Audit inefficiencies to be observed by the forensic auditors

March end is close and many of the firms would be preparing for the finalisation of the accounts. Auditors are likely to visit their places and another...

Financial Statement Frauds in Indian Technology Sector

Financial Statement Frauds in the Information technology sector are here to stay. In the year 2009, Indiaforensic published the research on termed as " Early Warning Signals...

Auditor Integrity check is becoming essential

External Auditor’s opinion play a very important role in the global capital markets system. A third party opinion on the representations made in a company’s financial statements...

Carter’s Accounting Fraud

Securities and Exchange Commission charged Michael Johnson, a divisional merchandise manager at Kohl's, which is a national department store. The complaint alleged that Johnson assisted the financial...

Auditor Integrity set to be ground play of proposed Accounting Regulator

Background Hon. Prime Minister of India made the announcement on the occasion of the foundation day of the Institute of Chartered Accountants of India, which shattered the community....

Violation by Mendoza, Berger & Company,

Public Company Accounting Oversight Board barred Henry Mendoza from being associated person of registered public accounting firm. The Board found that Mendoza, the managing partner of the formerly...

Thornburg Mortgage Accounting fraud

Thornburg Mortgage Accounting fraud Securities and Exchange Commission filed securities fraud charges in the United States District Court for the District of New Mexico against Larry Goldstone, the...

PwC Forged the books to avoid taxes

Just a day after the PM announced a new agency to check the misdeeds of Chartered Accountants, PwC the auditing giant of India have been drawn to...

APC’s round trip transactions

Securities and Exchange Commission filed a civil injunctive action against a former senior vice president and a vendor of InPhonic, Inc., a now-bankrupt online retailer of cellular...

Violations by Dean Dorton Allen Ford

Public Company Accounting Oversight board imposed civil penalty on the Public Accounting firm for violating the auditor independence rules. Dean Dorton Allan Ford (DDAF) prepared the financial statements...

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FATCA Simulated Course for the aspirants of Certifications

Indiaforensic Center of Studies which offers the Certified FATCA Professional program.This examination is the Simulated Examination on the subject of FATCA. Simulated Examinations help...

Growing importance of Market Intelligence in Indian Banking Sector

In the wake of growing stressed assets in the Indian banks, it has become utmost important that the banks start collecting the market intelligence...

Scam risks associated with trading in Crypto currencies

Being an electronic cash system, crypto currencies, which works with a peer-to-peer network system, has never been the favourite when it comes to monetary...

How to be a successful forensic accountant ?

Successful forensic accountants in India are qualified as the Certified Forensic Accounting Professional (CFAP)

Risks Associated with Peer to Peer Crypto Currency Trading

The Bank for International Settlements (BIS) has recently warned that the emergence of cryptocurrencies has become a combination of a bubble, a Ponzi scheme...