SMU Associate Professor of Accounting Leong Kwong Sin noted that the Commissioner of Charities (COC) findings cover various types of “misdeeds” ranging from the obvious wrongs – such as falsification of records – to the bypassing of due process, and “forgetting that ‘self-interest' has to be explicitly separated from organisation's interest”. “The last is sometimes ambiguous because it is so easy to convince oneself that ‘If what is good for me is also good for the organisation, then it should be okay',” he said. “But it is not…unless it is decided by the independent stakeholders of the organisation.” Mr Leong was commenting on the City Harvest Church saga on the misappropriation of church funds.
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TODAY
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