The famous ancient Greek dramatist Sophocles once said he'd rather "fail in honor rather than succeed by fraud." Sophocles ...

(WALA) - Austal USA LLC has agreed to settle an accounting fraud investigation. Austal on Tuesday pleaded guilty to one count of securities fraud and one count of obstruction of a federal audit. The ...

The field of accounting is facing a labor crisis. From the high rates of baby boomer CPAs that are retiring to the 4% decline in the number of college graduates earning a bachelor's or master's degree ...

When financial markets manipulate or bend earnings, the first step may be hiring someone willing to do it. And surprisingly, this might show up in plain sight—in the language of new accounting job ...

Reviewing the accountant’s responsibilities for fraud when performing an assurance engagement. Fraud is a serious concern that can have devastating consequences. With that in mind, there may be no ...

A panel featuring experienced professionals in financial disclosure and accounting fraud highlights the SEC's increased enforcement efforts, particularly from the SEC’s San Francisco Regional Office.

As the perpetrators of accounting fraud become ever more sophisticated in their techniques, fraud detection needs to step up its game. Thankfully, a group of researchers have devised a new machine ...

In a world where financial crimes can have devastating consequences, Amanda Malusky Krauss has built an impressive career uncovering the truth and seeking justice. A proud University of Dayton alumna, ...

When discussing risk in accounting, the focus typically shifts to fraud, intentional misconduct and bad actors. However, many of the most damaging issues in financial reporting and tax compliance stem ...

Senior citizens often fall victim to elder financial abuse, even at the hands of their closest relatives, but accountants can help protect them. Processing Content Seniors lost over $3.4 billion to ...

As the founder and CEO of a financial and accounting services firm, I’ve learned firsthand that the best approach to accounting is being proactive, not reactive. Unfortunately, many companies only ...