Executives have the means to commit and cover up the largest frauds. They have access to the information and computer systems, they have power over all employees and they have access to the money. The finance function is riddled with […]

Even with all of the publicity surrounding the issue of financial fraud in the last couple of decades, most auditors, investors and other professionals still do not “get it” when it comes to detecting fraud. Traditional financial statement audits were […]

Below is a lengthy list of items that a divorce attorney should consider requesting in discovery in family law cases. In an ordinary divorce or child support matter, many of these items will be irrelevant or non-existent. This list is […]

One common misconception among small business owners is that fraud prevention is expensive. And like anything else in this world, it can be expensive. A company that strives to eliminate virtually all opportunities for fraud by employees can spend a […]

The unthinkable has happened. We have good employees. Our people are honest. They don’t steal from us. They’re like family. We trust them. So it goes when a company discovers a fraud from within. Then what happens? After the initial […]

Would you recognize the clues that your client has been ripped off by one of its employees? Or would management conduct business as usual, blindly trusting their employees? Companies make the mistake of not actively searching for fraud. They tend […]

Where can employees, outside consultants, and board members look for evidence of override of internal controls? This isn’t a simple list of numbers or documents that must be checked off. Instead, looking for improper override of controls requires looking for […]

When an internal fraud (one committed by employees) occurs at a company, the natural reaction is to assume that an investigation must be started immediately. After all, it is important to determine who was involved, exactly how the fraud was […]

Schemes that involve the skimming of money are very difficult to detect, investigate, and ultimately prove. These types of schemes are carried out before money is recorded in a company’s accounting system. Because of this “off-books” nature of the crime, […]

The notes to financial statements are often lengthy and boring. But they can provide very important information about a company.  On the most basic level, they provide details behind the company’s numbers. But they can also provide clues to fraud […]