Accounting Malpractice and the Auditor’s Responsibility to Detect Fraud

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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

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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

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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

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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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CFE Syndrome: How Investigating Can Lead to Paranoia

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CFE Syndrome: How Investigating Can Lead to Paranoia

“Second Year Syndrome” is the malady of medical students who experience the symptoms of the disease that they are studying at the time. If they’re studying skin cancer, suddenly that zit becomes melanoma. If they’re studying arthritis, their joints start to ache. If they’re studying narcolepsy, they suddenly feel they’re about to fall asleep. (That last might be attributable to being grossly overworked, but you get the idea.)

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