Thanks in part to proactive efforts like the Anti-Fraud Collaboration, awareness and activity in the fight against financial reporting fraud are as strong as ever. Unfortunately, however, fraud still happens, and always will. So what steps should management and a...
While short-termism is a sizable challenge, so too is the commitment to understanding why this is such an entrenched business practice, and how we can mitigate its harmful effects. The Anti-Fraud Collaboration hosted a webcast, “Coming to Terms with Short-Termism”, to...
The common, and at times creative, use of “non-GAAP” financial reporting has come under scrutiny before by some, including the U.S. Securities and Exchange Commission (SEC). While not technically prohibited by SEC rules, the SEC’s attention to non-GAAP measures is...
Financial fraud reporting continues to be a major focus of both the public and private sectors. Participants across the financial reporting supply chain are also active in detecting and deterring fraud. The Anti-Fraud Collaboration continues to develop communication,...
The phrase “organizational culture” can mean different things, but can greatly influence the long-term success of an organization. By emphasizing the need to improve and maintain an ethical culture, executives can avoid corporate scandals while enhancing morale....
Encouraging “manageable dissent, helping employees diverge from “group think,” and building in agenda time for anti-fraud efforts were just a handful of the insights shared in Bloomberg BNA’s recap of an Anti-Fraud Collaboration webcast discussing “The Fraud Resistant...