Fraud


FRAUD

The Treasury Department issues its 2001 National Money Laundering Strategy. As in the past, the plan warns of the negative roles lawyers, bankers and accountants can intentionally or unintentionally play in abetting criminal efforts to disguise unlawful income. But this year’s strategy also focuses on training lawyers and accountants to recognize and report potential signs of money laundering. Further, the plan calls for them to help law enforcement agencies and the financial industry better fight money laundering by making optimal use of information financial institutions are required to report to regulators. ( www.treas.gov/press/releases/docs/ml2001.pdf )

SPONSORED REPORT

Implementing a global statutory reporting maturity model

Assess your organization's capabilities and progress toward an ideal state of global statutory reporting. Sponsored by Workiva.

100th ANNIVERSARY

Black CPA Centennial, 1921–2021

With 2021 marking the 100th anniversary of the first Black licensed CPA in the United States, a yearlong campaign kicked off to recognize the nation’s Black CPAs and encourage greater progress in diversity, inclusion, and equity in the CPA profession.