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December 2020

Fraud Forecast for 2021

December 7, 2020 by Kerry Sapet

With the unexpected and unprecedented challenges of 2020, businesses and organizations have had little time to adjust to the changing circumstances. Significant increases in rates of fraud and employee theft have staggered businesses caught in transitional periods. Going into 2021, businesses should have an idea of upcoming risks and how to mitigate them.

Based on...

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Profiles of Women in Accounting: Mary Harris Smith

December 4, 2020 by Kerry Sapet

Profiles of Women in Accounting: Mary Harris Smith

 In 2019, Fiona Wilkinson, the first female president of the Institute of Chartered Accountants in England and Wales (ICAEW), announced she would work to honor the world’s first female chartered accountant. In May 2020, one hundred years after Mary Harris Smith became the first female fellow of...

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Understanding the Differences between an Examination Under Oath and a Deposition

December 4, 2020 by Kerry Sapet

By Ronald Mund, JD, MBA

Examinations under oath (EUO) and depositions each have a distinct and important role in the claims process. Understanding these proceedings can help individuals and businesses alike navigate the claims process.

Examinations Under Oath

An examination under oath is a proceeding in which an insurance company representative questions a policyholder while...

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