David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of fraud investigation, fraud deterrence, litigation support and expert witness testimony services in Philadelphia and the Delaware Valley. Some owners of businesses that receive payment in cash for a significant amount of sales (primarily retail businesses)… Read more »
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Posts Categorized: Fraud Deterrence
Are Banks Unwittingly Facilitating Small Business Fraud?
David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of fraud investigation, fraud deterrence, litigation support and expert witness testimony services in Philadelphia and the Delaware Valley. Several frauds that I recently investigated have been strikingly similar. In each case, a trusted employee misappropriated funds… Read more »
Don’t Underestimate the Importance of Contingency Planning
David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of fraud investigation, fraud deterrence, litigation support and expert witness testimony services in Philadelphia and the Delaware Valley. Many businesses have no disaster or contingency plans in place. Others have only disaster plans to address such… Read more »
Let Potential Fraudsters Know You Have an Eye on Them
David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of fraud investigation, fraud deterrence, litigation support and expert witness testimony services in Philadelphia and the Delaware Valley. It might not exactly be Big Brother, but letting your employees know you are watching them and have… Read more »
Petty Cash Fraud Can Be Anything but Insignificant
David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of fraud investigation, fraud deterrence, litigation support and expert witness testimony services in Philadelphia and the Delaware Valley. When it comes to the relatively small amount of money that’s kept in your company or organization petty… Read more »
Cut Down on Expense Reimbursement Fraud with These Forensic Accounting Tips
David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of fraud investigation, fraud deterrence, litigation support and expert witness testimony services in Philadelphia and the Delaware Valley. One of the most insidious types of fraud affecting small and large corporations and organizations is expense reimbursement… Read more »
Knowing “The Fraud Triangle” Can Keep Employee Fraud at Bay
David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of fraud investigation, fraud deterrence, litigation support and expert witness testimony services in Philadelphia and the Delaware Valley. While there are many facets to fraud deterrence, there is a seemingly simple approach to this unquestionably complex… Read more »
Specialized Software Helps Forensic Accountants Reduce Litigation Costs
David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of fraud investigation and fraud deterrence, litigation support, and forensic accounting services in Philadelphia and the Delaware Valley. The use of specialized data-mining software in complex litigation support and forensic accounting engagements can yield significant cost… Read more »
Keeping You Up to Date on The Top Tax Scams
David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of fraud investigation, fraud deterrence programs, and forensic accounting services in Philadelphia and the Delaware Valley. Here, once again, is the annual list released by the Internal Revenue Service of the top tax scams it has… Read more »
Forensic Accountants Help Jurors Understand Complex Information
David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of fraud investigation, fraud deterrence programs, and forensic accounting services in Philadelphia and the Delaware Valley. The task of explaining complex matters to jurors and presenting them with reams of financial information can seem nearly impossible. … Read more »
Calculating the Value of Forensic Accountants in Termination, Discrimination Cases
David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of fraud investigation, fraud deterrence programs, and forensic accounting services in Philadelphia and the Delaware Valley. In many wrongful termination and employment discrimination, attorneys depend on forensic accountants to calculate damages and, if necessary, provide expert… Read more »
When Tip Lines Don’t Work
David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of fraud investigation, fraud deterrence programs and forensic accounting services in Philadelphia and the Delaware Valley. In last week’s blog, Certified Fraud Examiner David Anderson reported that tips remain the most frequent source for the discovery… Read more »
Tips Still the Most Common Way Fraud Is Discovered
David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of fraud investigation, fraud deterrence programs and forensic accounting services in Philadelphia and the Delaware Valley. Many people believe that if their financials are audited or reviewed, then any existing fraud will be discovered. However, national… Read more »
