• Two Years Later, Dell Stays Mum on Accounting Probe

    USA TODAY By Michelle Kessler SAN FRANCISCO — A Securities and Exchange Commission probe into Dell’s accounting is more than 2 years old — and the PC giant won’t say when it might be over. Dell (DELL) has revealed very […]

  • What Frauds Are Prevalent, And Preventable

    Compliance Week By Jaclyn Jaeger While government officials congratulate themselves for a job well done since establishing the Corporate Fraud Task Force five years ago, experts tell Compliance Week that institutional fraud is still a rampant problem. According to a […]

  • CEO Pay: Fraud, Excessive, or None of the Above?

    The issue of upper-level executive pay can raise the ire of many, as it might be hard to comprehend salary and benefits in the tens or hundreds of millions. It’s especially easy to rile up the masses if one compares […]

  • Computer Associates Founder Accused of Fraud

    Charles Wang, founder and former chairman of Computer Associations International Inc. ( now CA Inc.) has been accused of fraudulent accounting practices. A special committee of the board of directors has recommended that CA file suit against Wang to recover […]

  • What Does the Future Hold For Finance and CFOs?

    Financial Executive Magazine By Jeffrey Marshall and Ellen M. Heffes The editors reached out to a wide range of experts — CFOs and former CFOs, consultants, academics, accountants and technology vendors — to get their thoughts about what the coming […]

  • Conviction of Bernie Ebbers Upheld by Appeals Court

    Today the U.S. Court of Appeals for the Second Circuit upheld the conviction and prison sentence of former WorldCom CEO Bernard Ebbers. The 64-year-old defendant was convicted in 2005 of nine counts of conspiracy, securities fraud, and false SEC filings. […]

  • Enron: The Good, the Bad, and the Ugly

    Written by Tracy L. Coenen, CPA, CFF Wisconsin Law Journal After a trial that lasted almost four months, Kenneth Lay and Jeffrey Skilling, both former heads of Enron Corp., have been convicted of multiple federal offenses related to the collapse […]

  • Justice Department Joins Whistleblower Lawsuit Against Abbott Laboratories

    The Justice Department has joined a whistleblower lawsuit against Abbott Laboratories and its spinoff, Hospira. The companies allegedly conspired to inflate Medicare and Medicaid reimbursements on some drugs. It is alleged that Abbott Labs reported its drug prices to price […]

  • Financial Statement Fraud Under Fire

    Written by Tracy L. Coenen, CPA, CFF OSCPA Wire – Oklahoma Society of CPAs Newsletter Any natural disaster creates opportunities for fraud and that’s exactly what recent wildfires have done. Dishonest executives have a chance to manipulate their financial statements […]

  • Office Piracy: A Trusted Employee Becomes a Worst Enemy

    Written by Tracy L. Coenen, CPA, CFF On Balance – The Magazine for Wisconsin CPAs – January/February 2006 It felt like my gut had been ripped out. Fifteen years of our lives went down the drain. He took our trust […]