Fraud


FRAUD

The Treasury reports a sharp rise in the frequency of identity theft—for example, fraudulent use of Social Security numbers to obtain loans for buying luxury cars—and offers tips on how to detect suspicious financial activity and notify the appropriate authorities ( www.treas.gov/fincen/sarreview06182001.pdf ; www.treas.gov/fincen/sarreview2issue4web.pdf )

PODCAST

What’s next for potential CPA licensure changes

A new model proposed by NASBA and the AICPA is designed with an eye on the future for newly licensed CPAs. The AICPA's Carl Mayes, CPA, provides background on the project and a look ahead to 2020.

VIDEO

What RPA is and how it works

Robotic process automation is like an Excel macro that can work on multiple applications, says Danielle Supkis Cheek, CPA. RPA can complete routine, repetitive tasks such as data entry, freeing up employee time from lower-level chores.