Fraud prevention

The service has joined an international coalition to help nonprofits fight fraud and financial crime.

Companies lack adequate anti-fraud staff and resources and are seen as more likely to fall prey to fraud than in the past, according to a new report.

Though in the early days of application, artificial intelligence is already having a major impact in protecting businesses, according to Paul Zikmund, a director at Baker Tilly and a professor of accounting at Rider University's Master of Accountancy program.

Traditional oversight measures often lack the capability to supervise large quantities of assets.

Thirteen percent of organizations currently use AI or machine learning to combat fraud, and 25 percent expect to adopt such technology in the next year or two.

An Inspector General report says the service isn’t doing as much as it could to encourage reporting tax fraud.

Cybercrime is on the rapid rise; Accounting firms who are proactive on security services are placing themselves ahead of the curve.

Artificial intelligence is poised to transform the finance industry with advancements that eliminate tedious tasks and free up time for financial staff to prioritize higher impact responsibilities.

One thing that all business trips have in common is turning in receipts for travel and expenses, but what should or shouldn’t employees be expensing?

The Institute of Internal Auditors wants organizations to pay more attention to fraud control and decide on the role that internal audit will play.