Books and records, Bribery, Compliance, Corporate Fraud, Cross Border Investiga..., DOJ, Ethics, Foreign Corrupt Practi..., Fraud and Forensic, Fraud Investigations, Governance, Internal Audit, Internal Control Defic..., Internal Controls, Investigations, Risk, SEC, White Collar Crime Jonathan T. Marks Books and records, Bribery, Compliance, Corporate Fraud, Cross Border Investiga..., DOJ, Ethics, Foreign Corrupt Practi..., Fraud and Forensic, Fraud Investigations, Governance, Internal Audit, Internal Control Defic..., Internal Controls, Investigations, Risk, SEC, White Collar Crime Jonathan T. Marks

Foreign Bribery “Nips” Another for About $300 Million

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False Claims Act, Fraud, Fraud and Forensic, Fraud Investigations, Fraud Risk Management, Governance, Qui Tam, Risk, White Collar Crime Jonathan T. Marks False Claims Act, Fraud, Fraud and Forensic, Fraud Investigations, Fraud Risk Management, Governance, Qui Tam, Risk, White Collar Crime Jonathan T. Marks

False Claims Act: Supreme Court Recognizes Extended Statute of Limitations For Relators

Cochise settles a circuit split and effectively lengthens the potential period of a company’s vulnerability to qui tam suits over alleged False Claims Act violations.

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Audit Committee, Board of Directors, Chief Audit Executive, Chief Compliance Officer, Compliance, Control Environment, Coronavirus, Corporate Fraud, COVID -19, Directors, Ethics, Fraud, Governance, Internal Audit, tone at the top, Tone from the Top, Values, White Collar Crime Jonathan T. Marks Audit Committee, Board of Directors, Chief Audit Executive, Chief Compliance Officer, Compliance, Control Environment, Coronavirus, Corporate Fraud, COVID -19, Directors, Ethics, Fraud, Governance, Internal Audit, tone at the top, Tone from the Top, Values, White Collar Crime Jonathan T. Marks

Tone From the Top, the Next Level

As a result of COVID-19, the Board of Directors and Senior Management are challenged to monitor the cultural shifts of their organization and adjust their sensitivity and the frequency of communications as appropriate.Leaders should always try to find ways to talk and engage with their people to motivate them, especially during these uncertain and trying times. If done correctly, talking can be incredibly powerful. It can help relieve anxiety (defined as "a feeling of worry, nervousness or unease, typically about an imminent event or something with an uncertain outcome") and help people find the strength they didn't know was in them. Studies have shown that talking shuts down the brain's fear center.

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Anti-fraud, Board of Directors, Books and records, Bribery, Chief Audit Executive, Chief Compliance Officer, Compliance, Compliance Coordinator, Corporate Fraud, Corruption, Crisis Management, Culture, Data Analytics, DOJ, Due Diligence, ERM, Ethics, FCPA, Foreign Corrupt Practi..., Forensic Accounting, Fraud, Fraud Investigations, Fraud Risk Management, General Counsel, Governance, GRC, Hotline, IIA, Internal Audit, Internal Controls, Investigations, Process Improvement, Red Flag, Regulatory, Remediation, Risk, Risk Assessment, Risk Management, SEC, Third Party, Tips, Training, Triage, Whistleblower, White Collar Crime Jonathan T. Marks Anti-fraud, Board of Directors, Books and records, Bribery, Chief Audit Executive, Chief Compliance Officer, Compliance, Compliance Coordinator, Corporate Fraud, Corruption, Crisis Management, Culture, Data Analytics, DOJ, Due Diligence, ERM, Ethics, FCPA, Foreign Corrupt Practi..., Forensic Accounting, Fraud, Fraud Investigations, Fraud Risk Management, General Counsel, Governance, GRC, Hotline, IIA, Internal Audit, Internal Controls, Investigations, Process Improvement, Red Flag, Regulatory, Remediation, Risk, Risk Assessment, Risk Management, SEC, Third Party, Tips, Training, Triage, Whistleblower, White Collar Crime Jonathan T. Marks

