Investors need to be aware of the signs of financial statement manipulation by a company when evaluating its stock.

A forensic audit is an examination of a firm's or individual's finances to derive evidence that can be used in a court of law or legal proceeding.

THE ASB ISSUED AN EXPOSURE DRAFT designed to expand audit procedures to address material financial statement fraud. Comments on the proposed changes are due by May 31, 2002. THE ED EMPHASIZES ...

Reviewing the accountant’s responsibilities for fraud when performing an assurance engagement. Fraud is a serious concern that can have devastating consequences. With that in mind, there may be no ...

The American Institute of Certified Public Accountants (AICPA) board has released an exposure draft of a new Statement on Auditing Standard (SAS) that addresses auditors’ responsibilities regarding ...

Does your organization focus on proactive fraud prevention? The answer may surprise you, for as an auditor, I find that most organizations fail to get serious about prevention until fraud happens to ...

U.S. public companies lost a median of 1.06% of their annual revenue to known frauds last year, amounting to billions of dollars, according to a new report. Processing Content The report, released ...