1938-05-27 — Page 2

PAGE 2-HONG KONG DAILY PRESS

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GENERAL

DANCE HOSTESS CHINESE BOOKKEEPING

WINS CASE

No Breach Of

Contract

Judgment for defendant, with

costs, was given by

the Pakne

· Judge, Mr. Justice &. E. Lindsell in Summary Court yesterday in the 'action brought by the Emporium

Ballroom against Hung Kook-lan," dance hostess, claiming $500. liqui- dated damages for alleged breach, al contract.

Plaintiffs' case ንሕጊ that the parties signed a contract, dated March 14 whereby defendant was to work for them for one month at 100. The contract, however, was not fulfilled. defendant hav-

FRIDAY,

MAY 27, 1938.

SYSTEM IN HONG KONG WAR ORPHANAGE FUND

NEEDS IMPROVEMENT

Suggestions Made By Mr. Thomas Le C. Kuen

INTERESTING DISCOURSE ON

"FRAUDS IN ACCOUNTS”

Speaking at the Hong Kong Y's Men's Club luncheon at the St. Francis Hotel yesterday on the Interesting subject of "Fraud in Ac- counts," Mr. Thomas Le C. Kuen, A.A.A.. A.1.I.S., declared that in Hong Kong the present Chinese bookkeeping system was in need of ing gone to work for the Capital radical improvement in many phases as there were more opportuni- Ballroom.

tles offered for frauds and falsification,

The defence was that there had never been such a contract and

that the terms mentioned therein were not those agreed upon.

Mr. H. L. Kwan appeared for plaintiffs, and defendant was re- presented by Mr. M. A. da Silva.

The speaker remarked that a system of bookkeeping must be devised that improves rather than abandons "a method which dated back as far as Confaelus and, secondly, a new method by inculeat- ing its utility in the minds of the younger generation of businesss men, should be advocated.

F

Mr. Le C. Kuen said.-

[Court was under the name of Luk One of the most interesting sub-Wu Kwal, or, in English, Green Mary Chu, dancing partner, told jects I have come across during Tortolse. It is not uncommon to the Court that she had been in my accountancy practice is that and, consistent with the local the employ of the Emporium of "Fraud In Accounts." Broadly practice, many accounts named Ballroom until the end of Febru-speaking, there are many kinds of Lau Kee, Wong Kee. Lee Kee, etc.. ary last. She was now working at fraud and swindles, many ways in and these, in the majority of cases, the Capitol.

which accounts may be. falsified, are Actitious and unscrupulously On the night of February 25 de- many kinds of false pretences and utised, if not for the purpose of fendant, who WILS 1

very good ather forms of trickery but I shall covering up personal loans, to con- friend of hers, visited her at the not bore you by discussing these real certain facts from outsiders Emporium and asked her to go to in detail at the. present moment. and creditors.

the Hotel Cecil the following day shall confine my talk to the gen- Although the use of such names for the purpose of discussing whe-eral types of frauds which are is not self fraudulent, opportani- ther business in the ballroom constantly met with in our ordin-ties are often given for frauds to question was good, as she "adary course of business so far as ac-be made to advantage. These sys- chly just returned from Singapore counts are concerned.

tems must be condemned if frauds

!

BEST FACILITIES

(Continued on Page 7)

DISCUSSIONS IN HOTEL

Before describing specific in- in accounts are to be minimised. She went to the Hotel a wold, stances, It is necessary to consider and after staying there for

the various motives for which ac- while. Fung Siu-ting and Kwan counts

As to cash payments, It is, how- are falsified and frauds ever, in connection with these that l'ak, yim, manager and accountant committed. All systematic fals the greatest facilities for fraud are respectively of the Emporium, ar neation of accounts must have afforded. Payments may be made rived Fung asked defendant to certain motives although these are to pay on actitious accounts and. rejoin the Emporium and after numerous

and the methods some discussion it was agreed that adopted are extremely varied. she was to work for only one Generally speaking, these mo- month at $150. Defendant signeditives are divided into two main the contracts - and undertook to classes, namely (1) with a view to start work on Saturday week.