New DOJ Guidance Addresses ‘Effectiveness’ of Compliance Programs

DOJ Evaluation of Corporate Compliance Programs

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Audit Committee, Board of Directors, Chief Audit Executive, Chief Compliance Officer, Corporate Fraud, Crisis Management, Ethics, FCPA, Foreign Corrupt Practi..., Fraud, Fraud Investigations, Fraud Risk Management, General Counsel, Governance, IIA, Internal Audit, Investigations, Red Flag, SEC, Supreme Court, Third Party, Tips, Triage, Whistleblower, White Collar Crime Jonathan T. Marks Audit Committee, Board of Directors, Chief Audit Executive, Chief Compliance Officer, Corporate Fraud, Crisis Management, Ethics, FCPA, Foreign Corrupt Practi..., Fraud, Fraud Investigations, Fraud Risk Management, General Counsel, Governance, IIA, Internal Audit, Investigations, Red Flag, SEC, Supreme Court, Third Party, Tips, Triage, Whistleblower, White Collar Crime Jonathan T. Marks

SEC Challenged Over Delay on Whistleblower Award Decision

Tipsters have grown frustrated with the length of time it has taken the the SEC ("Commission") to determine whether a tip warrants a reward. 

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ACFE, Anti-fraud, Audit, Audit Committee, Automation, Board of Directors, Books and records, Bribery, Cash, Chief Audit Executive, Chief Compliance Officer, Colleges and Universities, Collusion, Compliance, Compliance Coordinator, Conflict of Interest, Continuous Auditing, Continuous Monitoring, Control Environment, Corporate Fraud, Corruption, Crisis Management, Cross Border Investiga..., Culture, Cyber, Damages, Data, Data Analytics, Data Integrity, Directors, Dodd-Frank, DOJ, Due Diligence, ERM, Ethics, Evidence, False Claims Act, FCPA, Foreign Corrupt Practi..., Forensic Accounting, Four eyes approval, Fraud, Fraud and Forensic, Fraud Investigations, Fraud Pentagon, Fraud Risk Management, GDPR, General Counsel, Global, Governance, GRC, Hidden Assets, Hotline, IIA, Internal Audit, Internal Control Defic..., Internal Controls, Interview, Investigations, Materiality, Money Laundering, Monitor, Monitoring, Monitorship, NACD, Nonprofit, Not for Profit, Podcast, Process Improvement, Qui Tam, Red Flag, RegTech, Regulatory, Related Party, Remediation, Risk, Risk Assessment, Risk Management, Robotic, Root Cause, Sampling, Sarbanes-Oxley, Seaboard, SEC, Shell Company, Skepticism, Supreme Court, Tax Fraud, Technology, Theft, Third Party, Thought Leadership, Tone from the Top, Training, Triage, Values, Whistleblower, White Collar Crime Jonathan T. Marks ACFE, Anti-fraud, Audit, Audit Committee, Automation, Board of Directors, Books and records, Bribery, Cash, Chief Audit Executive, Chief Compliance Officer, Colleges and Universities, Collusion, Compliance, Compliance Coordinator, Conflict of Interest, Continuous Auditing, Continuous Monitoring, Control Environment, Corporate Fraud, Corruption, Crisis Management, Cross Border Investiga..., Culture, Cyber, Damages, Data, Data Analytics, Data Integrity, Directors, Dodd-Frank, DOJ, Due Diligence, ERM, Ethics, Evidence, False Claims Act, FCPA, Foreign Corrupt Practi..., Forensic Accounting, Four eyes approval, Fraud, Fraud and Forensic, Fraud Investigations, Fraud Pentagon, Fraud Risk Management, GDPR, General Counsel, Global, Governance, GRC, Hidden Assets, Hotline, IIA, Internal Audit, Internal Control Defic..., Internal Controls, Interview, Investigations, Materiality, Money Laundering, Monitor, Monitoring, Monitorship, NACD, Nonprofit, Not for Profit, Podcast, Process Improvement, Qui Tam, Red Flag, RegTech, Regulatory, Related Party, Remediation, Risk, Risk Assessment, Risk Management, Robotic, Root Cause, Sampling, Sarbanes-Oxley, Seaboard, SEC, Shell Company, Skepticism, Supreme Court, Tax Fraud, Technology, Theft, Third Party, Thought Leadership, Tone from the Top, Training, Triage, Values, Whistleblower, White Collar Crime Jonathan T. Marks

PHorensically Speaking Podcast Feed is Live!

