Fraud

Know these basic business fraud warning signs

This article discusses some red flags experienced forensic accountants look for, and advice for ways to ferret out and prevent wrongdoing.

How the evolution of language affects fraud risk

This article explores the issues arising from changes in the way we communicate, and how these can affect CPAs as they try to spot and stop fraud.

Preventing elder fraud

By learning about the various types of elder financial abuse and getting to know clients’ families, CPAs can protect vulnerable clients from fraud.

What's your fraud IQ?

CPAs often collect, view, and store sensitive personal information about their clients and other individuals. How well do you know best practices for protecting personal data? Test your knowledge in this month’s Fraud IQ quiz.

Protecting against claims of failure to detect theft

A mismatch between the public’s perception of CPAs’ duties and their actual responsibilities can create professional liability risks.

AICPA report: Seniors increasingly targeted for investment fraud

Scams aiming to reach retirement accounts are becoming progressively more sophisticated.

Round numbers: A fingerprint of fraud

This article explains how CPAs can find round numbers in large data sets and when those numbers should raise concerns about possible fraud.

Report finds big fraud problems for small businesses

Occupational fraud continues to siphon staggering amounts of money from businesses worldwide, with smaller organizations being hit particularly hard.

Watch out for these fraud red flags

Howard Silverstone, a CPA who is a director at Forensic Resolutions Inc., shares some great stories about fraud — and explains the red flags that they help illustrate.

How to help clients avoid post-disaster donation fraud

CPAs can help their clients avoid falling victim to fraud ensuring donations are made to legitimate 501(c)(3) organizations.

Ways to stop elder financial abuse before it starts

This article looks at common schemes and ways CPAs can help their clients avoid becoming victims.

Fraud and fraudsters: A quick guide for CPAs

For all their sophistication, fraudsters have timeless motivations. This article shows how to know the profile and pursue bad actors.

Why the SEC says 'paid-to-click' arrangements may be scams

The SEC issued an investor alert warning of the dangers of “paid-to-click” scams perpetrated by fraudsters on the internet.

What’s your fraud IQ?

Do you know how fraud investigations work? Do you understand the scope, language, and purpose of such engagements? Test your knowledge in this month’s quiz.

What's your fraud IQ?

How much do you know about the foundational principles of an effective fraud risk management program? Test your knowledge in this month’s 5-question quiz.

Improving fraud controls in complex accounting areas

Recommendations are made for accounting policies and ICFR.

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.

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.

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.

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.