Government


The Office of the Inspector General of the Department of Defense (DOD) launched a Web site that gives guidance on using internal controls to prevent or eliminate fraud, waste and abuse. “Fraud Indicators in Procurement and Other Defense Activities” provides common fraud indicators in contracting and other areas susceptible to fraud. It also provides tips on using data mining techniques and data analysis.

The guidance and scenarios on the site  highlight key Generally Accepted Government Auditing Standards requirements, overall DOD expectations and best practices. The scenarios describe situations and indicators related to some common fraud schemes that DOD auditors might encounter. The site’s home page is www.dodig.mil/Inspections/APO/fraud/Index.htm.

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.