This article is the first of a series on accounting fraud and follows on from a previous article, “The current economic climate - a golden age for fraud?”,1 where we explained why challenging economic environments can create...more
“Germany’s Enron” Continues to Stagger Forward - It’s time to talk about Wirecard AG. In many respects, it’s yet another accounting fraud scandal – albeit a massive one. But now, inevitably, it also has become a money...more
The California Court of Appeal, Fourth District, recently issued a much-needed opinion that closed a gap in existing case law regarding duties owed by banks to its depositors. It has long been the rule that banks owe no duty...more
Kraft Heinz dropped a double-whammy on investors on Thursday, announcing a $15 billion charge against its Kraft and Oscar Mayer brands and revealing news of an SEC subpoena related to the company’s accounting practices....more
Financial fraud can destroy shareholder value and seriously damage the reputations of organisations. What will 2016 hold when it comes to trends in financial fraud?...more