Ethics

ACFE Voices: Charles Washington, CFE

Recently, Charles Washington, CFE, spoke on a panel for an ACFE webinar titled “A Conversation About Diversity, Equity and Inclusion in the Anti-Fraud Profession.” In this post, he digs in even further into this topic to share insights and advice on how you can make an impact in your own workplace and foster a culture of diversity, equity and inclusion as an anti-fraud professional.

ACFE Voices: Monica Modi Dalwadi, CFE, CPA

Monica Modi Dalwadi, CFE, CPA, is a managing partner in the D.C. area for Baker Tilly. She works primarily with owners and financial officers of companies, providing business consulting services. She also acts as a valued advisor to her clients as a partner and leader in risk, internal audit and cybersecurity.

20 Years After Sarbanes-Oxley

Arthur Andersen, Enron and WorldCom certainly left behind a legacy that changed the financial world, especially that of the public company. The Public Company Accounting Oversight Board (PCAOB) was born thanks to SOX and with it brought attention and improvements.

Support Groups for Fraud Victims

With all the busy work of report writing, speaking to law enforcement, preparing for court and filing examination findings, investigators do not always remember the trauma a financial loss can be to the victim.

Managing Cognitive Bias in Fraud Investigations

Cognitive bias is when an investigator's own assumptions or beliefs impact their judgment of information and evidence. When investigating fraud, it is important that the investigator be able to think clearly and make unbiased decisions. 

Case Study: Uncovering Unethical Activities in an Indian IT and ITeS Firm

This article provides an overview of a comprehensive forensic investigation conducted for a prominent Indian firm in the IT and ITeS industry.

Ethics Reporting Hotlines: The Key to Avoiding Financial Fraud

Having a safe, secure and reliable reporting system for employees to use will help ensure that wrongdoing is reported while whistleblowers are protected.

Ethics at Risk: Addressing Fraudulent Behavior in ABA Therapy

In the specialized field of Applied Behavior Analysis (ABA) therapy, which is crucial for improving behaviors in individuals with autism and other developmental conditions, the importance of adhering to ethical standards cannot be overstated. However, dishonest and fraudulent activities frequently jeopardize this field's credibility.

Defending Whistleblowers: Creating a Culture of Transparency Before the Tip Comes In

The ACFE's recently released Occupational Fraud: 2024 A Report to the Nations paints a clear picture: tip lines remain the most effective tool for detecting fraud, uncovering 43% of cases.

You Discovered Fraud — Now What? 5 Steps to Take After Suspecting Fraud in Your Company

If you suspect fraud has occurred at your organization, take these immediate action steps.

Top 8 Concealment Methods Used by Fraudsters

An act of fraud rarely occurs without subsequent acts to hide it. In the time after a fraud takes place, perpetrators are working in multiple ways to either circumvent controls or take advantage of a lack of controls.

How Illusory Superiority Can Threaten Your Fraud Investigations

Similar to the overconfidence bias, illusory superiority is described as when you overestimate your own abilities when compared to others. Confidence is an important trait for fraud examiners, but too much of it can lead to mistakes in investigations — and illusory superiority can contribute to overconfidence in imperceptible ways.

New Russia-Related Sanctions and Export Controls

Corporate leaders are faced with a moral dilemma, weighing the financial interests of their stakeholders against the public interest in unifying against the violent invasion of a sovereign nation. Further complicating the situation, some corporate leaders must also determine whether to cut ties with their own employees based in Russia — employees with families to feed and support. 

Fraud in a Time of ESG

Pakistan’s Journey Off the “Grey List”

Accountability at All Levels

The ACFE Warns Against Changing Sarbanes-Oxley Rules

A measure approved last week by the House Financial Services Committee to change Sarbanes-Oxley audit rules would lead to a higher incidence of fraud and an increase in the amount of fraud losses, according to the Association of Certified Fraud Examiners (ACFE).

Fraud and the Tone at the Top

Are Your Investigations Compliant With Privacy Laws?

Developing an Integrated Anti-Fraud, Compliance, and Ethics Program

Tone at the top can set a precedent for an ethical corporate culture, but a formal ethics program establishes a clear framework for the...

Combatting Fraud and Governance Challenges in a Dynamic Landscape

It’s more important than ever for business leaders to take initiative and encourage employee participation in internal fraud management programs...

Ethics, Rationalizations and Human Fallibility (Expert Insights Self-Study)

Ethics for Fraud Examiners in the Digital Age (Online Self-Study)

Learn about your ethical responsibilities and obligations as a fraud examiner in the digital age.

Practical Ethics for Fraud Examiners

Ethical Issues for Fraud Examiners

Learn what constitutes an ethical dilemma and develop an awareness of ethical issues faced by fraud examiners.

Ethical Theory for Fraud Examiners

As a fraud examiner, the decisions you make will be extremely important to your client or company as well as to the individuals you might be called...

Avoiding Ethical Lapses as a CFE (Online Self-Study)

Learn about common circumstances that lead to ethical lapses in judgment and gain insights into the potential consequences of your actions.

How to Build an Effective Ethics Program

Learn how to create and implement an effective ethics program, examine challenges that may arise after implementation and take steps to ensure the program remains successful.

Moving Beyond Generational Stereotypes (On-Demand Webinar)

If you are asking how to deal with millennials or what to do with the baby boomers you work with, you are asking the wrong questions...

Data-Driven Vs. Ethics-Driven Decision Making (On-Demand Webinar)

Big data and data-driven decision-making are more than just buzzwords. They are requirements in today’s competitive business environment...

Potholes on the Ethical Road from Investigations to Prosecution (On-Demand Webinar)

Learn how ethical issues arise throughout the life of a file from investigation to prosecution and the impacts of ethical choices by exploring a series of real-life...

Why We Take the Road to the Ethical Dark Side (On-Demand Webinar)

Almost daily we learn about another company whose employees have decided to take matters into their own hands and increase their take-home pay or the company's profits...

Seeing What You Want to See: How Confirmation Bias Affects Fraud Examinations (On-Demand Webinar)

During a fraud examination, confirmation bias — perhaps the most dangerous bias for fraud examiners — can lead us to look for and interpret the evidence...

Why Good People Do Bad Things (On-Demand Webinar)

Knowing how employees commit fraud isn't enough. You must recognize why employees steal from their organizations in the first place. This course focuses on the psychology...

Ethics by Degree (On-Demand Webinar)

If you place a frog in a pot of water and slowly raise the temperature, it will adapt to its environment and slowly boil to death…

Ethics in an Unethical World (On-Demand Webinar)

Today we live in a sea of ethical challenges - but is that any different from any of the recent past? In this course, you will learn about the challenges all of us face...

Assessing Your Organization's Ethical Culture (On-Demand Webinar)

Most would agree that a strong ethical culture is essential to preventing fraud within any organization. But what makes a good or bad ethical culture and why do...

My Wall Street Heist: The Story of Gary Foster

Gary Foster grew up in Jamaica before moving to New Jersey, where he landed his dream job at a Big Four U.S. bank on Wall Street. However, company loyalty...