Fraud prevention

Grant Thornton CEO Brad Preber and principal Linda Miller, who leads the firm's fraud and financial crimes practice, offer strategies to help businesses protect themselves from fraud amid the pandemic environment.

Grant Thornton CEO Brad Preber and principal Linda Miller, who leads the firm’s fraud and financial crimes practice, explain why the coronavirus pandemic and the government response to it have created unique opportunities for fraud.

The typical case of fraud costs $8,300 per month, and the median duration of each fraud case was 14 months.

The Internal Revenue Service is bracing for another epidemic -- scammers trying to get their hands on the $1,200 payments being sent out to millions of Americans to bolster the economy.

A new report recommends several approaches to help companies avoid malfeasance.

The Institute of Management Accountants is helping promote International Fraud Awareness Week, to push financial professionals to do more to ensure fraud prevention and detection are a priority at the companies where they work.

The service has joined an international coalition to help nonprofits fight fraud and financial crime.

Companies lack adequate anti-fraud staff and resources and are seen as more likely to fall prey to fraud than in the past, according to a new report.

Though in the early days of application, artificial intelligence is already having a major impact in protecting businesses, according to Paul Zikmund, a director at Baker Tilly and a professor of accounting at Rider University's Master of Accountancy program.

Traditional oversight measures often lack the capability to supervise large quantities of assets.

Thirteen percent of organizations currently use AI or machine learning to combat fraud, and 25 percent expect to adopt such technology in the next year or two.

An Inspector General report says the service isn’t doing as much as it could to encourage reporting tax fraud.

Cybercrime is on the rapid rise; Accounting firms who are proactive on security services are placing themselves ahead of the curve.

Artificial intelligence is poised to transform the finance industry with advancements that eliminate tedious tasks and free up time for financial staff to prioritize higher impact responsibilities.

One thing that all business trips have in common is turning in receipts for travel and expenses, but what should or shouldn’t employees be expensing?

The Institute of Internal Auditors wants organizations to pay more attention to fraud control and decide on the role that internal audit will play.

Vulnerability to fraud can pose a catastrophic risk to any company, but to a small business, it can mean life or death.

A young accountant shares a cautionary tale of red flags ignored and a nonprofit victimized.

Much of what we know about whistleblowers is wrong -- and that matters, because they play a crucial role in uncovering fraud, says accounting professor and fraud researcher Kelly Richmond Pope.

The IRS is warning practitioners that a range of frauds are on the rise, and may only increase as filing season approaches.