Articles

Financial statements are generally prepared under the assumption that the business will remain a 'going concern.' That is, it is expected to continue to generate a positive return on its assets and meet its obligations in the ordinary course of business. However, sometimes conditions put...

What is the most costly type of white collar crime? On average, a company is likely to lose more money from a scheme in which the financial statements are falsified or manipulated than from any other type of occupational fraud incident. The costs frequently include...