Are you Managing your Fraud Risk Proactively?

July 2020

Managing fraud risk proactively is imperative. It is not only about protecting against financial losses commonly associated with fraud.  It is also about surviving reputational risk.  There is a need for Organizations to create an environment and implement appropriate controls

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Forensic Accountants Should Be an Integral Component of PPP Loan Audits

June 2020

The published goal of the Paycheck Protection Program (PPP) loan program is to assist small businesses to remain open during the Covid-19 crisis and to reduce the rate of unemployment.  The loans   provide a direct incentive for small businesses to

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Fraud is Everywhere. The IRS is looking for it and the Forensic Accountants are right behind them

June 2020

The Internal Revenue Manual defines fraud as a “deception by misrepresentation of material facts or silence when good faith requires expression, which results in material damage to one who relies on it and has the right to rely on it.

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Can you identify a Misappropriation Scheme?

December 2019

Misappropriation is the use of property or funds of another person for an unauthorized purpose.  In misappropriation, the perpetrator steals or misuses an organization’s belongings and resources; usually without force.  The organization’s assets can be misappropriated by an employee, a

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Los Contadores Forenses son “Detectives Privados”

November 2019

El entorno actual de cambio creciente, las presiones económicas, la globalización, la tecnología, el gobierno corporativo, el cumplimiento y la complejidad de las transacciones financieras son las fuerzas impulsoras del inicio del fraude. Además, la desesperación económica, un solo evento

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Forensic Accountants are “Private Detectives”

November 2019

The current environment of increasing change, economic pressures, globalization, technology, corporate governance, compliance and the complexity of financial transactions are driving forces behind fraud initiation.   In addition, economic despair, a single unfavorable event, illness, negative cash flows or deteriorating creditworthiness

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Varsity Blues, the “Charity” and how a Forensic Accountant can be a Silver Bullet!

May 2019

The forensic accounting skillset of FBI Special Agent, Mrs. Laura Smith, is receiving a lot of credit for her work in the largest college scandal in  https://www.jdsupra.com/legalnews/varsity-blues-the-charity-and-how-a-41034/

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Should Business Owners rely on Whistleblowers or Forensic Accountants?

December 2018

According to a recent Foreign Corrupt Practices Act (FCPA) Blog entry (11/28/18),  https://www.jdsupra.com/legalnews/should-business-owners-rely-on-32072/

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Forensic Accounting and Fraud Check-Ups

February 2018

  • Business Monday 2/5/18 - South Florida Legal Guide Supplement for the Miami Herald

Conflict of Interest: When professional judgement is compromised….

January 2018

Conflicts of interest can arise at any time during a professional engagement.  According to the American Institute of Certified Public Accountants (AICPA),  “A conflict of interest may occur if a member performs a professional service for a client or employer

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Bumping Into Crimes: A CPA Call to Action

November 30 2017

  • Daily Business Review

The Accountant and the Paradise Papers

November 2017

Under U.S. Tax Law, it is appropriate for an Accountant to advise a US Taxpayer regarding his tax efficiency if the Taxpayer wants to pay less tax and accumulate wealth.  While tax avoidance is legal and encouraged by the IRS, tax

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