Anthony LaNasa CPA CFE

Posted in: Articles, Fraud

Financial Statement Fraud: Don’t Believe Everything You Read

Financial statements are central to understanding any business. A public company’s balance sheet, income statement and cash flow statement enable investors, lenders, the media and other stakeholders to value the company, forecast short- and long-term performance, and determine potential credit risk, among other purposes. To ensure analysis of a company is accurate and insightful, financial […]

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Michael Shoffner

Posted in: Articles, Fraud

Before You Scan a QR Code, Make Sure It’s Legitimate

Technology has made seemingly everything fast, convenient and easily accessible. This is certainly true of quick response (QR) codes, those ubiquitous symbols you can find on everything from restaurant menus to product packages to advertisements. When you scan QR codes with a smartphone, you can access prices, instructions, product information and even payment apps. But […]

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Anthony LaNasa CPA CFE

Posted in: Articles, Fraud

Got Fraud? Call a Forensic Accountant

Fraud perpetrated by employees, management, vendors or customers can happen to any business. And if it does, it can take years to recover from the financial losses and reputational damage. In some cases — especially those involving small companies that lack the cash reserves to cushion the blow — a fraud incident can shut down […]

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Anthony LaNasa CPA CFE

Posted in: Articles, Fraud

How Safe Are Your Business’s Paper Checks?

Recently, the Financial Crimes Enforcement Network (FinCEN) told U.S. financial institutions to exercise caution when processing paper checks because they might be fake. Paper checks? Didn’t those go the way of the dodo? Jokes aside, electronic transfers have indeed replaced paper checks for many consumer and business payments. Yet paper checks are still used at […]

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Anthony LaNasa CPA CFE

Posted in: Articles, Fraud

How to Outsmart Social Media Scammers

With billions of users worldwide, social media platforms can be a breeding ground for illicit activity — from simple identity theft to sophisticated and wide-ranging fraud schemes. Here’s an overview of some of the most common social media scams and tips to help prevent you or your business from becoming a fraud victim. Crooks Find […]

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