With the help from a true friend, Tom Fox, I am entering the world of Podcasting. I will be developing at least three Podcasts per

Continue reading

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Anti-fraud, Audit, Audit Committee, Chief Audit Executive, Chief Compliance Officer, Compliance, Continuous Auditing, Continuous Monitoring, Corporate Fraud, Data Analytics, Directors, Ethics, Fraud, Fraud Investigations, Fraud Risk Management, Governance, IIA, Internal Audit, Internal Controls, Monitor, Monitoring, Process Improvement, Red Flag, Risk Management, Root Cause, Training, Whistleblower, White Collar Crime Jonathan T. Marks Anti-fraud, Audit, Audit Committee, Chief Audit Executive, Chief Compliance Officer, Compliance, Continuous Auditing, Continuous Monitoring, Corporate Fraud, Data Analytics, Directors, Ethics, Fraud, Fraud Investigations, Fraud Risk Management, Governance, IIA, Internal Audit, Internal Controls, Monitor, Monitoring, Process Improvement, Red Flag, Risk Management, Root Cause, Training, Whistleblower, White Collar Crime Jonathan T. Marks

Baker Tilly’s 2019 Effective Governance and Compliance Roundtable Series - May 1, 2019 - CPE Event in Philadelphia -Using Continuous Auditing and Monitoring in the Fight Against Fraud

Organizations are under increasing scrutiny regarding ethical lapses and allegations of fraud. Fiscal year 2018 was a record-breaking year for the U.S. Securities and Exchange Commission’s whistleblower program, as more and more individuals have been coming forward with allegations of impropriety. Come learn how to use continuous auditing and monitoring in the fight against fraud - or help improve your compliance program!

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Anti-fraud, Audit Committee, Board of Directors, Books and records, Chief Audit Executive, Chief Compliance Officer, Corporate Fraud, Data Analytics, Ethics, Forensic Accounting, Fraud, Fraud Investigations, Fraud Pentagon, Fraud Risk Management, Governance, IIA, Internal Audit, Internal Controls, Red Flag, Risk Assessment, Risk Management, Whistleblower, White Collar Crime Jonathan T. Marks Anti-fraud, Audit Committee, Board of Directors, Books and records, Chief Audit Executive, Chief Compliance Officer, Corporate Fraud, Data Analytics, Ethics, Forensic Accounting, Fraud, Fraud Investigations, Fraud Pentagon, Fraud Risk Management, Governance, IIA, Internal Audit, Internal Controls, Red Flag, Risk Assessment, Risk Management, Whistleblower, White Collar Crime Jonathan T. Marks

Baker Tilly is proudly is Speaking at 2 Presentations during the 14th Annual Fraud Summit on campus at the University of Texas at Dallas on March 29th, 2019

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Anti-fraud, Audit, Books and records, Compliance, Corruption, Due Diligence, FCPA, Fraud, Fraud Investigations, Hidden Assets, Internal Audit, Internal Controls, Investigations, Risk, Risk Assessment, Shell Company, Third Party, Treasury, White Collar Crime Jonathan T. Marks Anti-fraud, Audit, Books and records, Compliance, Corruption, Due Diligence, FCPA, Fraud, Fraud Investigations, Hidden Assets, Internal Audit, Internal Controls, Investigations, Risk, Risk Assessment, Shell Company, Third Party, Treasury, White Collar Crime Jonathan T. Marks

Hidden Assets and Illegal Payments

Stuffed animals, loose bricks in basement walls, mattresses, caves, hollow tree trunks, holes in the ground, and safe deposit boxes have provided hiding spots.Today, hiding assets may be a much more sophisticated endeavor, often involving investments, banks, and overseas financial transactions.Investigators should consider using a defined process to pursue matters that involve a search for hidden assets and illegal payments.

