Fraud Auditing, Detection, and Prevention Blog

Fraud Auditing and the Paycheck Protection Program

Jun 15, 2020 9:45:00 AM / by Leonard W. Vona posted in Fraud Schemes, Fraud Auditing, ...

                                

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Managing Fraud Detection and Prevention During a Pandemic

May 13, 2020 7:45:00 AM / by Leonard W. Vona posted in Fraud Risk Statements, Fraud Detection, ...

My marketing team has encouraged me to write about the impact of Covid-19. To an extent, writing about the benefits of fraud auditing in the middle of a world crisis does not seem like the right time or place, but there is a greater potential for fraud during times of upheaval. And, we all have bosses, so here I go." FYI, my May blog will be USA centric, I apologize to my world readers.

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Audit As The Number One Reason For Fraud Detection

Apr 14, 2020 2:21:57 PM / by Leonard W. Vona posted in Fraud Detection ...

In my December 2019 blog I stated “I will provide eleven statements in the spirit of causing you to think about your audit plan and help you create a dialog in your company about improving your ability to find fraud risk statements within your audit.”

The remaining three observations are what I have referred to as the “my statement”. These are my predictions, hopes or my aspirations.      

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How Investing In Fraud Analytics Pays Off

Mar 18, 2020 12:33:29 PM / by Leonard W. Vona posted in Fraud Data Analytics, Fraud Auditing ...

In my December 2019 blog, I provided eleven statements in the spirit of causing you to think about your audit plan and helping you create a dialog in your company about improving your ability to find fraud risk statements within your audit. In January and February and this blog, I’m delving deeper into the issues.

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The Rise of The Fraud Audit

Feb 18, 2020 9:54:00 AM / by Leonard W. Vona posted in Fraud Data Analytics, Fraud Auditing ...

In my December 2019 blog, I provided eleven statements in the spirit of causing you to think about your audit plan and helping you create a dialog in your company about improving your ability to find fraud risk statements within your audit. In last month’s and this blog, I’m delving deeper into the issues.

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Finding Fraud In An Audit Is Easier Than You Think

Jan 29, 2020 11:43:06 AM / by Leonard W. Vona posted in Fraud Data Analytics, Fraud Auditing ...

In my December 2019 blog, I provided eleven statements in the spirit of causing you to think about your audit plan and helping you create a dialog in your company about improving your ability to find fraud risk statements within your audit. In the next four blogs, January – April, I will elaborate on them.

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Eleven Statements About An Audit Plan To Help You Create A Dialog

Dec 23, 2019 2:03:17 PM / by Leonard W. Vona posted in Fraud Data Analytics, Fraud Auditing ...

Over the last few weeks, I have had the pleasure of hearing from readers who have uncovered fraud schemes in their companies. This includes two chief auditors who attributed their ability to locate fraud schemes to my lectures or my fraud auditing techniques. I want to thank these individuals for contacting me. It was very kind of them.

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What Is The Difference Between A Shell Company and Ghost employee?

Nov 25, 2019 7:30:00 AM / by Leonard W. Vona posted in Fraud Data Analytics, Fraud Auditing ...

Over the last six months, I have traveled the world talking about fraud data analytics. I want to thank everyone who has participated in the sessions. I also want to thank the hundreds of individuals who have signed up to receive our monthly blog newsletter.

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Fraud Auditing To Bust Ghost Employees

Oct 28, 2019 1:52:10 PM / by Leonard W. Vona posted in Fraud Data Analytics, Fraud Auditing ...

One of the most popular topics on this blog has been Ghost Employees. I recently sat down for an interview on how fraud auditing can be used to uncover Ghost Employee schemes that I wanted to share with you.

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Uncovering Pass-Through Schemes Involving Real or Shell Companies

Sep 20, 2019 7:13:41 AM / by Leonard W. Vona posted in Fraud Data Analytics, Fraud Auditing ...

At the June 2019 ACFE conference I spoke about Fraud Data Analytics (FDA): How to Locate Complex Vendor Overbilling Fraud Risk Statements. My sessions were sold out, so for those unable to hear my presentation I am writing three blogs that explain three of the four fraud risk statements I covered: Price inflation scheme: hidden entity scheme and now we will cover the pass-through scheme. The fourth fraud risk statement was explained in a blog posted on August 18, 2018.

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