concealing an absolute theft of After solicitors for both parties money or property; and (2) with a had addressed the Court. His view to concealing the true Crian- Lardship gave judgment for de-cal position of the bustness and fendant, saying: "Whatever may not for the purposes of misappro- be the whole truth of the negotla priation of funds. In every case tions between the parties. I am of fraud, there must be a definite entirely satisfied that one of the purpose and any person who falsi- material terms of the agreement fes accounts without an ulterior was that defendant should re- motive or a premature purpose is enter the services of plaintiffs atjelther a fool or a liar. some future date to be mutually; agreed between them. I am also satisfied that the future date was never mutually agreed upon. these reasons I find defendant is entitled to judgment."

WIRES STOLEN FROM GODOWN

For

EASIER TO DETECT

rat heading. these are generally As to frauds coming under the

much easier to detect. In 99 cases committed by employees and are

out of a hundred, frauds are made possible because of the lack of a proper system of internal check and accounting supervision. A cashier may in many ways conce I

Ng Cham, of No. 888 Canton cash received. If $300 cash is re- Road, and Tsang It, marine store ceived from a customer, he misy dealer, were summoned before Mr.

credit the customer's account Macfadyen at the Kowloon Court with $260 only and conceal the yesterday, with receiving 42.922 balance by making a false entry for discount and allowance He plculs of iron colls valued at

372.92, Mr. F. I. Zimmern appear-may also cover up embezzlement ed for the defence.

by using receipts of today to cover Det.-Sergt. Baldwin sald that up receipts of yesterday. This about 7.15 pm. on the April 3, the method of covering deficiency in godown at No. 51 Wa! Ching Street cash is found in common among was broken open and coils of iron all firms where a checking system wires. the property of a firm in is lacking. Shanghai, represented by the Globe In Hong Kong. I have found in Trading Company, were stolen.

On information received a raid was carried out on a godown it the end of Ting On Street and the wires were found.

The case has been adjourned.

TRAFFIC OFFENCE

many cases, when called upon to check the contents of the safe kept by the so-called Inner Accountant, the cash balance as shown in the Cash Book is invariable in fact re- presented by blank papers only. In one case, when I was Receiver at a locals leather company. I found that the cash balance as shown in the books should have Fines totalling $55 were imposed been about $15,000 whereas, in on a painter, Yam Ah-hing, 23. by fact, the actual cash in safe Mr. Edwards at the Central Court amounted to only $4.50. yesterday on charges of driving motor van No. T400 without a licence, without die care and In many cases, the Cashier will caution, and using a trader's and various excuses for never cence for a purpose other than for having his cash book written up a demonstration and having in-te date so as to render checking efficient brakes.

more dificult. In collusion with other staff members, cash sales and receipts from other sources, may also be falsified by the altera- tion of receipts and the deliberate. omission of entries in account books.

DOG WITHOUT MUZZLE

For having allowed her dog to go about without a muzzle or fead

VARIOUS EXCUSES

Another clever method of fraud „on May 4, Mrs' Bureaux of Somers to open a bogus seçount in the set Road, Kowloon Tong, was fined books. Goods are taken out from $10 by Mr. Barnett at the Kowloon time to time and charged to thin Court yesterday..

#UNCLAIMED

particular account. Money receiv-

ed from sale, of these goods le pocketed and, in order that sus- piciou may not be aroused over

58

this non-existent personal TELEGRAMS

count, the falsifier occasionally

The following unclaimed radio pays in a small eum, say $50 or telegrams are lying at the offices $100. This type of fraud is dim of Cable and Wireless, Ltd.

cult to detect and can only be dis Engelken A/B

Vanheutaz Coveted upon anal collection of Javalyn; Martha Lyen care Saint accounts. Georges Hotel; Miss Dorf, Glouces- I remember when I was liquida- ter Hotel; Snuggs, steamer Clevetor of one of the shipping com- land; Hendrickson,. President panies in Hong Kong. I came Cleveland; Ровісац Penhote; across this form of falalăcation by Gregor Magicled Armis; Eugene the passage manager. One of the White, Hong Kong Hotel

accounts produced

in

inotable

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