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THE ACCOUNTING NOTES
Ignatius Daniel Devkalis
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What’s the difference?: Creative Accounting vs Fraud
If you were born before 2000, living in the US and are studying business majors, you might have heard accounting scandals like Enron or...
Ignatius Daniel Devkalis
Feb 14, 20213 min read
The Four Pillars Of Inventory Fraud
There are a lot of ways a company can illegally boost its financial performance. I will provide a brief explanation and a list of example...
Ignatius Daniel Devkalis
Dec 10, 20194 min read
MagnaChip's Cheap Practices
MagnaChip Semiconductor Corp (“MagnaChip”) is a Delaware Corporation based in Luxembourg. Its primary business is focused on...
Ignatius Daniel Devkalis
Nov 21, 20194 min read
Gol's Whole Goal of Internal Control
Gol Linhas Aéreas Inteligentes S.A., also known as Gol Intelligent Airlines is a low-cost airline corporation based in Sao Paulo, Brazil....
Ignatius Daniel Devkalis
Oct 30, 20196 min read
A Quandary In The Oil Factory
Genie Energy Ltd. is a corporation engaging in the energy sector, including natural gas, oil, and electricity. Headquartered in Newark,...
Ignatius Daniel Devkalis
Oct 10, 20194 min read
The Boom in Chinese Market of Fraud Companies
Over the last decade, China’s economy has been striving to reach the pinnacle of its economic growth. Rapid and significant GDP growth...
Ignatius Daniel Devkalis
Sep 18, 20195 min read
Pyramid Schemes: Sales Without Products
“Who doesn’t want easy money, right?” I said to my friend, “John” as he tried to recruit me as one of his sales comrades. “John” was a...
Ignatius Daniel Devkalis
Aug 29, 20195 min read
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