Spotting financial statement fraud is crucial. Learn key signs and detection methods to protect your investments from risky ...

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 ...

U.S. public companies lost a median of 1.06% of their annual revenue to known frauds last year, amounting to billions of dollars, according to a new report. Processing Content The report, released ...

The AICPA Auditing Standards Board (ASB) issued for public comment a proposed standard addressing the auditor’s responsibilities relating to fraud. The ASB voted in May to issue the exposure draft of ...

A dental manager and wife accused of preparing false financial statements for her husband’s orthodontist practice that underreported its profits and evaded paying more than $870,000 in U.S. taxes was ...

The Supreme Court on Tuesday grappled with the case of Patrick Daley Thompson, a former Chicago alderman and member of Chicago’s most storied political dynasty. Thompson served four months in a ...