This section provides information on various international repute forensic account/audit resources
It is widely accepted that third party risks can and should be mitigated. This is usually achieved through an attempt to put in place a system of contracts and procedures whereby intermediaries are required to read through company policies, and represent that they will abide by anti-bribery laws as well as corporate ethical and legal commitments. Add to this a standard background check, and it might appear that you are ‘good to go...
I warned investors that Utah-based multi-level marketing company Nu Skin Enterprises' (NYSE: NUS) surging inventory levels might lead it "to recognize a material impairment charge against inventory in a future period." On August 4, 2014, in a follow-up blog post co-authored with Zac Prensky, we warned investors about a massive inventory pile up in Mainland China..
There is a saying, “It takes one to know one.” I am a convicted felon, former CPA, and former criminal CFO of Crazy Eddie. Today, I teach law enforcement agencies, professionals, and businesses how to identify fraud and train them to catch the crooks. This blog investigates white-collar crime, securities fraud, accounting irregularities, corruption, and other related topics. Accounting irregularities investigated by me are referred to appropriate government agencies as a whistleblower
This book gives excellent insights on accounting fraud….
A report by a brokerage on Satyam Computers gives an 'accumulate' rating, which means it expects the stock to go up. The rating is based on the company's high cash/market cap ratio. The information technology company had reported a cash balance of Rs 4,500 crore at the end of the 2007-08 financial year....
Every day, news of financial statement fraud is adversely affecting the economy worldwide. Considering the influence of the loss incurred due to fraud, effective measures and methods should be employed for prevention and detection of financial statement fraud. Data mining methods could possibly assist auditors in prevention and detection of fraud because data mining can use past cases of fraud to build models to identify and detect the risk of fraud and can design new techniques for preventing fraudulent financial reporting....
Over the past several years, accounting fraud has dominated the headlines of mainstream news. While these recent cases all involve sums of money far in excess of any before, accounting fraud is certainly not a new phenomenon. Since the early days on Wall Street, fraud has consistently fooled the markets, investors, and auditors alike. In this thesis, an analysis of several cases of accounting fraud is conducted with background information, fraud logistics, and accounting and auditing violations all subject to study....
Audit, Finance, Forensic Accounting, Forensic Audit, Fraud Risk Management, IFRS, IAS, International Accounting Standard, International Financial Reporting Standard, International Standard on Auditing, ISA, accounting fraud, ANTI FRAUD COLLABORAtion, Risk assessment, Control Self-Assessment, CPA, CA, Risk Identification, CIMA Study, ACCA Study, ICAEW Exam, ICAEW Study, CISAStudy, CA Study, IFRS Exam, IFRS Study, CPA Study, COSO, Risk Mitigation, Risk Monitoring, Control Environment, Financial Statement, Balance Sheet, Profit and Loss Statement, Financial Closing, Financial Statement Assertion, SOX Implementation, Accounting Software, ERP, Trial balance, Revenue Recognition, Issue Tracking, Key Risk Indicator, Key Incident Reporting, CPA Exam, ACCA Exam, CA Exam, CISA Exam, DISA Exam, Accounting Exam, CIMA Exam, IIA Exam, CFE Exam