Forensic services & fraud news and resources

TOPICS

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.

April 6, 2020

How CPAs can fight fraud in the COVID-19 pandemic

Coronavirus is an opportunity for fraudsters to take advantage of fear and confusion. Elizabeth Woodward, CPA/CFF, and Howard Silverstone, CPA/CFF, discuss how accountants can identify and prevent coronavirus-related fraud.

March 30, 2020

New options for small business bankruptcies

Changes went into effect in February to ease the burden for smaller businesses seeking relief through the bankruptcy process.

March 1, 2020

How to identify and report health care fraud

Health care fraud is an important and complicated challenge for clients. CPAs can be instrumental in helping clients detect, report, and prevent health care fraud.

FROM THIS MONTH'S ISSUE

Build reusable Skills in Anthropic’s Claude AI

Instead of rewriting prompts each time, CPAs can turn routine tasks into reusable AI Skills. This Technology Q&A walks through how to build Claude Skills that process files, ask setup questions, and export clean Excel outputs.