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May 3, 2017
Corporate Fraud United States: A former executive assistant at Procter & Gamble has pleaded guilty to defrauding the company out of more than $454,000 by using the P&G P-Card to pay for personal expenses as well as requesting P&G to issue corporate checks to make payments to her own... Read More »
April 27, 2017
Q:  I just started using CaseWare IDEA for data analysis. I used to do everything in Excel, but I see IDEA as a very useful addition in my analysis (and maybe at a certain point even a replacement for Excel). One key feature of Excel that I use a lot is to copy columns inside a worksheet (to keep... Read More »
April 25, 2017
If your company has a purchasing card (P-Card) program or travel and entertainment (T&E) expenses, you know that controlling costs and reducing abuse is always a business objective. Staying on top of expenses related to T&E and being racked up through a P-Card program is hard—especially if... Read More »
April 20, 2017
The topic of politically exposed persons (PEPs) is making headlines more frequently as global efforts to reduce money laundering increase. Institutions such as the Sonali Bank have made news for failing to perform sufficient customer due diligence—including failure to identify PEPs—leading to the... Read More »
April 18, 2017
CaseWare Analytics recently met Erin Baker, Data Analytics Program Manager for the University of Texas System Audit Office, and discussed her thoughts on data analytics. Here are some highlights from our conversation. Q: How much of a role does data analytics play in your position at the System?... Read More »
April 11, 2017
Artificial intelligence. Advanced, predictive analytics. Machine learning. These terms are heard with increasing frequency in the compliance space as solution providers seek new ways to evolve technology offerings to get ahead of compliance challenges. But does this mean that rules-based testing... Read More »
April 5, 2017
  Benford’s Law is always a popular topic in the audit and forensic accounting world. This rule, which predicts how often you should expect to see numbers 1 through 9 as the leading digits in accounts payable, deposits, disbursements and other select large data sets, can be an invaluable tool to... Read More »
March 28, 2017
March marks Fraud Prevention Month in Canada, an annual education and awareness campaign that encourages Canadians to recognize, reject and report fraud. It’s an important campaign, especially considering that most cases of fraud go unreported despite CFEs estimating that 5% of an organization’s... Read More »
March 22, 2017
The notion of ‘value add’ has evolved from an act of surpassing expectations to a requirement for auditors. But how, exactly, are audit professionals supposed to find this treasured value-add? At the IIA GAM Conference, March 20–22, presenter Aaron Boor, IT Audit & Project Automation Specialist... Read More »
March 16, 2017
HSBC: Lawyers for the U.S. government and HSBC Holdings have appealed to federal courts to block the release of report that shows how the bank is improving its money laundering controls. Dean Moore, a 53-year old Pennsylvania chemist, whose home is being foreclosed by HSBC, is leading the push for... Read More »

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