Fraud: "Elementary, My Dear Watson"


The founder and chairman of the Association of Certified Fraud Examiners, Joseph Wells, wrote an insightful series, The Fraud Beat, for the JofA on the basics of fraud investigation in small businesses. “Sherlock Holmes, CPA,” ( and ) explains what it takes to gather evidence, interview witnesses and obtain a confession. In this two-part article Wells draws upon his years of experience to provide useful techniques and tools to neophyte fraud investigators by providing an example of a common purchasing fraud scheme and the steps that should be taken when conducting a fraud examination.

Patrice Schiano, CPA, consultant, Protiviti, New York


Year-end tax planning and what’s new for 2016

Practitioners need to consider several tax planning opportunities to review with their clients before the end of the year. This report offers strategies for individuals and businesses, as well as recent federal tax law changes affecting this year’s tax returns.


News quiz: Retirement planning, tax practice, and fraud risk

Recent reports focused on a survey that gauges the worries about retirement among CPA financial planners’ clients, a suit that affects tax practitioners, and a guide that offers advice on fraud risk. See how much you know with this short quiz.


Bolster your data defenses

As you weather the dog days of summer, it’s a good time to make sure your cybersecurity structure can stand up to the heat of external and internal threats. Here are six steps to help shore up your systems.