Fraud

Topics

July 1, 2023

What’s your fraud IQ?

Test your knowledge of ethics standards and how to properly administer and enforce ethics polices within an organization to promote ethical decision-making.

March 2, 2023

Won’t get fooled again: The who, what, and why of fraud

An accounting professor, speaker, author, and documentarian explains why some types of fraud perpetrators are viewed differently than others in this podcast episode with transcript.

January 20, 2023

Auditing best practices: What academic fraud research reveals

Complying with AU-C Section 240, Consideration of Fraud in a Financial Statement Audit, when conducting financial statement audits challenges practitioners’ professional skills and knowledge regarding identification, assessment, and response to fraud risks. Academic research reveals best practices for enhancing fraud-related financial audit performance.

November 1, 2022

Elder financial abuse: A true cautionary tale

CPAs providing services to elderly individuals play a role in protecting their clients from financial exploitation.

October 1, 2022

Fraud risk applies to all CPA firm services

Regardless of the services they provide, CPAs can face professional liability claims asserting that they failed to detect a theft or fraud at a client organization.

September 1, 2022

Using Benford’s Law to reveal journal entry irregularities

Benford’s Law can help uncover indicators of fraud — and anomalies that arise from legitimate business practices.

August 1, 2022

Fraud is suspected: Now what?

Follow these do’s and don’ts for auditors when potential wrongdoing surfaces.

June 28, 2022

From the archives: Lessons learned after a multibillion-dollar fraud

Aaron Beam, the former CFO at HealthSouth, discusses his tenure at the company and offers advice for professionals about fraud in this podcast episode with transcript from a 2018 conversation.

June 6, 2022

4 tactics for effective money-laundering compliance

Guarding against money laundering is becoming increasingly challenging. These tips can help.

May 1, 2022

What’s your fraud IQ?

This month: Test your knowledge of the warning signs of investment scams.

March 3, 2022

How to keep Ukraine donations safe from fraudsters

Taking the time to research charities can help donors make certain that their donations are being used for the intended purpose.

March 1, 2022

What’s your fraud IQ?

See how much you know about these red flags.

December 6, 2021

Mitigating the new fraud realities

A report from the Anti-Fraud Collaboration explores SEC findings to highlight the causes of fraud — and how finance professionals can stop it.

November 19, 2021

Diving deeper into smaller frauds due to COVID-19

The coronavirus pandemic has created special challenges for practitioners to consider related to fraud. In the current environment, smaller instances of fraud, many times immaterial to an audit, are now becoming significant and need additional attention.

November 1, 2021

When seniors are targeted in schemes

Practitioners need to understand elder fraud and what to do when they find it.

November 1, 2021

What organizations need to know about unemployment fraud

Employers should be alert for fake claims amid a boom in fraudulent schemes.

October 18, 2021

6 ways to make the entire organization care about anti-fraud efforts

Recent conference speaker John Hall, CPA, discusses tangible steps to build a “defensive wall” against fraud and ethics breaches.

August 5, 2021

Fraud advice and more on the value of client advisory services

A fraud expert shares advice for businesses on segregation of duties, unintended consequences of pandemic-related relief, and more.

June 28, 2021

Fighting fraud with business continuity planning

Preparation may be the best defense against fraud when disaster strikes.

April 23, 2021

How a church can prevent fraud without compromising its values

Religious organizations are vulnerable to fraud precisely because of the tenets of trust and forgiveness that define them, and the pandemic has led to increased risks. CPAs are in a position to advise churches on steps they can take to reduce fraud risk without compromising their principles.

FROM THIS MONTH'S ISSUE

Flip out with the latest Tech Q&A

The September Technology Q&A column shows how to create dynamic to-do lists with Excel's checkboxes and also how to set up multifactor authentication texts that don't rely on phones. Flip through both items and view a video walkthrough in our digital format.