ACFE Publishes 10th Edition of the Report to the Nations

ACFE Publishes 10th Edition of the Report to the Nations

With the publication of the 2018 Report to the Nations, I am struck by how this study, like the Association of Certified Fraud Examiners itself, is in many ways a tribute to the vision and dedication of our founder and chairman, Dr. Joseph T. Wells, CFE, CPA. When Dr. Wells created the ACFE, he did so because he recognized there was a fundamental flaw in how organizations were attempting to prevent, detect, and investigate fraud.

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Accounting Malpractice and the Auditor’s Responsibility to Detect Fraud

Accounting Malpractice and the Auditor’s Responsibility to Detect Fraud

In the case of Livent, Inc. v. Deloitte & Touche the Ontario Court of Appeal upheld a 2014 decision ordering Deloitte & Touche (Deloitte) pay $118 million in damages to a theater company (Livent, Inc.) for which Deloitte performed auditing services. Why was Deloitte held accountable for such a large sum?

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Supporting Whistleblowers Begins with Semantics

Supporting Whistleblowers Begins with Semantics

In 2003, the ACFE awarded its first Sentinel Award to its namesake, Oscar-winning actor Cliff Robertson, “For Choosing Truth Over Self.” Robertson, known as “The Whistleblower of Hollywood,” courageously exposed and pressed for the investigation of the then- head of Columbia Pictures for check forgery.

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Cybersecurity Expert Warns GDPR Could Create New Extortion Opportunities

Cybersecurity Expert Warns GDPR Could Create New Extortion Opportunities

Dr. Jessica Barker addressed hundreds of anti-fraud professionals yesterday at the 2018 ACFE Fraud Conference Europe and told them that a new weak point in organizations’ cybersecurity might stem from an unlikely source — General Data Protection Regulation (GDPR) compliance. “One of the speculations about what we will see with GDPR is more extortion around hacks,” she said.

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5 Strategies to Help You Get That Next Promotion

5 Strategies to Help You Get That Next Promotion

There’s more to a job promotion and climbing the career ladder than just simply putting in your time. With more than 15 years of recruiting experience, many of those years recruiting anti-fraud specialists, I’ve heard many instances of disappointment from candidates because they didn’t get that promotion they were expecting.

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