Belgian software maker Lernout & Hauspie says its
Korean division faked $100 million in revenue and assigned staff to
pose as customers, deceiving its auditors (ftp://ftp.lhsl.com/b
ports/KoreaReport.pdf).
Fraud
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States look to unclaimed property for revenue
This free report outlines the escheat process, common types of AUP, how different states are handling it and how companies can plan for potential audits and liabilities.
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Using drones to enhance audits
Hermann Sidhu, CPA, global assurance digital leader at EY, walks us through EY’s exciting new project to use drones to help audit large warehouses and outdoor inventories.
From The Tax Adviser
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