This case was written by David Wesley under the direction of Professor Henry W. Lane for the
purpose of class discussion. The authors does not intend to demonstrate either effective or ineffective
management.
Copyright 2009 Northeastern University, College of Business Administration
Version: 10.2012
ASIS ELECTRONICS
Peter Inge, controller for Asis Electronics, a subsidiary of a European-based
corporation, reviewed the contract for an order of transmitters for the ministry of
defense. Immediately, he noticed receipts totaling $6 million (approximately 20
percent of the total contract value) that did not seem to be attached to any equipment
or services provided by his company. Inge became concerned that Asis may have
over-invoiced the ministry and he approached the CFO about what to do. What plans
do you have with the surplus that is in our system? he asked. This topic is none of
my concern, the CFO replied.
Inge let the matter be for several months until he received the annual compliance
document for his signature. The form was part of an anti-corruption effort
implemented by Asis in the 1990s after a bribery scandal resulted in the convictions
of several high-level employees. The company also worked with the OECD on the
new , and it became a member of Transparency
International, a to reducing corruption around the
world. Many considered Asis to be one of the leading companies in the fight against
corruption. Asis encouraged its employees to report any irregularities to the
compliance department.
Every employee should be concerned with the good reputation of Asis in
each country. In all aspects of performing his/her job, every employee
must focus on maintaining the good reputation of, and respect for, the
Company.
To reduce concerns about potential repercussions for reporting irregularities, Asis
established protected communications channels that ensured confidentiality.
Inge read the compliance form and reviewed the
(see Exhibit 1), in particular sections 2 and 7, to see if he could find any guidance.
He wondered what he should do..
Page 2 *
Exhibit 1
Asis Anti-Corruption Handbook (Abridged)
Table of Contents
1 Gifts and hospitality
2 Payments for routine action (prohibited)
(prohibited)
4 Company charitable donations
5 Sponsorships
6 Intermediaries
7 Record keeping and accurate recording
8 Acquisitions, joint ventures and minority interests
2 Payments for routine action (prohibited)
What is this about and why is it an issue?
They are small payments made to lower-level government or private sector employees, as a personal benefit to them, to
secure or speed-up the performance of a routine action to which the payer is entitled. These are sometimes known as
facilitating payments. These are an issue because:
They are a form of corruption.
Payments for routine action are illegal in almost all countries.
Paying for routine government action could easily open the door to more serious issues of corruption.
What is the Asis policy?
Asis prohibits payments for routine action.
What does this mean in practice?
If you make a payment that could possibly be misunderstood as a payment to facilitate routine action, you must notify
your responsible Compliance Officer and make sure that it is properly documented and posted to the correct account.
Escalate to your responsible Compliance Officer when you encounter anything that looks like a request for a payment
to facilitate a routine action. Such practical problems do arise in everyday business in some countries, but there are
usually other ways that Asis can solve these kinds of issues.
Never attempt to disguise such a payment as something else. The penalties for disguising such a payment are much
greater than the penalties for making one!
How do I go about getting approval?
Approval will not be given.
7 Record keeping and accurate recording
What is this about and why is it an issue?
Books and records is a general term used in this guide to describe all business records. It includes accounts,
correspondence, memoranda, tapes, discs, papers, books and any other documents. It is important because the various
legal codes require that we maintain accurate and complete books and records. In order to combat corruption it is
important that transactions are transparent, fully documented and coded to accounts that accurately reflect their nature.
Attempting to conceal a payment can create a worse violation than the payment itself.
What is the Asis policy?
Asis books and records must be kept with reasonable detail and accuracy so that they correctly reflect all transactions.
All controls and approval procedures must be followed.
Asis books and records must not contain any false, misleading or other artificial entries.
What does this mean in practice?
Ensure that all your own transactions are fully documented, correctly approved and coded to the correct expense
description.
If you are aware or suspect that anyone is directly or indirectly falsifying the books and records or in any other way
attempting to disguise a payment, you must report your concern immediately to the Compliance Helpdesk Tell Us.
Are you busy and do not have time to handle your assignment? Are you scared that your paper will not make the grade? Do you have responsibilities that may hinder you from turning in your assignment on time? Are you tired and can barely handle your assignment? Are your grades inconsistent?
Whichever your reason is, it is valid! You can get professional academic help from our service at affordable rates. We have a team of professional academic writers who can handle all your assignments.
Students barely have time to read. We got you! Have your literature essay or book review written without having the hassle of reading the book. You can get your literature paper custom-written for you by our literature specialists.
