Accounting fraud

Criminals are using technology to perpetrate nearly a third of their frauds, according to a new survey by KPMG, while organizations are lagging behind on the use of technology such as data analytics to detect those frauds.

Realize when your firm needs help in international waters, because when it comes to fraud, the times — they are a-changin’

When digital forensic experts think of social media, they see a prime place to search during their fraud investigations.

Two years ago, the Supreme Court held in Lawson v. FMR that employees of contractors of public companies, including employees of accounting and audit firms, are protected under the whistleblower protection provision of the Sarbanes-Oxley Act.

The Securities and Exchange Commission announced penalties in two financial fraud cases Tuesday against companies and their former executives accused of various accounting failures that left investors without accurate depictions of company finances.

Accountants can play an important role in deterring human trafficking and smuggling.

Thirty percent of companies reported experiencing some form of fraud in their supply chain, according to a new poll.

The typical organization loses 5 percent of its revenue to fraud each year, according to a new report from the Association of Certified Fraud Examiners.

The crazy news out of Valeant continued this morning with a wild press release announcing, among other things, that Chief Executive Officer J. Michael Pearson is going to leave, but not yet, and that the board asked former Chief Financial Officer Howard Schiller to resign from the board, "but Mr. Schiller has not done so."

Audit firm policies designed to protect whistleblowers against retaliation for reporting wrongdoing could backfire and make potential tipsters even more fearful of the possible consequences, according to a new academic study.