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International Fraud Awareness Week

calculator with fraud on top of money

The Association of Certified Fraud Examiners is spreading fraud awareness, detection, and prevention with International Fraud Awareness Week.

 

Over 900 organizations across the globe have signed on as supporters of International Fraud Awareness Week. During this week (November 3-9) the ACFE is encouraging businesses and business leaders to promote fraud awareness, educate employees and spread the word about fraud. Although many think detecting fraud is the job of upper level business pros, fraud can be detected and prevented by anyone within any organization. Because of this, the ACFE uses fraud week to encourages organizations of all shapes and sizes to survey employees on current fraud awareness, conduct fraud detection training, share articles about fraud, and use the #FraudWeek hashtag as a way to connect with other organizations combating fraud.

“FRAUD: INTENTIONAL PERVERSION OF TRUTH IN ORDER TO INDUCE ANOTHER TO PART WITH SOMETHING OF VALUE OR TO SURRENDER A LEGAL RIGHT.”

-Merriam-Webster Dictionary

 

Each year, the IRS releases a “Dirty Dozen” list of tax scams, reminding taxpayers to use caution during tax season. Here are the Dirty Dozen tax scams for 2013 from IRS.gov:

  1. Identity Theft

  2. Phishing

  3. Return Preparer Fraud

  4. Hiding Income Offshore

  5. “Free Money” from the IRS & Tax Scams Involving Social Security

  6. Impersonation of Charitable Organizations

  7. False/Inflated Income and Expenses

  8. False Form 1099 Refund Claims

  9. Frivolous Arguements

  10. Falsely Claiming Zero Wages

  11. Disguised Corporate Ownership

  12. Misuse of Trusts 

 

We at Accounting Principals know the importance of detecting and preventing fraud. Check back Friday for our tips on how to avoid fraud in the workplace!

Visit www.fraudweek.com for information on how to minimize the impact of fraud, and to find out how you can be involved in International Fraud Awareness Week.

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Accounting Principals

We're Accounting Principals--a leader in finance and accounting staffing. In fact, since 2010, we've been part of Adecco Group, a Global 500 company and leader in staffing services around the world. But this isn't staffing as usual. We take quite a different approach than most staffing agencies. A people-focused approach. We believe in forming real relationships with both our clients and our candidates. We want to understand the needs on both sides.

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