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ACFE, Audit Committee, Board of Directors, Bribery, Chief Audit Executive, Chief Compliance Officer, Compliance, Corporate Fraud, Directors, DOJ, Ethics, FCPA, Foreign Corrupt Practi..., Forensic Accounting, Fraud, Fraud Investigations, Fraud Risk Management, Governance, GRC, Hotline, IIA, IIA Philadelphia, Internal Audit, Internal Controls, Interview, Investigations, Red Flag, Risk, SEC, Third Party, Whistleblower, White Collar Crime Jonathan T. Marks ACFE, Audit Committee, Board of Directors, Bribery, Chief Audit Executive, Chief Compliance Officer, Compliance, Corporate Fraud, Directors, DOJ, Ethics, FCPA, Foreign Corrupt Practi..., Forensic Accounting, Fraud, Fraud Investigations, Fraud Risk Management, Governance, GRC, Hotline, IIA, IIA Philadelphia, Internal Audit, Internal Controls, Interview, Investigations, Red Flag, Risk, SEC, Third Party, Whistleblower, White Collar Crime Jonathan T. Marks

Fraud Training - The Investigative Interview: Assessing Subject Credibility

This one day Fraud Symposium, hosted by the Institute of Internal Auditors - Philadelphia Chapter, will include other topics such as: Fraud hotlines, Current trends in white-collar crime (FCPA, FCA, etc.), Investigation pitfalls, Third-party risk management, and Compliance and Internal Audit issues.

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ACFE, Analytics, Cash, Corporate Fraud, Data, Data Analytics, Ethics, Forensic Accounting, Fraud, Fraud Investigations, Fraud Pentagon, General Counsel, Governance, IIA, Internal Audit, Internal Controls, Investigations, Materiality, Red Flag, Sampling, Theft, Third Party, White Collar Crime Jonathan T. Marks ACFE, Analytics, Cash, Corporate Fraud, Data, Data Analytics, Ethics, Forensic Accounting, Fraud, Fraud Investigations, Fraud Pentagon, General Counsel, Governance, IIA, Internal Audit, Internal Controls, Investigations, Materiality, Red Flag, Sampling, Theft, Third Party, White Collar Crime Jonathan T. Marks

Fraud Tip Friday: Small Dollars, Big Problems

Last week, a Transit supervisor and five others were charged in connection with a scheme to steal over $2 million from the agency. The kicker: the payments were under the limit of $5,000 – roughly speaking, that’s over 400 payments!

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ACFE, Anti-fraud, Audit Committee, Board of Directors, Bribery, Chief Audit Executive, Chief Compliance Officer, Compliance, Ethics, FCPA, Foreign Corrupt Practi..., Forensic Accounting, Fraud, General Counsel, Governance, Hotline, IIA, IIA Philadelphia, Internal Audit, Internal Controls, Investigations, Red Flag, Third Party, Training, Whistleblower, White Collar Crime Jonathan T. Marks ACFE, Anti-fraud, Audit Committee, Board of Directors, Bribery, Chief Audit Executive, Chief Compliance Officer, Compliance, Ethics, FCPA, Foreign Corrupt Practi..., Forensic Accounting, Fraud, General Counsel, Governance, Hotline, IIA, IIA Philadelphia, Internal Audit, Internal Controls, Investigations, Red Flag, Third Party, Training, Whistleblower, White Collar Crime Jonathan T. Marks

March 22, 2019, IIA Philadelphia's Annual Fraud Symposium Sponsored by Baker Tilly - Register Today!

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Compliance, Corporate Fraud, Data Analytics, Directors, DOJ, Ethics, FCPA, Foreign Corrupt Practi..., Forensic Accounting, Fraud, Fraud Investigations, Fraud Risk Management, General Counsel, Governance, Hotline, Internal Audit, Internal Controls, Investigations, Red Flag, Regulatory, Risk Assessment, Risk Management, Root Cause, Sampling, Sarbanes-Oxley, SEC, Third Party, Triage, Whistleblower, White Collar Crime Jonathan T. Marks Compliance, Corporate Fraud, Data Analytics, Directors, DOJ, Ethics, FCPA, Foreign Corrupt Practi..., Forensic Accounting, Fraud, Fraud Investigations, Fraud Risk Management, General Counsel, Governance, Hotline, Internal Audit, Internal Controls, Investigations, Red Flag, Regulatory, Risk Assessment, Risk Management, Root Cause, Sampling, Sarbanes-Oxley, SEC, Third Party, Triage, Whistleblower, White Collar Crime Jonathan T. Marks

