“In my opinion, the problem today is 10 times worse than it was when Enron had its implosion in what was called the era of corporate fraud,” said Fastow. “The things that Enron did, and that I did, are being done today. In many cases, they’re being done in such a manner that makes me blush, and I was the CFO of Enron.” [AT]
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Five Questions with Tracy Coenen
If you’re currently engaged in fraudulent activity at your company, eventually you’re going to find yourself in Tracy Coenen’s Fraud Files Blog. She has published two books on the subject, Expert Fraud Investigation: A Step-by-Step Guide and Essentials of Corporate Fraud and more than a 100 articles in industry publications.
When she’s not writing about all things fraud, Tracy runs Sequence, Inc., providing forensic accounting and fraud examination services. The Sue Sachdeva/Koss fiasco happened in her backyard of Milwaukee and she’s been all over it, providing fine quotes on the matter.
Why do you blog?
Somebody has to expose the frauds and scams!
Why should you accountants read your blog?
Because I have interesting insights and I’m not afraid to state my very strong opinions.
Who is your favorite blogger?
Mike Masnick at Techdirt
Best thing about blogging for accountants?
There is a wide open market for accounting bloggers to be thought leaders (and to market themselves) because so few accounting and finance professionals are blogging about their profession.
The biggest issue facing accountants today is…
Truly understanding how fraud happens and how to find and prevent it.
Catching Your CPA Stealing From You Redhanded Must Be Oh So Satisfying
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The Dixon, Illinois Fraud Is the Latest Example of Why Reasonable Assurance Is Bullshit
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