Save Your Organization a Headache by Stopping Fraud Before It Happens

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Save Your Organization a Headache by Stopping Fraud Before It Happens

Anti-fraud professionals know that while it’s best to catch fraud as soon as possible, it’s even better to stop fraud before it happens — which is why active fraud prevention is a critical part of anti-fraud strategies for organizations of any size. Some people may still be afraid to talk about fraud, believing that if they raise the topic, employees will suddenly become inspired to attempt to commit fraud, or that employees will think the reason it has been brought up is because a large fraud has just taken place. However, discussing fraud openly with employees is a great way to help prevent it.

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The Interview Room: Preparation, Evidence and Empathy

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The Interview Room: Preparation, Evidence and Empathy

In the latest episode of Fraud Talk, Scott Porter, CPA, CA, and Senior Investigator at CPA Ontario, shares techniques to assist fraud examiners conducting investigative interviews in corporate settings. He also explores traditional law enforcement interview models, and offers emerging alternatives to enable practitioners to conduct ethical, legal and effective interviews.

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How I Built a Forensic Accounting and Fraud Examination Program

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How I Built a Forensic Accounting and Fraud Examination Program

When I started teaching at Embry Riddle Aeronautical University, I was the first full-time accounting instructor they had hired. There was a small team in the Department of Business that included five full-time professors and a handful of adjuncts, but the school and the business department were growing. During the summer of 2013, my chair called and asked if I’d be willing to write the curriculum for an entire bachelor’s degree program in forensic accounting and fraud examination. In hindsight, I really should have asked more questions! But not knowing what all this entailed, I jumped in with both feet and said yes.

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The Difference Between Operational Risk Management and Operational Resilience

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The Difference Between Operational Risk Management and Operational Resilience

Operational resilience is a set of techniques that allow people, processes and informational systems to adapt to changing patterns. In other words, it is the ability to alter operations in the face of changing business conditions. Operationally resilient enterprises have the competency to ramp up or slow down operations in a way that provides a competitive edge, and enables quick and local process modification.

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