CPAs providing services to elderly individuals play a role in protecting their clients from financial exploitation.
Regardless of the services they provide, CPAs can face professional liability claims asserting that they failed to detect a theft or fraud at a client organization.
Can you spot the red flags of an invoice scam? Test your knowledge in this month’s quiz.
Benford’s Law can help uncover indicators of fraud — and anomalies that arise from legitimate business practices.
Follow these do’s and don’ts for auditors when potential wrongdoing surfaces.
Aaron Beam, the former CFO at HealthSouth, discusses his tenure at the company and offers advice for professionals about fraud in this podcast episode with transcript from a 2018 conversation.
Guarding against money laundering is becoming increasingly challenging. These tips can help.
This month: Test your knowledge of the warning signs of investment scams.
Taking the time to research charities can help donors make certain that their donations are being used for the intended purpose.
See how much you know about these red flags.
A report from the Anti-Fraud Collaboration explores SEC findings to highlight the causes of fraud — and how finance professionals can stop it.
How familiar are you with AU-C Section 240, which describes an auditor’s responsibilities relating to fraud in an audit of financial statements? Take this quiz to test what you know.
The coronavirus pandemic has created special challenges for practitioners to consider related to fraud. In the current environment, smaller instances of fraud, many times immaterial to an audit, are now becoming significant and need additional attention.
Practitioners need to understand elder fraud and what to do when they find it.
Employers should be alert for fake claims amid a boom in fraudulent schemes.
Recent conference speaker John Hall, CPA, discusses tangible steps to build a “defensive wall” against fraud and ethics breaches.
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.