Is Your Company Protecting Employees' 401(k) Savings from Fraud?
A recent case involved a 401(k) plan participant who was defrauded of approximately $740,000 by overseas criminals. Unfortunately, fraud involving ...
Strong Controls Over Financial Reporting Are Essential
Public companies are required by the Securities and Exchange Commission (SEC) to evaluate and report on their internal controls over financial ...
Is Your Business Prepared for a Fraud Crisis?
Your business likely has a disaster plan to address fires, natural disasters, or other incidents that could disrupt operations. While a fraud ...
FinCEN's New Reporting Rules: Is Your Business Ready?
With the deadline for the Corporate Transparency Act (CTA) fast approaching, the Financial Crimes Enforcement Network (FinCEN) continues to clarify ...
Office Supply Fraud Is Sneaky but Preventable
Office supply scams are a tricky type of vendor fraud that generally use behavioral psychology and often depend on poor intraoffice communications ...
Boost Your Bottom Line by Understanding Your Internal Audit
For many, the word "audit" conjures up images of tax auditors camping out in dark offices or reading intimidating letters from the IRS. However, an ...
Understanding Fraud, Waste and Abuse for Not-for-Profits
Fraud, waste, and abuse can severely impact not-for-profit organizations' financial health and reputation. Understanding and mitigating these risks ...
Protect your Organization from ACH Fraud
ACH fraud occurs when unauthorized transactions are made through the ACH network, which processes large volumes of credit and debit transactions. ...
Nonprofits Don't Lose as Much to Fraud, but Risk Requires Action
According to the Association of Certified Fraud Examiners (ACFE’s) Occupational Fraud 2024: A Report to the Nations, not-for-profits suffer roughly ...