• Michael Volkov on Internal Investigations: Best Practices

    Guest Post by Michael Volkov In-House counsel and corporate compliance officers dodge bullets everyday as they stare down the barrels of aggressive prosecutors, regulators, civil litigants, whistleblowers, disgruntled employees and shareholders prodded by trial attorneys to file derivative suits at […]

  • Article at CFO.com: When Your Compliance Program Fails

    The steps to take when an employee comes forward with a fraud tip, whether the allegations are false or not. By Tracy Coenen, Contributor to CFO.com You think your company has a robust compliance program to prevent financial-statement fraud, asset […]

  • Whistleblower Complaints: Fast Action Required

    Recently I wrote about an internal investigation I did for a company which received a whistleblower complaint, sent to executives, the board of directors, and the Securities and Exchange Commission. Upon receiving notification that allegations of fraud were being made […]

  • Creating a Culture of Compliance

    “Tone at the top” is an overused phrase, but if companies want to mitigate fraud senior leaders need to speak up forcefully. Kimberly Blanton – CFO Magazine Cell-phone markets in Central America and Southeast Asia were booming early in the […]

  • Small Filers Struggle With Internal Controls Over Fraud

    Compliance Week – Melissa Klein Aguilar A large school of thought has developed to support the argument that non-accelerated filers should be exempt from compliance with Section 404(b) of Sarbanes-Oxley, which requires external auditors to review and attest to the […]

  • Office Theft Cases Illustrate Importance of Oversight

    Jane Pribek – Wisconsin Law Journal Beaver Dam attorney James H. Olson, of Olson Law Offices LLC, got a sick feeling when a letter from a nearby community bank arrived at his home. The letter was from the bank vice-president, […]

  • Koss Fraud Spotlights Small Filers’ Internal Control Issues

    Compliance Week – Tammy Whitehouse As Congress debates whether to exempt non-accelerated filers permanently from internal control audits—and that debate may take much longer than many expect—lawmakers might want to ponder the breathtaking fraud at Koss Corp. and its implications […]

  • Accountants Cite Lessons Learned in Koss Scandal

    Eric Decker – BizTimes.com How could one corporate executive make more than $30 million in unauthorized transactions over four years without anyone else on the company’s leadership team or its third-party accounting firm being aware of the embezzlements? That is […]

  • Fraud Case Feeds Sarbox-Exemption Critics

    Could an alleged $31 million fraud at a company that reported $38 million in sales last year quash claims that internal-controls checks don’t matter? Sarah Johnson – CFO.com | US A finance executive’s alleged embezzlement of as much as $31 […]

  • A Review of Expert Fraud Investigation: A Step-by-Step Guide

    My second book, Expert Fraud Investigation: A Step-by-Step Guide, was recently reviewed by my colleague Michael Goldman for The Value Examiner, the magazine published for the National Association of Certified Valuation Analysts. It’s read by consultants who work in the […]