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Certified public accountants and consultants. Caring People, Shaping Futures

Posts Tagged ‘Forensics’

Senior Experience: Day Three

Wednesday, May 13th, 2009

Today was a very enjoyable day and a big change from yesterday.

Yesterday I spent the majority of the day filing paperwork in the office, but today I went on a client lunch meeting with Ray Dunkle. I find Ray’s job to be very interesting because it seems to combine accounting with law.

Ray talked to me about the various things he does, such as fraud, forensics, and valuation. I never would have thought that an accountant would do things like this. The fraud investigations that he has participated in are very fascinating and help to keep one’s job interesting.

At lunch we met with a client who works for a  bank in Cleveland and his job is to go around to businesses promoting the bank in hopes that company’s will choose to do their financing with his bank. I found this lunch meeting to be very informative and the food from Bricco was good too.

After lunch we stopped by one of the businesses he is currently working on to determine its value to make sure it was still operational. Today was a very enjoyable and interesting day, and I’m sure there are more to come.

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I told you so…

Thursday, April 23rd, 2009

Those are words I don’t want to have to think about when working with clients.

As a fraud prevention evangelist, seeing this article from Compliance Week about the increase in corporate fraud over the last year was a double edge sword. As a fraud fighter, it seems so obvious to me that in desperate times like this it is vital to make sure you protect your company from fraudulent behavior, but seeing the rising statistics I was reminded that many companies believe they are immune to this. With cases like the Madoff scheme and the infamous Enron era, it is clear that trust is a façade in many cases and seemingly “good” people are preying on people’s trust.

Check out the full article from Compliance Week  Cos. Not Covering Increased Fraud Risks Amid Crisis

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