A new GAO audit looked at five agency-run programs, finding some that haven’t been fully following OMB recommendations to ...

In a market accelerating toward instant payments and open banking, a siloed approach to fraud detection is no longer viable.

Fraud losses in the healthcare sector continue to slice into the precious resources of ambulatory surgical centers. ASCs need to work hard to protect the dollars they earn, but, with the right ...

Organizations that approach fraud risk management as an element of operational excellence, rather than a compliance exercise, ...

An uneven real estate cycle, rising fraud and faster transaction timelines are reshaping how underwriters assess defects and ...

Some companies doing business with the Defense Department have opaque ownership structures that may conceal who owns, controls, or benefits from the company. The Government Accountability Office ...

Fraud is typically treated as a fiscal problem. It falls to auditors, inspectors general, and criminal prosecutors.

The Enterprise Fraud Risk Assessment (Practice Note) has been developed by the Government Counter Fraud Profession (GCFP) Centre of Learning, operating out of the Public Sector Fraud Authority. It was ...

Opinion: Healthcare companies, importers, and private equity owners should expect stepped-up scrutiny, broader theories of ...

Auditors are expected to comply with the requirements in AU-C Section 240, Consideration of Fraud in a Financial Statement Audit, in conducting financial statement audits. As academics who perform ...

Last week, the much-anticipated Guidance regarding the UK’s new Failure to Prevent Fraud (FTPF) offense was released (the Guidance). This offense, embedded within the Economic Crime and Corporate ...

The internal risk assessment, completed in late 2021, also warned of rampant self-dealing, embezzlement, and potential indictment of executives. Infall 2021, members of ByteDance’s internal audit and ...