Asset Misappropriations: Taking It Personally.
Tom Westwood could charm the paint off the side of his house. But as the controlling shareholder of a large car dealership he could also find ways to misappropriate company funds to repaint that same house.

The Barings Bank Case: Image in the Mirror
The numerous investigations into the current sensational corporate failures will expose many of the same operations control weaknesses that led to the collapse of the Barings Bank of London.

Corruption: Causes and Cures
Auditors can help detect and deter bribery and kickbacks.

Earnings Management: When does Juggling the Numbers Become Fraud?
Earnings management becomes fraud when companies intentionally provide materially misstated information.

Earnings Management Revisited: Further Suggestions in the Wake of Corporate Meltdowns
Here we provide an update on earnings management, including the implications of the U.S. Sarbanes-Oxley Act of 2002, and offer suggestions for improving performance reporting in all countries.

Follow Fraud to the Likely Perp
It is important to understand both the methods and motivations at play when otherwise ethical executives participate in fraudulent financial statement schemes.

FRAUDBASICS: Interviewing the Big Dogs
In fraudulent financial statement cases, the fraud examiner must competently interview the CEO and CFO for one reason - they probably committed the crime.

Let Them Know Someone’s Watching
Those who perceive they will be caught engaging in fraud are less likely to commit it.

Merger and Acquisition Fever: The Expanding Role of Fraud Examiners in the Booming Acquisition Market
By applying their forensic accounting, analytical, and legal skills, fraud examiners can help clients identify potential issues before they commit to purchase a company, preventing unfortunate surprises after the deal has closed.

The Padding That Hurts
Auditors cannot ignore expense account cheating by management.

Perils in Purchasing: Fraudulent Activities by a Telecoms Manager
In procuring the upgraded parts and accessories, Williams initially used about seven reputable telecoms vendors. However, as time went on, only one vendor seemed to meet Williams’ requirements.

Sarbanes-Oxley Act
The Sarbanes-Oxley Act, spawned from huge corporate collapses, will not make fraud disappear. But its strong language and stiff penalties could deter some executives tempted to stray.

“Why Ask?” You Ask
A vital part of discovering fraud concerns the auditor's ability to ask questions and the implications of not asking them. Since most auditors have had no formal interview training, this article focuses on the basics: how to approach the fraud issue with

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