crisis

Dealing with the Economic Crisis

The ongoing global economic crisis, if not addressed promptly, has the potential to further destabilize the existing world political and social order.  As History shows, continued public discontent during economic and financial crises often provides a fertile ground for both revolutions and extremist movements. The recent Arab revolts owe as much to the current economic…


Expert Power & Information Technology Specialists

In his classic treatise “Power In and Around Organizations” (Prentice-Hall, 1983), Henry Mintzberg describes three types of power in organizations – formal, informal, and expert. FORMAL POWER is power derived from one’s rank in the organization.  A division director has more formal power than a departmental manager and less than the corporate vice-president. INFORMAL POWER…





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