Executive Summary After a fraud or scandal occurs, stakeholders ranging from employees, boards, investors, to regulators will question how it could have happened. The causes and contributing factors can often trace back to problems with the organization’s culture. A...
Executive Summary The Center for Audit Quality (CAQ) and Anti-Fraud Collaboration (AFC) convened a multi-stakeholder dialogue amongst members of the financial reporting ecosystem at an inaugural Fraud Forum during the 2024 International Fraud Awareness Week....
The growing popularity and ease of use of generative artificial intelligence (genAI) have encouraged organizations and individuals to explore how this technology can enhance business operations and day-to-day job activities. One area where genAI could potentially have...
Digital assets are quickly growing in popularity and more organizations are beginning to adopt this new technology. What are some of the fraud risks associated with digital assets? The latest addition to the Fraud and Emerging Tech series examines what digital assets...
As part of the Fraud and Emerging tech series, this article examines two key control objectives related to the prevention of fraud with the Paycheck Protection Program (PPP), focusing on technologies and processes to help mitigate identity-related frauds. This article...
Since early 2020, many organizations have been coping with the impacts of the COVID-19 pandemic. One of the most significant ripple effects from the pandemic is the challenge to organizations’ people and processes—from the wave of layoffs resulting from lockdowns and...