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.
CPAs can help their clients avoid falling victim to fraud ensuring donations are made to legitimate 501(c)(3) organizations.
This article looks at common schemes and ways CPAs can help their clients avoid becoming victims.
For all their sophistication, fraudsters have timeless motivations. This article shows how to know the profile and pursue bad actors.
The SEC issued an investor alert warning of the dangers of “paid-to-click” scams perpetrated by fraudsters on the internet.
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.
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.
Recommendations are made for accounting policies and ICFR.
Here are seven steps small and medium-size companies can take to prevent fraud in the procurement-to-pay process.
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.
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 are well-developed, and domestic coordination to prevent money laundering and terrorist financing is sophisticated and has improved over the past 10 years.
Do you know what steps your organization should take to guard against bribery and corruption schemes? Test your knowledge in this month’s Fraud IQ quiz.
These tips can help reduce risk and the amount spent on accounts payable functions.
Small and midsize companies can use these four ways to detect or prevent this fraud.
Developing a transparent anti-fraud culture and conducting periodic risk assessments are important steps for organizations in deterring fraud.
How well do you know how to develop an employee handbook that lays the foundation for effective fraud-reduction efforts? Test your knowledge in this month’s quiz.
International efforts to deter financial crime rely on CPAs to be vigilant and perform critical roles.
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.
All organizations issue payments for expenditures, whether inventory purchases, repairs and maintenance expenses, utilities, or contract services. How well do you know the warning signs and preventive strategies for check and electronic payment tampering? Test your knowledge in this month’s interactive quiz.