Without automated bank account verification in place, organizations leave themselves wide open to costly, damaging fraud schemes.

Wrong arm of the law; it all comes out in the wash; human nature and other highlights of recent tax cases.

The IRS introduced a new web page where taxpayers can confidentially report suspected tax fraud schemes, scams, evasion or other tax-related illegal activities.

AI-enabled fraud has become so sophisticated more than one-third of senior internal audit leaders aren't even sure whether or not their organizations have been the targets of any attempts.

The Association of Certified Fraud Examiners has partnered with Grant Thornton to help organizations uncover fraudulent activity and avoid financial losses.

Users can log in to free apps like Google Gemini or ChatGPT and create realistic-looking, fraudulent documents — such as fake receipts or invoices — in seconds.

The SEC charged Archer-Daniels-Midland Company and its three former executives with accounting and disclosure fraud.

Many of the most serious issues in financial reporting and tax compliance stem from ordinary mistakes in organizations that believe they are compliant.

Ameryn Seibold was tasked with manipulating the Excel data that the subprime auto lender regularly sent to its financiers.

AI has made many people more efficient, productive and effective. While this includes professionals like accountants, it also includes scammers, fraudsters and cyber-criminals.

Identity theft, fictitious applicants and other forms of fraud continue with the advance premium tax credit for buying health insurance.

When valuing a company, a valuation analyst can play a critical role in identifying potential fraud risks and assessing whether management has implemented adequate measures.

Among the targets of the audit is a business development program designed to serve socially or economically disadvantaged individuals.

AI tools can generate receipts that are indistinguishable from authentic ones, complete with accurate logos, barcodes and subtotal math.

U.S. investigators are demanding a former executive's communications with the U.K. auditor and others involved in financial reporting before the startup's bankruptcy.

Accountants need to navigate the double-edged sword of artificial intelligence with smart payment platforms.

Evidence is almost entirely digital. At the same time, AI tools can fabricate near-perfect fakes. At what point does skepticism tip into forensics?

The overwhelming majority of organizations are finding themselves victims of fraud attempts, in many cases on a weekly basis, according to a new report.

WaterStation Management drew in veterans, stock traders, pharmacists, salespeople and retirees by leveraging fears about contaminated water and microplastics.

Snake oil; how to succeed in business; don't bet on it; and other highlights of recent tax cases.