Examining the key financial accounts and expense categories flagged in SEC enforcement actions can help companies reduce fraud risks.
A new type of scam is snaring unwitting victims into money laundering schemes. Accountants are in a unique position to spot the early warning signs.
Do you know how to use publicly available documents to uncover fraud? Take this month’s Fraud IQ quiz and find out.
The AICPA issued new professional standards for members who perform forensic accounting services engagements.
Sheryl Madden, CPA, CGMA, the deputy CFO and controller at The Kresge Foundation in Troy, Mich., says that effective leaders focus on serving others and encouraging them to set goals that bring about positive change.
What’s at the heart of fraud incidents? Opportunity is one angle, but so is rationalization, according to a university professor who has studied fraud through documentary filmmaking.
How good are you at spotting red flags that may indicate fraud in a small business? Take this month’s Fraud IQ quiz and find out.
Fraud prevention doesn’t need to be complex. In fact, a few simple steps can help organizations of any size be better at fighting fraud.
How good are you at spotting red flags that may indicate contract and procurement fraud? Take this month’s Fraud IQ quiz and find out.
A proposed standard by the AICPA Forensic and Valuation Services Committee would classify forensic services engagements as being performed for the purpose of either “litigation” or “investigation.”
'Business email compromise' cost 2 companies more than $30 million.
How good are you at spotting red flags that may indicate financial statement fraud? Take this month’s Fraud IQ quiz and find out.
The Securities and Exchange Commission cautioned public companies to be on the lookout for a class of cyber-related fraud called “business email compromise.”
This article discusses what municipalities can do to prevent embezzlement and what can CPAs and auditors can do to assist them.
Natural disasters such as Hurricane Florence provide cybercriminals with an opportunity to cause further misery for victims and businesses that already are under siege.
Criminals prey on fear and ignorance to pull off fraudulent schemes.
The signs of victimization are often subtle and embarrassing.
Learn how authorities tracked down an IRS impersonation scam that allegedly stole “hundreds of millions of dollars” by phone.
Aaron Beam, the former CFO at HealthSouth, discusses his tenure at the company and offers advice for professionals about fraud.
This article discusses some red flags experienced forensic accountants look for, and advice for ways to ferret out and prevent wrongdoing.