When discussing risk in accounting, the focus typically shifts to fraud, intentional misconduct and bad actors. However, many of the most damaging issues in financial reporting and tax compliance stem ...

Minnesota fraud cases involving daycare centers and medical providers demonstrate how fraud serves as an entry point for money laundering and organized crime.

A new independent research commissioned by Somos has found that fraud has become a permanent, pervasive challenge for financial institutions, with costs that extend from lost revenue and compliance ...

Identify key enforcement priorities of the SEC related to financial reporting fraud, with emphasis on individual accountability for CEOs, CFOs, and auditors. Assess common financial fraud risks, ...

In the current digital era, financial security is an issue that we usually do not pay attention to until suddenly, through a notification or a transaction we did not expect, we realize just how much ...

Identifying and assessing the risks of material misstatement due to fraud are among the most challenging aspects of auditing in recent years, according to outreach conducted by the AICPA Auditing ...

As audit committees get down to business, they face risks related to technology but also can empower their organizations to ...

2026 State of Fraud Report from Alloy finds the top consequences of fraud are the loss due to goodwill credit to clients, direct financial losses and reputational damage 91% of decision makers ...

For too long, accountability in federal financial management has been treated as a compliance exercise rather than a leadership imperative. Despite years of reform, many agencies remain stuck in ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. When people hear the term internal controls, they often ...

A little-used reporting order, normally aimed at money laundering, is now at the center of a sweeping federal response to alleged fraud—and a broader political fight. Minnesota Governor Tim Walz has ...

This story was originally published by CalMatters. Sign up for their newsletters. Faced with growing reports of fraud, the U.S. Department of Education will make it harder for certain students to ...