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In 2019 the Federal Trade Commission (FTC) reported approximately $2 billion in losses due to scams targeting private individuals, with estimates for...

The utility of accounting careers and the analytical, mathematical focus of accountancy may be responsible for the stereotype of accounting being plain or dull. Bucking this stereotype, a number of celebrities’ careers began in accounting. Ranging from professional singers and athletes to bestselling authors, these famous individuals studied or practiced accountancy before they landed in...

Payroll fraud, or schemes in which employees use means to deceive employers into issuing undue payments, represents one of the most common forms of employee theft....

One of the first major cases of employee fraud to break in 2021 was a “ghost employee” scheme in which a computer...

In 2012, the small town of Dixon, Illinois found its claim to fame; it was the site and victim of a $53 million embezzlement scheme perpetrated by a former town...

In 2018, hobbyists experimenting with machine learning and artificial intelligence reached a remarkable technological achievement with deeply problematic ramifications: the first widely...

In 2016, the American Institute of CPAs (AICPA) chose its first African-American Chairman of the Board of Directors, Kimberly Ellison-Taylor, CPA, CGMA. With her leadership experience at NASA, Motorola, and Oracle – as well...

Universities, advocacy organizations, and accounting professionals are currently faced with an important question: what will it take to ensure a healthy, sustainable...

With more than 5,000 African American CPAs in the United States today, the profession has made remarkable progress in the last 50 years, especially compared to the early years of the CPA designation. This progress was made possible by the dedication and tenacity of...

As businesses struggle with the difficulties of an isolated workforce and changing consumer needs during the COVID-19 pandemic, income loss has threatened...