Suspicions Archives - John J. Hall, CPA - Speaker, Author and Consultant

Fraud Prevention Tip #50: The Three Key Components of an Anti-Fraud Program

Somewhere out there, your organization is probably being targeted for fraud right now. Internet-based hackers, international organized crime organizations, and even a small percentage of employees all see your assets and information as too tempting to ignore. But what are the three most important things you must do to deter these barbarians at the gate […]

Fraud Prevention Tip #49: How to Deal with Employee Theft

Anti-fraud efforts usually lean towards managing external threats. But your largest exposure is from employees simply because they are already inside your circle of trust. When we find out that a trusted employee has been stealing from the organization, it can be really difficult to know how to proceed. The theft in question could be […]

November 16, 2015 | John Hall | anti-fraud • Association of Certified Fraud Examiners • audit committee • Code of Conduct • controls • employee theft • employees • fraud deterence • honest employees • management • misconduct • risk management • Suspicions | Anti-Fraud

Fraud Prevention Tip #42: Be Ready to Respond

Here’s an exercise that will keep you awake at night. Assume that despite your best efforts at fraud prevention, you get hit anyway. What should you expect when fraud is detected? Explode False Beliefs Start by exploding these three myths: 1. We’re ready to address what might come up 2. The authorities will take care […]

October 22, 2015 | John Hall | action • anti-fraud • Association of Certified Fraud Examiners • business • cfo • controls • corporate fraud • detection • employee theft • leadership • management • misconduct • performance • planning • risk management • Suspicions • truths • vendors suppliers contractors | Anti-Fraud

Fraud Prevention Tip #40: Record an Anti-Fraud Webinar or Teleconference

Here’s where you get to have some real fun. Prepare and personally lead a 15-minute Webinar or audio conference call addressing one of the anti-fraud ideas on your list. Use any of the ideas in these Fraud Prevention articles as the basis for your script and slides. Webinars and teleconference calls are an inexpensive, easy, […]

October 12, 2015 | John Hall | action • anti-fraud • effective • fraud deterence • habits • honesty • internal fraud • leadership • management • performance • planning • risk management • Suspicions • truths | Anti-Fraud

Fraud Prevention Tip #39: Avoid Form Over Substance in Managing Risks

I’ve been a professional auditor for almost 40 years. And I’ve seen it over and over and over again – hundreds if not thousands of times. Form over substance controls and behaviors targeting fraud risks. Here’s what I mean: • Two signatures are required on transactions over a threshold like $5,000. But neither signer knows […]

October 8, 2015 | John Hall | action • anti-fraud • Association of Certified Fraud Examiners • audit committee • controls • corporate fraud • fraud deterence • fraud prevention • internal fraud • misconduct • risk management • Suspicions • vendors suppliers contractors | Anti-Fraud