Tag Archives: Fraud

A Special Place…

By admin | Published: July 9, 2010

We should not be surprised by the prevalence of stealing in our society. A priest was just charged with stealing $1.3 million in seven years.

Posted in Employee Risk, Fraud, Internal Controls, Must Read | Also tagged , , | Leave a comment

Internal Controls Are Like Seatbelts

By admin | Published: June 16, 2010

Internal controls are like seat belts, they only work if you use them.

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Tips for Identifying Financial Statement Fraud

By admin | Published: December 15, 2009

Financial statements can quickly become overwhelmingly complicated.  Major corporations have legions of accounting personnel responsible solely for generating their financial statements.  Millions of general ledger entries are made each year, and it would be almost, if not, impossible to review every single one.
So, what can be done?  My preference is to conduct a high level [...]

Posted in Fraud Detection, financial statement fraud | Also tagged | Leave a comment

If it Sounds Too Good to be True…

By admin | Published: September 8, 2009

Many frauds are easily detectable, as their promised returns appear grossly unrealistic

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