Forensic Accounting & Litigation Support Archives - Page 4 of 4

Indications of Misappropriation Schemes

June 2017

Misappropriation is the use of property or funds of another person for an unauthorized purpose and is classified as a felony. In misappropriation, the perpetrator steals or misuses an organization’s belongings and resources; usually without force. Meaning, they are taken

JD Supra

The Value of Forensic Accountants Goes Beyond the Courtroom

March 2017

Forensic Accountants play an integral role in the changing landscape of today’s business management and oversight. Successful business owners prepare for the possibility of malware attacks, internal fraud, lawsuits, accounting irregularities and white collar crimes. Existing or potential dispute resolution

JD Supra

Do You Know What an IRS Criminal Investigation is?

February 2016

Your worldwide income is subject to U.S. income tax, regardless of where you reside”. The integrity and fairness of the US tax system is based on the premise that all income may be taxable, and that its taxpayers will self-assess

JD Supra

How A Defendant Won The Lottery!

January 2017

The decision to hire a Forensic Accountant can be like buying a lottery ticket. Not all Forensic Accountants are equal. Not all possess the characteristics and critical success factors of an effective Forensic Accountant, such as being able to “see

JD Supra

Are Forensic Accountants an Attorney’s Silver Bullet?

January 2017

From the art of interviewing, to recognizing mathematical irregularities, and following the money, Forensic Accountants are a proven invaluable tool for Attorneys and their clients. “Finding” the money combines the skill set of a financial investigator with the experience of

JD Supra

Asset misappropriation – investigating people and money?

November 2016

Forensic accounting has been described as an “art and science” that investigates people and money. Forensic accountants are known for tracing funds (following the money), uncovering hidden assets and educating involved parties as to potential damages. In simple words, a

JD Supra

Are Cyber Thieves Compromising E-Mail? .. YES!

November 2016

Recently FinCEN issued Advisory (FIN-2016-A003) regarding e-mail compromise schemes that defraud Financial Institutions by deceiving them into conducting wire transfers that result in misappropriated customers funds. The cyber-criminals are “impersonating” victims, and submitting what seem to be legitimate wire transfers

JD Supra

Do you have a FRAUD RISK CHECKUP LIST?

November 2016

Managing fraud risk proactively is imperative in today’s transparent world. It is not only about protecting against financial losses commonly associated with fraud. It is also about surviving reputational risk. An example of reputational risk is the recent Wells Fargo

JD SUPRA

Audit Sampling in Forensic Accounting – Could Something be Missed?

September 2016

Audit sampling techniques may permit errors or dishonesty to go undetected. Audit sampling occurs when a review of less than 100% of a population occurs. Determining how the size of a population is used in an audit sample is a