David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of fraud investigation, forensic accounting, and marital dissolution services in Philadelphia and the Delaware Valley. When asked to cut costs during a recent business downturn, the Director of Operations at a large national financial services firm… Read more »
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Posts Categorized: Fraud Deterrence
Firm Forensically Finds Phony, Fraudulent Vendors
David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of fraud investigation, forensic accounting and marital dissolution services in Philadelphia and the Delaware Valley. A relatively successful and difficult to uncover scheme used by deceptive employees to steal money on the job is creating phony… Read more »
Meet the New Socially Engineered Fraud: The CEO Scam
David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of fraud investigation, forensic accounting and marital dissolution services in Philadelphia and the Delaware Valley. John Jenkins was a hardworking and loyal corporate controller for Zest Products, a mid-sized wholesale distributor of cleaning products. So, when… Read more »
Substitution Schemes and How to Avoid Them
David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of fraud investigation, forensic accounting and marital dissolution services in Philadelphia and the Delaware Valley. Although most fraudsters go after cash because it is easier to misappropriate, more and more organizations are being hit with misappropriation… Read more »
Take Some Time (Off) to Help Prevent Fraud
David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of fraud investigation, forensic accounting and marital dissolution services in Philadelphia and the Delaware Valley. While your fraud deterrence program should be on the job 24/7, you should require your employees to regularly take vacations. It’s… Read more »
Keeping Non-Profits and Charities Safe from Fraud
David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of fraud investigation, forensic accounting and marital dissolution services in Philadelphia and the Delaware Valley. While non-profit organizations and charities spend most of their time helping people and providing valuable services, fraudsters often are busy helping… Read more »
Strangers in Strange Lands: Avoiding Fraud on Foreign Soil
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. You are looking to expand your company by either opening an office or manufacturing facility abroad, or you want to… Read more »
Untrustworthy ‘Trusted’ Employees Can Strike at Any Time
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. Every company or organization has them: “Trusted” employees. These are the long-time, seemingly loyal men and women whose work and… Read more »
It’s Your Choice: Pay to Deter Fraud, Or Pay Fraud Losses
We rotate and change the tires on our cars, we have insurance on our homes, we try to eat healthy and stay active. Why? To prevent bad things from happening in the future. It’s the same for a business owner and business fraud, said David Anderson, principal of David Anderson & Associates, a Philadelphia forensic… Read more »
The Consequences of Not Remitting Collected Taxes
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. Almost every organization is responsible for collecting and remitting taxes. These taxes, which occur on the Federal, state, county or… Read more »
The Serial Nature of Fraud
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. Serial crimes, such as murder and arson, have certain characteristics in common with fraud. According to Certified Fraud Examiner David… Read more »
Eliminating Opportunity Is Crucial to Fraud Deterrence
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. Opportunity – the ability for fraudsters to carry out the misappropriation of cash or other company assets – is one… Read more »
Summer Vacation Is Here! It’s Time for Fun . . . and Fraud
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. With the arrival of Memorial Day, another summer of fun and vacation has begun. Those employees with vacation homes at… Read more »
