The Association of Certified Fraud Examiners’ (ACFE) ‘Report to the Nations: 2020 Global Study on Occupational Fraud and Abuse’ provides ample evidence that some fraud detection methods are better than
Fraud is costly for all victimized companies, but it is even worse in the construction sector. According to the Association of Certified Fraud Examiners’ Report to the Nations: 2020 Global
Businesses rely on internal controls to help ensure the accuracy and integrity of their financial statements, as well as prevent fraud, waste, and abuse. Given their importance, internal controls are
Most restaurants are finally reopening to in-person dining. And while you may be thinking about customers returning, hiring enough workers, and managing supply-chain shortages, one issue has remained the same:
Fraud perpetrators take whatever they can get their hands on. But they generally prefer cash because it is virtually untraceable. Fortunately, fraud experts have the expertise and tools to trace
Internal controls are a system of policies and procedures organizations put in place to protect assets and improve operating efficiency. Effective internal controls are critical to accurate financial reporting. A
Although auto sales plunged at the start of the COVID-19 pandemic, they have since rebounded. In fact, some dealerships are reporting record sales in 2021. However, problems remain — including
The COVID-19 pandemic has put enormous pressure on global supply chains. As companies struggle to obtain the goods and materials they need, they may not pay as much attention to
As counterintuitive as it may seem, law firms are not immune to criminal activity. Because some firms place enormous pressure on attorneys to produce billable work, they may be particularly
Data security is a critical part of the audit risk assessment. If your financial statements are audited, your audit team will tailor their procedures to answer critical questions about cyber
