Some companies doing business with the Defense Department have opaque ownership structures that may conceal who owns, controls, or benefits from the company. The Government Accountability Office ...

The Enterprise Fraud Risk Assessment (Practice Note) has been developed by the Government Counter Fraud Profession (GCFP) Centre of Learning, operating out of the Public Sector Fraud Authority. It was ...

Today, we look at the distinctions between fraud risk assessments and compliance risk assessments. Despite initial similarities in risk control and governance, the two are fundamentally different in ...

An amendment to the Economic Crime and Corporate Transparency Bill (the Bill) has brought in the offense of failure to prevent fraud (Offense). Under the new Offense, an organization will be liable ...

CHICAGO--(BUSINESS WIRE)--Grant Thornton LLP, one of America’s largest audit, tax and advisory firms, has introduced fraudrisk.x, a new technology that will allow Grant Thornton’s professionals to ...

The Committee of Sponsoring Organizations of the Treadway Commission, in collaboration with the Association of Certified Fraud Examiners, have introduced the COSO Fraud Risk Management Certificate ...

A new report from the Committee of Sponsoring Organizations of the Treadway Commission (COSO) offers a blueprint to organizations for establishing an overall fraud risk management program. Fraudsters ...

Manufacturers and distributors face a persistent and evolving threat from fraud. From procurement schemes and inventory theft to falsified financial reporting and cyber-enabled payment fraud, these ...

Small businesses and nonprofits can receive free internal control risk assessments from Justice for Fraud Victims (JFV) at the University of Maryland’s Robert H. Smith School of Business. The work ...

According to the latest Global State of Fraud and Identity Report from LexisNexis Risk Solutions, banks and online retailers can significantly improve their ability to capture hard-to-detect high-risk ...

Nearly half of real estate transactions reviewed in the first quarter of 2025 showed signs of potential wire and title fraud, according to a report from FundingShield. The company analyzed a portfolio ...