When it comes to the IRS, tax fraud is one of its biggest and most urgent concerns. Launched in 2020, the IRS established the Office of Fraud Enforcement (OFE) is order to focus more strategically on combating tax fraud. Fraud detection has long troubled the IRS, so the OFE serves….
Financial crimes range from fraud to money laundering, from insider dealing and market abuse to corruption and bribery, and from electronic crime to terrorist financing. While financial crimes have always been a global threat, the last few decades have unearthed just how impactful these crimes can be on the global….
In the United States, as well as Australia and the United Kingdom, expert witnesses are utilized in trial or deposition to lean on their opinion. Qualifications of an expert witness depend on things like education, experience, training, skills, and certification. Whether the judge looks to the expert witness to gauge….
America’s divorce rate is already about 50 percent, but what does that number look like during and after this pandemic? From quarantining together to monetary stresses, a lot of couple are struggling to survive the coronavirus with their partners. The trouble, many are saying, is that planning a divorce when….
Unfortunately, fraudulent activity among businesses has experience a steady increase in the past few years. With the increasing power and connectivity of the internet, it seems to be easier than ever to experience fraud. The Global Fraud and Identity Report from 2018 reported that 33% of businesses experienced more fraud….
The end of a marriage is difficult for everyone. From splitting up a family to splitting up everything else that goes along with shifting from one household to two, things tend to get a bit messy. Divorce experts often say that if both parties involved come out of the dissolution….
In the United States, a divorce occurs every 13 seconds. Unfortunately, that seemingly shocking statistic likely surprises very few people. When you think about divorce you probably associate it with words like “messy”, “stressful”, and “sad”. But what makes a divorce so messy? Sure, there are loads of emotional aspects….
Finances play a major role in both the beginning and, if applicable, the end of a marriage. When a couple makes the decision to split up, determining how to divide the marital property is by and far the most complicated, critical aspect. The accumulation of assets and debts throughout the….
From finance to business to legal issues, the role of a forensic accountant stretches further than many people realize. Sure, the $360 billion hit the economy takes each year due to corporate fraud gets most of the attention, but the reality is that forensic accounting weaves its way into a….
The various types of fraud and corruption seen in today’s work environment range significantly, thus posing a unique challenge to identifying these threats in the first place. From asset misappropriation to data theft, from payroll fraud to vendor fraud, and from accounting fraud to bribery, detecting fraud and corruption in….