• Audits Don’t Often Find Fraud

    This video is a little longer than usual. Tracy Coenen talks about the reasons why traditional financial statement audits don’t find fraud. It is very rare for fraud to be uncovered during the year-end audit, but stakeholders often rely on […]

  • A Fraud Investigation Report

    Reporting the findings of a fraud investigation will require varying levels of detail and precision, depending on the specifics of the engagement. Yet it is fairly easy to develop a standard reporting process that can be followed by staff. One […]

  • Upper Level Executives Who Commit Fraud

    A while back we talked about behavioral red flags of fraud, which are the signs that someone might be involved in a fraud at work. Some of the most common red flags are living a lifestyle that exceeds a person’s […]

  • Asset Overstatement to Improve How a Company Looks

    When a company is struggling, it is tempting to manipulate the financial statements to make things look better. Even when things are going well, management may want or need the company to look even better than it already does. Banks, […]

  • Income for Spousal Support Calculations

    What sources of income are commonly included when calculating spousal support in a divorce case? While the specifics vary by jurisdiction, in general the courts will commonly consider: wages, investment income, business income, rental income, and royalties. Tracy talks in […]

  • Financial Expert’s Role in a Family Law Case

    A financial expert’s assistance with the discovery process can be invaluable to the family law attorney. By virtue of the expert’s familiarity with personal and business financial documents, the financial expert can play an important role in the discovery process.  […]

  • Using Bank Statements to Evaluate Income in Divorce

    Bank statements can be invaluable in evaluating an individual’s income for divorce and child support cases. They can help evaluate the person’s income, but an analysis of the expenditures is important too. Tracy Coenen talks about some of the specific […]

  • Preventing Fraud After Finding It

    After a company has experienced internal fraud and has investigated the situation, how do they address the issue of fraud prevention? Moving forward after an internal fraud requires that management actually make good on promises to prevent future frauds. It […]

  • The Family Law Engagement

    Serving as a forensic accounting expert in a family law case  begins with setting the stage for the work to be performed for the attorney.  One of the most important steps is developing the scope of the engagement. There are […]

  • Do Fraud Investigations Reduce Fraud?

    When consumers think about investigating fraud, they do not usually think of the investigation as part of an overall plan to reduce fraud in a company. An investigation is typically seen as a reactive process that is only engaged in […]