Fraud Auditing, Detection, and Prevention Blog

Emerging Issues: Top 100 Most Ethical Companies

May 14, 2021 4:19:42 PM / by Leonard W. Vona posted in Fraud Risk Identification, Fraud Auditing ...

  1. Last month I wrote about the Top 100 Corporate Criminal List. So, this month I will write about the most ethical companies. If you are not aware, there is an organization, Ethisphere, that publishes a report each year listing the most ethical companies. I would encourage you to look at the report.

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Emerging Fraud Audit Issues: Top 100 Corporate Criminals List

Apr 21, 2021 3:30:56 PM / by Leonard W. Vona posted in Fraud Risk Identification, Fraud Auditing ...

I think it is time for a change in my focus, so this blog will not address our profession directly but rather corporate management. I believe that the concealment of criminal fraud by management is a critical emerging issue that should be top of mind for fraud auditors. Maybe it has always been an issue, but nobody wanted to discuss it.

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Fraud. What does this really mean?

Mar 16, 2021 4:27:51 PM / by Leonard W. Vona posted in Fraud Risk Identification, Fraud Auditing ...

Consider Fraud. What does this really mean?

As you are aware, the auditing standards require an auditor to consider fraud in the conduct of an audit. Depending on the standards you follow, the meaning has different requirements. No, I have no intention of critiquing each standard but rather, I want to critique the phrase “consider fraud”

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Five Common Fraud Schemes & How to Identify Them

Feb 16, 2018 4:56:00 PM / by Leonard W. Vona posted in Fraud Data Analytics, Fraud Risk Identification, ...

Knowing where and how fraud occurs can be a crucial step towards improving your fraud detection and prevention policies, saving you or the company you are investigating a significant amount of money and time.

Here are five common fraud schemes and how to better identify them. Auditors and management may utilize knowledge of these schemes to help their teams better identify fraud as it happens by understanding key patterns in data.

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