Avoid Negative Company Culture, Avoid Fraud

Management can unwittingly create an environment where fraud is free to thrive. Managers – whether they are an employee's department head, the company's CEO, or another member of the... Read more

Implement Cash Receipts Best Practices to Deter AR Fraud

Cash receipts processing is a critical AR process, one few companies could not benefit from enhancing and expediting. While many companies implement best practices in this area to speed... Read more

Fraud’s Impact on Accounts Receivable

Whether a fraudulent transaction is recorded as an overstatement of assets or revenue (or understatement of liability or expense), the impact of the fraud scheme will ultimately hit the... Read more

ACH Payments Lower Credit Fraud Risk—But Vigilance Still Required

As accounts receivable managers continually explore strategies to enhance their companies’ cash flow management, getting customers to pay electronically via ACH (automated clearing house) has emerged as a major... Read more

How to Spot Fraud

The Financial Operations Networks’ CFO, Mike Iverson, offers suggestions on how to identify situations where fraud could occur.

The Crooked Comptroller: Poster Child for Segregating Duties

Rita Crundwell was well known in her home town, Dixon, Illinois. The long-time, trusted city employee enjoyed a national reputation as a champion horse breeder. Many residents thought the... Read more

Top 10 Finance & Accounting Fraud Stories of 2014

As the following stories amply reveal, AR and credit managers are regularly exposed to a wide range of finance and accounting fraud. These schemes can range from the creation... Read more

Are You Sitting Next to a Fraudster?

Fraud is a universal and expensive problem. While there is no such thing as a stereotypical fraudster, fraud is more likely to occur in one of six departments,... Read more

Top 10 AR Fraud Stories of 2012

With hundreds of fraud stories filling the news feed throughout the past 12 months, The Accounts Receivable Network has narrowed them down to our top 10 stories of the... Read more

Fraud Prevention Checklist

The Association of Certified Fraud Examiners prepared a detailed fraud prevention checklist. Review the association’s recommendations.