Deterring and Detecting Financial Reporting Fraud (Part 2)

 

Cindy Fornelli, Executive Director of the Center for Audit Quality, and a member of the Anti- Fraud Collaboration Group discusses with  Bloomberg BNA best fraud- prevention practices. These recommendations are culled from workshops with company directors, management,  external auditors, internal auditors, the SEC, and the PCAOB. The Anti- Fraud Collaboration report on Addressing Challenges for Highly Subjective and Complex Accounting Areas is available to download free of charge from the Center for Audit Quality.