Forensic services & fraud news and resources

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September 14, 2023

A refresher on fraud and the responsibility for its detection

The opportunities, incentives, and rationalizations to commit fraud abound. Recall what the practitioner’s responsibilities are in an assurance engagement and be sure you are playing your part to ensure the work you do continues to help protect businesses and stakeholders.

August 1, 2023

Preventing fraud with internal controls: A refresher

CPAs at all levels can benefit from a review of the basic principles for stopping fraud inside an organization.

July 27, 2023

Fraud, football, and a viral video: A midsummer compilation

This episode is a midsummer look back at insights from selected 2023 podcast guests, from a Super Bowl CFO to the AICPA vice chair

July 24, 2023

Scams are surging in the summer, the IRS says

The IRS issued a warning for taxpayers to be wary of offers promising tax refunds or to “fix” tax problems, saying these emails or texts are part of a summer surge in tax scams.

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.

July 13, 2022

Pique students’ interest in the profession with forensic accounting

A promising career option provides exciting real-world context for accounting studies.

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.

December 1, 2021

Helping clients build a cyberattack recovery plan

CPAs can play critical roles in helping companies plan
their recovery from online attacks.

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.