Fraud and Compliance Master Class in Chicago, Illinois on March 20 and 21, 2019

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ACFE, Anti-fraud, Audit Committee, Board of Directors, Books and records, Bribery, Chief Audit Executive, Chief Compliance Officer, Compliance, Corporate Fraud, Culture, Directors, DOJ, Ethics, FCPA, Foreign Corrupt Practi..., Forensic Accounting, Fraud, Fraud Investigations, Fraud Pentagon, Fraud Risk Management, Fraud Triangle, General Counsel, Governance, Hotline, IIA, Internal Audit, Internal Controls, Monitor, Monitoring, Red Flag, SEC, Skepticism, Whistleblower, White Collar Crime Jonathan T. Marks ACFE, Anti-fraud, Audit Committee, Board of Directors, Books and records, Bribery, Chief Audit Executive, Chief Compliance Officer, Compliance, Corporate Fraud, Culture, Directors, DOJ, Ethics, FCPA, Foreign Corrupt Practi..., Forensic Accounting, Fraud, Fraud Investigations, Fraud Pentagon, Fraud Risk Management, Fraud Triangle, General Counsel, Governance, Hotline, IIA, Internal Audit, Internal Controls, Monitor, Monitoring, Red Flag, SEC, Skepticism, Whistleblower, White Collar Crime Jonathan T. Marks

Combating Fraud Through Effective Internal Controls

“Fraud is not an accounting problem; it is a social phenomenon.” Joe WellsMost companies will not readily admit that their organizations may be vulnerable to fraud.According to the 2020 Report to the Nations published by the Association of Certified Fraud Examiners (“ACFE”), which contains an analysis of approximately 2,500 cases of occupational fraud that were investigated between January 2018 and September 2019, organizations lose 5% of their annual revenues to fraud. While this number is only a general estimate based on the opinion, it represents the collective observations of anti-fraud experts who together have investigated hundreds of thousands of fraud cases. Based on the ACFE’s study, the median loss caused by frauds was $125,000, with 21.0% of the cases resulting in losses of at least $1 million.

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Anti-fraud, Audit, Audit Committee, Board of Directors, Bribery, Chief Audit Executive, Chief Compliance Officer, Compliance, Corporate Fraud, Crisis Management, Foreign Corrupt Practi..., Forensic Accounting, Fraud Investigations, Fraud Risk Management, General Counsel, Governance, Internal Audit, Internal Controls, Investigations, Risk Assessment, Risk Management, Root Cause, Sarbanes-Oxley, Skepticism, White Collar Crime Jonathan T. Marks Anti-fraud, Audit, Audit Committee, Board of Directors, Bribery, Chief Audit Executive, Chief Compliance Officer, Compliance, Corporate Fraud, Crisis Management, Foreign Corrupt Practi..., Forensic Accounting, Fraud Investigations, Fraud Risk Management, General Counsel, Governance, Internal Audit, Internal Controls, Investigations, Risk Assessment, Risk Management, Root Cause, Sarbanes-Oxley, Skepticism, White Collar Crime Jonathan T. Marks

Fraud tip Friday! The Grand Illusion

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Anti-fraud, Audit, Audit Committee, Board of Directors, Books and records, Chief Audit Executive, Chief Compliance Officer, Collusion, Compliance, Compliance Coordinator, Conflict of Interest, Corporate Fraud, Directors, DOJ, Ethics, FCPA, Foreign Corrupt Practi..., Fraud, Fraud Risk Management, General Counsel, Governance, IIA, Internal Audit, Internal Controls, Investigations, Monitoring, Red Flag, Related Party, Risk Assessment, Risk Management, Root Cause, Sarbanes-Oxley, SEC, Skepticism, Third Party, White Collar Crime Jonathan T. Marks Anti-fraud, Audit, Audit Committee, Board of Directors, Books and records, Chief Audit Executive, Chief Compliance Officer, Collusion, Compliance, Compliance Coordinator, Conflict of Interest, Corporate Fraud, Directors, DOJ, Ethics, FCPA, Foreign Corrupt Practi..., Fraud, Fraud Risk Management, General Counsel, Governance, IIA, Internal Audit, Internal Controls, Investigations, Monitoring, Red Flag, Related Party, Risk Assessment, Risk Management, Root Cause, Sarbanes-Oxley, SEC, Skepticism, Third Party, White Collar Crime Jonathan T. Marks

Collusion, Conflicts of Interest, and Corruption!

