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Scam of the century?
SCAM. It’s a good name for a credit card fraud scheme hatched in an east London underground car park. It’s a stupid name for an online audit teaching software package.
This obvious fact, however, seems to have eluded the brilliant minds at ICAS and the Scottish Accountancy Trust for Education and Research who somehow (not even TS could drink enough to come up with this one) had an epiphany that SCAM would be the perfect title for, yes, a new online audit teaching software programme.
The software has created a virtual supermarket called SCAM plc.
Students are provided with various details of this ‘company’ and then
have to conduct an imaginary audit based on this information.
TS has to wonder whether the audit students will have to uncover some
kind of carousel fraud chain. Even though deliberate problems are in
the accounts for students to spot, the name is still the most bizarre
TS has come across.
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