Association of Certified Fraud Examiners – Janicek Valuation & Forensic Services, PLLC

Fraud Examiners in the Classroom: Lessons from the Front Lines of Academic Integrity

After working in military service, public accounting, corporate finance, and fraud examination, I’ve grown used to chaos—the kind of chaos that requires discipline, documentation, and a deep understanding of how deception works in the real world. But I’ve recently discovered that higher education, particularly in today’s age of online learning and artificial intelligence, is facingContinue reading “Fraud Examiners in the Classroom: Lessons from the Front Lines of Academic Integrity”

Exposing Collusion: How Forensic Accounting Uncovers Hidden Fraud and Protects Your Business

Collusion in auditing occurs when two or more individuals or entities conspire to circumvent internal controls, manipulate financial records, or hide fraudulent activities. It poses a significant challenge to auditors, as collusion can render even the most robust auditing processes ineffective. This is because the coordination among perpetrators often includes falsifying documents, suppressing information, orContinue reading “Exposing Collusion: How Forensic Accounting Uncovers Hidden Fraud and Protects Your Business”

The Essential Skills of a Forensic Accountant: How They Differ from Tax and Business Accounting

When it comes to unraveling complex financial mysteries, not all accountants are created equal. Forensic accounting stands apart as a specialized discipline that requires a unique blend of technical expertise, analytical skills, and investigative prowess. But what exactly sets a forensic accountant apart from a tax or business accountant, and why should you consider hiringContinue reading “The Essential Skills of a Forensic Accountant: How They Differ from Tax and Business Accounting”

What Is Identity Theft? (video)

Do you know the common ways identities are stolen and how you can best protect yourself? . Watch the latest animated video from the ACFE. All data is sourced from the 2018 and 2016 editions of the ACFE Report to the Nations on Occupational Fraud and Abuse, the ACFE’s global fraud study.

The Rise and Fall of an Embezzlement Scheme (video)

After the reinsurance company Nathan Mueller worked for was purchased by ING for $6 billion, he played a key role in transitioning its operations onto ING’s enterprise resource planning system. He began embezzling money to pay off personal debt and fund a passion for gambling. What started as a $1,100 check to a credit card,Continue reading “The Rise and Fall of an Embezzlement Scheme (video)”

What Does Fraud Mean To You? (video)

You may not think about it every day, but fraud affects your life more than you may realize. Learn how to protect yourself in the latest video from the ACFE.

ACFE 2017 Global Fraud Study – The Staggering Cost of Fraud

Organizations worldwide lose an estimated 5 percent of their annual revenues to fraud, according to the 2017 ACFE Report to the Nations on Occupational Fraud and Abuse. Fraud takes many shapes and forms, among them corporate fraud, consumer fraud, tax fraud, identity theft and many others.

ACFE 2016 Global Fraud Study – Fraud In Small Business

Anti-fraud professionals, business managers, government and regulatory agencies, and the media each have a vested interest in assessing the total amount of money lost to fraud each year. While many studies have attempted to determine the extent of fraud’s financial impact, the challenges in arriving at the true total cost of fraud are numerous.