Accounting

fedex-boeing-727-200C1

January 11, 2013 

FedEx donates Boeing 727 to College Aviation Science program

FedEx Express has donated a Boeing 727-200F to California Baptist University for use by its new aviation science program. The cargo jet made its final taxi today after landing at the Riverside Municipal Airport. The aircraft will be on permanent display at the airport and will provide a working laboratory for aviation science students.

 KPMG’s Audit Committee Outlines Top Priorities for Audit Committees in 2013

January 11, 2013 

KPMG’s Audit Committee Outlines Top Priorities for Audit Committees in 2013

KPMG’s Audit Committee Institute recently published its “Audit Committee Priorities for 2013.” The agenda aims to help audit committees remain focused on their top priorities and meet the governance challenges they will face this year. “The audit committee’s agenda is not getting any lighter,” notes Dennis T. Whalen, ACI’s Partner in Charge and Executive Director....…

 Salaries for internal auditors rising

January 10, 2013 

Salaries for internal auditors rising

Aalysis reveals that an increased number of internal auditors will receive raises, specialized skills and certifications yield higher salaries, and employers are increasing their focus on work-life balance.

 2012 was safest year for air travel since 1945

January 9, 2013 

2012 was safest year for air travel since 1945

Anyone with a fear of flying should consider this before boarding their next flight: Last year, there was roughly one fatal airliner crash for every 2.5 million flights. Indeed, 2012 was the safest year for air travel since the dawn of the jet age in 1945, according to recently released data from the Aviation Safety…

 Final defendant sentenced in mortgage fraud scheme

January 8, 2013 

Final defendant sentenced in mortgage fraud scheme

The final defendant in a massive mortgage fraud scheme learned her fate Monday morning. Angie Cachu, 45, was sentenced by Kern County (CA) Superior Court Judge Colette M. Humphrey to a year in jail and five years’ felony probation. Her attorney, Joe Whittington, had asked if Cachu could just be sentenced to six months in...…

 Wisconsin bank auditor to admit to embezzling $100,000

January 8, 2013 

Wisconsin bank auditor to admit to embezzling $100,000

A former bank auditor has agreed to plead guilty in federal court to embezzling $100,000 and faces time in prison, according to court records. West Allis, Wisconsin, accountant Denise A. Lewandowski signed a plea agreement late last month admitting she stole from her employer, Securant Bank & Trust in Milwaukee. She is set to appear...…