fraud news from FierceComplianceIT

Continuous auditing is one of those buzzwords that in some ways is more of a Holy Grail than an achievable goal. But the idea of real-time internal auditing, keeping up with every possible statistic... Read more...

H-1B visas have long been a compliance problem. While the program was a good source of qualified candidates for a lot of financial and technology firms, it really fell out of favor once the credit... Read more...

We noted recently that when it comes to compliance, the CFO plays a critical role. The PCAOB, in fact, has suggested to auditors that they focus their attention on the CFO when it comes to small... Read more...

Recall that Section 806 of Sarbanes-Oxley, on the surface anyway, provided protection for whistleblowing employees against retaliation by their employers. Recall also that few people have benefited... Read more...

Ever since the Bernard Madoff scandal broke open, the media has been rife with lamentations that the SEC was remiss in its oversight of the firm. It has certainly proven to be a PR black eye. Some... Read more...

We've brought you lots of news recently about the fallout from the many cases of information fraud that involve credit card information. Aiming to score some marketing points and create a way to up... Read more...

Recall that Section 304 of Sarbanes-Oxley offered what everyone thought was a clawback provision: If an issuer is "required to prepare an accounting restatement due to material noncompliance," the... Read more...

We've noted that there seems to be correlation between fraud and economic hardship. Which suggests that you should probably step up your defenses against internal and external threats. As if on cue,... Read more...

In the post-Enron era, the reputation of corporate accountants collectively has taken some massive hits. The on-going financial crisis certainly isn't helping. So it is with some chagrin that we note... Read more...

We've noted recently that more companies seemed bent on instilling better travel and entertainment cost controls. Let's face it: The expense account is among the easiest to fudge. At some companies,... Read more...