Forensic services & fraud news and resources

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January 11, 2021

Developing a strong fraud-mitigation program

This article suggests practices that can aid in creating an effective fraud-mitigation plan.

January 1, 2021

5 things CPAs need to know about bankruptcy

Examine aspects of bankruptcy, including whether a CPA is likely to get paid and steps that a business can take when dealing with a bankrupt customer.

January 1, 2021

Robert Beranger, CPA/CFF

The coronavirus pandemic is presenting new challenges to CPAs related to fraud, according to forensic accountant and former Treasury special agent Robert Beranger, CPA/CFF.

December 23, 2020

Financial fraud risks to watch for amid the pandemic

CPAs need to be especially watchful for fraud amid the severe financial pressures associated with the coronavirus pandemic.

December 7, 2020

Emergence through fresh-start reporting

As an entity moves through the bankruptcy process, it must meet certain criteria to qualify, upon emergence, for fresh-start reporting under FASB ASC Topic 852, Reorganizations.

December 2, 2020

Auditing fraud risk during a pandemic

Fraud risk in the financial statements has been elevated amid the coronavirus pandemic. Here’s what practitioners need to know as they audit the risks of fraud during their engagements.

December 1, 2020

Remote forensic interviews

Careful preparation and precise camera positioning can maximize the effectiveness of remote forensic interviews.

October 5, 2020

COVID-19 challenges to forensic accounting

This article discusses some of the unique challenges, and opportunities, for forensic accountants in the COVID-19-altered economy.

October 1, 2020

Becoming a fraud fighter

CPAs can take steps to minimize the danger in a time of heightened fraud risks.

October 1, 2020

Spotting fraud during the bankruptcy process: Top red flags

CPAs will need to be vigilant to see these warning signs of fraud as post-pandemic bankruptcies begin to rise.

August 1, 2020

What’s your fraud IQ?

How prepared are you to deal with coronavirus-related fraud?

July 17, 2020

IRS updates annual Dirty Dozen tax schemes for 2020

The IRS issued its top 12 “Dirty Dozen” tax scams, warning people to be vigilant to avoid these schemes all year round. New to the list is the “offer in compromise mills.”

July 9, 2020

Becoming a fraud fighter

By developing an investigative mindset, CPAs can make themselves indispensable during this trying time.

June 29, 2020

5 ways accountants can track cryptocurrency

This article discusses how accountants can spot the telltale sings that increasingly mainstream virtual currencies are being used to squirrel away illicit funds.

June 19, 2020

Heading off Paycheck Protection Program fraud

Accountants can play a role in making sure the money set aside to help small business goes to the right places.

June 1, 2020

When business owners defraud their partners

Look out for these telltale signs that a co-owner is misusing the business’s funds.

June 1, 2020

Forensic accountants team up to fight elder abuse

Forensic accountants play a key role in an innovative approach to combating elder financial exploitation in a program that is spreading nationally.

May 29, 2020

Protecting seniors from COVID-19 fraud

CPAs can help thwart bad actors from cashing in on seniors during the global pandemic.

May 28, 2020

Social Security fraud boosted by COVID-19 fears

CPAs can spread the word on the newest version of a longtime fraud ploy.

May 12, 2020

Be wary of charity requests in wake of COVID-19

Accountants can remind clients of bad actors who pop up in times of crisis.

FROM THIS MONTH'S ISSUE

Corporation’s officer held personally liable for its taxes

A corporate officer who facilitated an insolvent company’s transfer of assets to private creditors while knowing of an outstanding federal tax debt was held personally liable for the taxes owed.