A fraud expert shares advice for businesses on segregation of duties, unintended consequences of pandemic-related relief, and more.
Preparation may be the best defense against fraud when disaster strikes.
Religious organizations are vulnerable to fraud precisely because of the tenets of trust and forgiveness that define them, and the pandemic has led to increased risks. CPAs are in a position to advise churches on steps they can take to reduce fraud risk without compromising their principles.
Internal controls need to be front and center, as the COVID-19 crisis has increased the incentive and opportunity for fraud.
Even in difficult economic times, it’s important to keep up the processes and controls that prevent fraud.
Fraud risks have increased as a result of the coronavirus pandemic. A new report by the Anti-Fraud Collaboration provides strategies for mitigating those risks.
This article suggests practices that can aid in creating an effective fraud-mitigation plan.
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.
CPAs need to be especially watchful for fraud amid the severe financial pressures associated with the coronavirus 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.
This article discusses some of the unique challenges, and opportunities, for forensic accountants in the COVID-19-altered economy.
CPAs will need to be vigilant to see these warning signs of fraud as post-pandemic bankruptcies begin to rise.
CPAs can take steps to minimize the danger in a time of heightened fraud risks.
Forensic accountants play a key role in an innovative approach to combating elder financial exploitation in a program that is spreading nationally.
Look out for these telltale signs that a co-owner is misusing the business’s funds.
Examining the key financial accounts and expense categories flagged in SEC enforcement actions can help companies reduce fraud risks.
This article explains how CPAs can find round numbers in large data sets and when those numbers should raise concerns about possible fraud.
International efforts to deter financial crime rely on CPAs to be vigilant and perform critical roles.
For most CPAs, a lunch with clients is hardly a life-threatening experience. It’s different when you’re an undercover FBI agent posing as an accountant whose clients are mob bosses.
How well do you know how to prevent, detect, and respond to data breaches? Find out in this month’s Fraud IQ quiz.