Zeta Phi Beta Sorority IHQ Under Fire

[OhioCentaur]

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[mulattogyrl]

Originally posted by Erik P Conard
it would appear that those who got offended by the irony in my
post should chill out....you inject anger when you shouldn't. Duh.
I bet you are a marvel in conversation. Duh. Double duh.

Well I triple dog duh you. Now.

[CrimsonTide4]

Originally posted by mulattogyrl
Well I triple dog duh you. Now.

[ladygreek]

Originally posted by Wolfman
There is a "pressure" to aver to those in authority or a well-worn malaise born of the feeling that 'this is just the way things work'. Even thought these things go on in orgs. of all kinds, there are, I feel, some dynamics that are culturally ingrained in the African American community that have to be addressed, whether they be Greek orgs., churches, HBCUs,etc. in terms of this issue.

Trust me there are other cultures in which it is ingrained, too, e.g. Minnesota Nice. I have served on the boards of many nonprofit orgs and I teach a graduate school class on ethical decision making in nonprofit management. My students are 90 percent white as are their orgs--and they face the same issue.

For nonprofits, it is the dynamic of a volunteer board and a paid CEO--and race has nothing to do with it.

[ladygreek]

Originally posted by OhioCentaur
Flat out there isnt any confusion to what i just said. Yes the comment wasnt that big of a deal BUT its the implications and the fact that he made it stretch to all who wear the letters and not just those who did the deed.

And you fell for the bait. When you have been on here a little while longer you will understand.

[kddani]

http://www.wjla.com/news/stories/0206/302727.html

There's a federal grand jury investigation now.

[kddani]

Another follow up: http://www.wjla.com/news/stories/0206/303134.html

[alum]

A similar story was discovered by WJLA regarding the Teacher's Union in DC. HUGE credit charges fro personal items! WJLA should be commended for bringing such theft to the public forum.

http://www.wjla.com/news/stories/0805/256451.html

[Tippiechick]

Originally posted by Erik P Conard
those crooked Zeta girls were probably democrats anyway.

Wrong Zeta, assmunch. If you want to insult me just get some cojones and do it outright. Don't try to be cute by hiding it in a random thread that you KNOW is about Zeta Phi Beta and NOT Zeta Tau Alpha...

Again, you know what you are doing. Remember the, "You are an embarassment to America" comment you made about me because I said something to someone else who was trashing several things including Hillary Clinton? Yeah. So, don't play dumb. I know what you are up to old man. Roll back to the cafeteria. I hear they are serving pudding to you toothless, crusty, old men.

[kddani]

Another follow up:
http://www.wjla.com/news/stories/0206/305103.html

According to this, the March of Dimes has "SUSPENDED ITS FUNDING OF ALL ZETA CHAPTERS NATIONWIDE UNTIL IT GETS A FULL ACCOUNTING OF THE SORORITY'S EXPENDITURES. "

March of Dimes funds ZPhiB chapters?????

[OleMissGlitter]

Originally posted by kddani
Another follow up:
http://www.wjla.com/news/stories/0206/305103.html

According to this, the March of Dimes has "SUSPENDED ITS FUNDING OF ALL ZETA CHAPTERS NATIONWIDE UNTIL IT GETS A FULL ACCOUNTING OF THE SORORITY'S EXPENDITURES. "

March of Dimes funds ZPhiB chapters?????

Interesting, are there any Zeta's on here who can fill us in on the funding the March of Dimes provides chapters?

[Honeykiss1974]

Zeta Phi Beta runs a program nationally called "The Storks Nest" in conjunction/partnership with the March of Dimes.

http://www.zphib1920.org/signature_p...torksnest.html

[ladygreek]

Originally posted by Honeykiss1974
Zeta Phi Beta runs a program nationally called "The Storks Nest" in conjunction/partnership with the March of Dimes.

http://www.zphib1920.org/signature_p...torksnest.html

It sounds like a wonderful program. Too bad it will be the service recipients who will really lose if the MoD cuts funding permanently.

[Rain Man]

Originally posted by moe.ron
Just wondering, shouldn't be there a yearly audit done by an independent firm?

In this case, unless the auditor was really saavy in the area of forensic (fraud) accounting or there was something really unusual on the books which jumped out at him/her, whether or not an audit was done would largely be irrelevant. Here's why:

Contrary to popular belief, audits ARE NOT specifically designed to detect fraud and other acts of defalcation. Audits are intended to determine whether the financial statements presented were done with reasonable assurance that they were presented in accordance with GAAP (Generally Accepted Accounting Principles).

Audits work with figures that are ON the books, not figures that are or could possibly be OFF the books. So if the leadership was siphoning off funds for personal use which never hits the books, it would be unlikely that the auditors would catch it, because it goes outside the scope of their duties to do so. If fraud is detected, they are obligated to report it to management, but the operative word is IF.

Under these circumstances, a special forensic audit would need to be done to determine the scope and extent of fraud that was occuring in the organization. This audit would employ special tools and techniques that a regular financial statement audit would be much less likely to detect.

*man I wish this was a CPA exam question, cause I would've nailed it to the wall without breaking a sweat.*

[kddani]

Update:
http://www.wjla.com/news/stories/0206/301191.html