Money laundering, according to news accounts, is the world’s third largest business, a business so large that it is nearly impossible to even estimate the volume. The United Nations Crime and Justice Database describes the crime being officially recorded at national levels in more than 80 countries.
Auditing is much in the news these days, with Enron, WorldCom and other corporate scandals dominating the business pages. But auditing almost literally came with the founding of the country, according to research done by Dr. William Samson, Roddy-Garner Professor of Accounting in the Culverhouse College of Commerce and Business Administration and former president of the The Academy of Accounting Historians.
Hunt was Morgan’s advisor and mentor while Morgan was at TTU earning his doctorate, and together the two developed an article from Morgan’s dissertation. Morgan is pleased with the feedback his article has received, but is quick to point out that authoring the article wasn’t a solo project.
“The spark that caused the automobile manufacturing fire in this state was struck at The University of Alabama,” says Dr. Malcolm Portera, chancellor of The University of Alabama System.
Although there was earlier much dispute over whether, when and how President Bush knew about the September 11 attacks on America, Dr. Walter Enders, professor of economics and Lee Bidgood Chair of Economics and Finance in the Culverhouse College of Commerce and Business Administration, had his own theories well more than a year prior to that fateful day.