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Lessons in internal control lapses from major fraud cases

Learn how lapses in segregation of duties contributed to two major embezzlement cases highlighted in the latest Eye on Fraud report. This podcast episode breaks down how internal control gaps emerge — and what organizations can do to strengthen oversight and reduce fraud risk.

Accountability the ‘No. 1 thing’ and other reflections from Bill Reeb

Former AICPA Chair Bill Reeb, CPA/CITP, CGMA, shares how he was drawn to becoming a CPA, along with advice on change management and succession planning. Reeb explains how momentum, the ability to face fear, and the prioritization of long‑term vision over short-term efficiency can shape effective leadership.

Are CPA firms ready for the next wave of data security threats?

An author of the JofA’s Professional Liability Spotlight column explains the importance of engagement letters for CPA firms and previews the January column’s focus on client bankruptcy. Listen to the episode or read the Q&A with Sarah Ference, CPA.

Why 2026 is another ‘big tax year’

Get an inside look at the AICPA’s tax advocacy focus, including improving taxpayer service and shaping IRS processes for a smoother filing season. Listen to the podcast episode or read the Q&A with the AICPA’s vice president–Tax Policy & Advocacy.

FROM THIS MONTH'S ISSUE

Promises of ‘fast and easy’ threaten SOC credibility

CPAs who provide Service and Organization Control (SOC) examinations warn that an ongoing push for high-volume SOC services may come at the cost of quality and objectivity.