Do you struggle with finance? No need to torture yourself if finance is not your cup of tea. You can order your finance paper from our academic writing service and get 100% original work from competent finance experts.
Computer science is a tough subject. Fortunately, our computer science experts are up to the match. No need to stress and have sleepless nights. Our academic writers will tackle all your computer science assignments and deliver them on time. Let us handle all your python, java, ruby, JavaScript, php , C+ assignments!
While psychology may be an interesting subject, you may lack sufficient time to handle your assignments. Don’t despair; by using our academic writing service, you can be assured of perfect grades. Moreover, your grades will be consistent.
Engineering is quite a demanding subject. Students face a lot of pressure and barely have enough time to do what they love to do. Our academic writing service got you covered! Our engineering specialists follow the paper instructions and ensure timely delivery of the paper.
In the nursing course, you may have difficulties with literature reviews, annotated bibliographies, critical essays, and other assignments. Our nursing assignment writers will offer you professional nursing paper help at low prices.
Truth be told, sociology papers can be quite exhausting. Our academic writing service relieves you of fatigue, pressure, and stress. You can relax and have peace of mind as our academic writers handle your sociology assignment.
We take pride in having some of the best business writers in the industry. Our business writers have a lot of experience in the field. They are reliable, and you can be assured of a high-grade paper. They are able to handle business papers of any subject, length, deadline, and difficulty!
We boast of having some of the most experienced statistics experts in the industry. Our statistics experts have diverse skills, expertise, and knowledge to handle any kind of assignment. They have access to all kinds of software to get your assignment done.
Writing a law essay may prove to be an insurmountable obstacle, especially when you need to know the peculiarities of the legislative framework. Take advantage of our top-notch law specialists and get superb grades and 100% satisfaction.
We have highlighted some of the most popular subjects we handle above. Those are just a tip of the iceberg. We deal in all academic disciplines since our writers are as diverse. They have been drawn from across all disciplines, and orders are assigned to those writers believed to be the best in the field. In a nutshell, there is no task we cannot handle; all you need to do is place your order with us. As long as your instructions are clear, just trust we shall deliver irrespective of the discipline.
Our essay writers are graduates with bachelor's, masters, Ph.D., and doctorate degrees in various subjects. The minimum requirement to be an essay writer with our essay writing service is to have a college degree. All our academic writers have a minimum of two years of academic writing. We have a stringent recruitment process to ensure that we get only the most competent essay writers in the industry. We also ensure that the writers are handsomely compensated for their value. The majority of our writers are native English speakers. As such, the fluency of language and grammar is impeccable.
There is a very low likelihood that you won’t like the paper.
Not at all. All papers are written from scratch. There is no way your tutor or instructor will realize that you did not write the paper yourself. In fact, we recommend using our assignment help services for consistent results.
We check all papers for plagiarism before we submit them. We use powerful plagiarism checking software such as SafeAssign, LopesWrite, and Turnitin. We also upload the plagiarism report so that you can review it. We understand that plagiarism is academic suicide. We would not take the risk of submitting plagiarized work and jeopardize your academic journey. Furthermore, we do not sell or use prewritten papers, and each paper is written from scratch.
You determine when you get the paper by setting the deadline when placing the order. All papers are delivered within the deadline. We are well aware that we operate in a time-sensitive industry. As such, we have laid out strategies to ensure that the client receives the paper on time and they never miss the deadline. We understand that papers that are submitted late have some points deducted. We do not want you to miss any points due to late submission. We work on beating deadlines by huge margins in order to ensure that you have ample time to review the paper before you submit it.
We have a privacy and confidentiality policy that guides our work. We NEVER share any customer information with third parties. Noone will ever know that you used our assignment help services. It’s only between you and us. We are bound by our policies to protect the customer’s identity and information. All your information, such as your names, phone number, email, order information, and so on, are protected. We have robust security systems that ensure that your data is protected. Hacking our systems is close to impossible, and it has never happened.
You fill all the paper instructions in the order form. Make sure you include all the helpful materials so that our academic writers can deliver the perfect paper. It will also help to eliminate unnecessary revisions.
Proceed to pay for the paper so that it can be assigned to one of our expert academic writers. The paper subject is matched with the writer’s area of specialization.
You communicate with the writer and know about the progress of the paper. The client can ask the writer for drafts of the paper. The client can upload extra material and include additional instructions from the lecturer. Receive a paper.
The paper is sent to your email and uploaded to your personal account. You also get a plagiarism report attached to your paper.
GET A PERFECT SCORE!!! 
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more