Fraud prevention

More than 1,400 organizations across the world are educating their communities about the threat of fraud and scams and how to stay safe.

The Public Company Accounting Oversight Board issued a staff publication amid controversy over its proposed NOCLAR standard.

The need for a revolutionary approach in fraud prevention is clear.

The growing number of fraud victims who suffer staggering financial losses often find themselves having to pay Uncle Sam for their missing income, experts say.

The first step in identifying invoice fraud and stopping it is knowing what you're looking for.

Companies lose an estimated 5% of their revenue each year due to fraud, according to a report from the Association of Certified Fraud Examiners.

Generative AI, which is already playing an outsized role in fraud, is also expected to play an equally large role in efforts to fight fraud.

The agency plans to restrict access to a system that provides borrower tax returns to mortgage lenders beginning June 30. Left out of the loop, small-business lenders say getting credit to borrowers will become more difficult as a result.

The Association of Certified Fraud Examiners has joined a collective effort of organizations including the Center for Audit Quality, Financial Executives International, the Institute of Internal Auditors and the National Association of Corporate Directors.

IRS warnings about a "wave of summer scams" and new business rules designed to combat fraudulent claims for refundable credits are among the latest developments.