Forensic services & fraud news and resources

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May 1, 2017

Do you really know where the money’s going?

Here are seven steps small and medium-size companies can take to prevent fraud in the procurement-to-pay process.

April 1, 2017

Using Excel and Benford’s Law to detect fraud

This Technology Workshop shows how to use Microsoft Excel to determine whether the numbers in a data set follow Benford’s curve or point to possible malfeasance.

March 16, 2017

How to improve fraud controls in complex accounting areas

It stands to reason that accounting areas that are highly subjective and complex also are prone to fraud, errors, and breakdowns in internal controls.

December 1, 2016

U.S. anti-money laundering regulations well-developed, analysis finds

U.S. anti-money laundering regulations are well-developed, and domestic coordination to prevent money laundering and terrorist financing is sophisticated and has improved over the past 10 years.

November 1, 2016

Boost the bottom line with accounts payable best practices

These tips can help reduce risk and the amount spent on accounts payable functions.

November 1, 2016

How to stop expense reimbursement fraud

Small and midsize companies can use these four ways to detect or prevent this fraud.

October 24, 2016

Don’t fall victim to the newest phishing scam

Scam perpetrators can mine crucial information from executives’ public profiles on social media.

September 29, 2016

Fraud risk management guidance updated by COSO

Developing a transparent anti-fraud culture and conducting periodic risk assessments are important steps for organizations in deterring fraud.

September 1, 2016

Money laundering: Combating a global threat

International efforts to deter financial crime rely on CPAs to be vigilant and perform critical roles.

July 1, 2016

Andrew Mintzer, CPA/CFF, CGMA

Andrew Mintzer, CPA/CFF, CGMA, a principal in the forensic and financial accounting services group at Hemming Morse LLP in Los Angeles, says auditors may detect material misstatements caused by fraud if they keep asking questions when they find that things don’t look right.

May 1, 2016

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.