Goodbye and Good Riddance – Arcane Accounting Rules Failed Us in Securitization Mess (Part 1)

The accounting for the securitization of financial assets, particularly subprime home loans, has been defined by arcane accounting rules that helped many companies conceal mountains of debt and provided for the upfront recognition of massive and unearned future profits. Here's part one of the sad story.

Creating Enterprisewide Risk Awareness – CFEs: Are Your Entities Building Prudent ‘Risk Cultures’?

Many entities have imprudent risk cultures or elaborate ethics codes that aren't instilled among employees. CFEs can take a lead role in guiding companies through the essential fraud prevention process of creating an effective and vibrant risk culture.

Nine Candidates Selected for Board of Regents Ballot

Veterans Can Apply for CFE Exam Cost Reimbursement

ACFE Awards 30 Scholarships in 15th Year of Ritchie Jennings Memorial Program

IRS Criminal Investigation Recognizes CFE Credential for Hiring

In Memoriam: Robert J. DiPasquale, CFE, CPA, ACFE Fellow

Relentless TARP Watchdog - An Interview with Neil Barofsky, Special Inspector General for the Troubled Asset Relief Program

Neil Barofsky walked into an enormous, historic job when he became the special IG for TARP last year. But he knows that his relentless push for transparency and dogged pursuit of fraudsters will protect his bosses - the American taxpayers.

How Greed Started the Dominoes Falling – The Great American Economic Meltdown (Part 1)

The corporate greed that led to American excess was rampant in the years leading up to the current economic recession. At best, companies were unethical; at worst, they lurched over the fraud line.

Being Ready for the Worst – Preparing for Fraud and Corruption Investigations and Remediation

Resilient corporations generally take a three-pronged strategy to deal with the problem of fraud: they conduct thorough fraud risk assessments and periodically revisit them; they put fraud prevention and detection strategies in place; and they develop response strategies to deal with the frauds they aren’t able to prevent.