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Anti-fraud, Audit, Board of Directors, Books and records, Bribery, Chief Audit Executive, Chief Compliance Officer, Compliance Coordinator, Corporate Fraud, Cross Border Investiga..., Cyber, Directors, Ethics, FCPA, Foreign Corrupt Practi..., Forensic Accounting, Fraud, Fraud Investigations, Fraud Risk Management, General Counsel, Global, Governance, IIA, Internal Audit, Internal Controls, Investigations, Red Flag, Regulatory, Risk, Risk Assessment, Risk Management, Root Cause, Sarbanes-Oxley, Seaboard, SEC, Thought Leadership, Whistleblower, White Collar Crime Jonathan T. Marks Anti-fraud, Audit, Board of Directors, Books and records, Bribery, Chief Audit Executive, Chief Compliance Officer, Compliance Coordinator, Corporate Fraud, Cross Border Investiga..., Cyber, Directors, Ethics, FCPA, Foreign Corrupt Practi..., Forensic Accounting, Fraud, Fraud Investigations, Fraud Risk Management, General Counsel, Global, Governance, IIA, Internal Audit, Internal Controls, Investigations, Red Flag, Regulatory, Risk, Risk Assessment, Risk Management, Root Cause, Sarbanes-Oxley, Seaboard, SEC, Thought Leadership, Whistleblower, White Collar Crime Jonathan T. Marks

Investigation Roundtable on January 23, 2019, in Center City Philadelphia - Register Today! CPE/CLE

Investigation Roundtable on January 23, 2019, in Center City Philadelphia

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Board of Directors, Bribery, Chief Audit Executive, Chief Compliance Officer, Compliance, Compliance Coordinator, Corporate Fraud, Cross Border Investiga..., DOJ, Ethics, FCPA, Foreign Corrupt Practi..., Forensic Accounting, Fraud, Fraud Investigations, Fraud Risk Management, General Counsel, Governance, GRC, Internal Audit, Internal Controls, Investigations, Regulatory, Remediation, Risk, Risk Management, Whistleblower, White Collar Crime Jonathan T. Marks Board of Directors, Bribery, Chief Audit Executive, Chief Compliance Officer, Compliance, Compliance Coordinator, Corporate Fraud, Cross Border Investiga..., DOJ, Ethics, FCPA, Foreign Corrupt Practi..., Forensic Accounting, Fraud, Fraud Investigations, Fraud Risk Management, General Counsel, Governance, GRC, Internal Audit, Internal Controls, Investigations, Regulatory, Remediation, Risk, Risk Management, Whistleblower, White Collar Crime Jonathan T. Marks

Focus on the Bad Actors! DOJ Outlines Key Policy Revisions Re-Focusing on Individual Accountability

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Analytics, Anti-fraud, Audit, Automation, Board of Directors, Chief Audit Executive, Chief Compliance Officer, Compliance, Compliance Coordinator, Corporate Fraud, Data, Data Integrity, Forensic Accounting, Fraud, Fraud Investigations, Fraud Risk Management, Governance, GRC, IIA, Internal Audit, Internal Controls, Investigations, Monitor, Monitoring, Process Improvement, Regulatory, Risk, Risk Management, Robotic, White Collar Crime Jonathan T. Marks Analytics, Anti-fraud, Audit, Automation, Board of Directors, Chief Audit Executive, Chief Compliance Officer, Compliance, Compliance Coordinator, Corporate Fraud, Data, Data Integrity, Forensic Accounting, Fraud, Fraud Investigations, Fraud Risk Management, Governance, GRC, IIA, Internal Audit, Internal Controls, Investigations, Monitor, Monitoring, Process Improvement, Regulatory, Risk, Risk Management, Robotic, White Collar Crime Jonathan T. Marks

Robotic Process Automation: Using Technology for Forensic Investigations and Compliance

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