Introduction: Taking the Layered Approach There’s a maxim in forensic accounting that investigations take twice as long as anticipated, yet the final report appears to have taken half the time. There are progressive layers in a forensic investigation that may need to be followed to reach a defensible conclusion. Each layer allows for the milestones […]
Forensic Accounting
Detecting Fraud Using Emerging Technology: Don’t Be Afraid to Innovate
Introduction In today’s rapidly evolving digital landscape, fraud and financial crime have become an increasingly complex and pervasive issue for organizations, big and small, global, and domestic. Fortunately, advanced technology and artificial intelligence (AI) have emerged as invaluable tools in the fight against malfeasance. By leveraging sophisticated algorithms, data analytics, and machine learning capabilities, combined […]
Six Managing Directors Join Ocean Tomo IP Disputes Practice
In June, J.S. Held President and CEO Jon Held announced the formation of J.S. Held Intellectual Property (IP) practice, which is a combination of the professionals from Ocean Tomo and IPFC and reports up through the firm Financial Investigations Division. The IP Practice is a core component of J.S. Held overall technical, scientific, and financial […]
SEC Enforcement Updates
Veris from Ocean Tomo Managing Director Carey Miller will moderate a Fireside Chat regarding recent trends and updates on SEC enforcement on Thursday, October 14th, from 1-2pm EST. The panel is sponsored by the AICPA’s Forensics and Valuation Services (FVS) Section. Registration for the virtual event is free and can be found here. The Fireside […]
Michelle Avery Speaks at William & Mary’s Mason Summer Business Institute
Veris from Ocean Tomo’s Michelle Avery recently spoke at William & Mary’s Mason Summer Business Institute (MSBI). Michelle was selected to discuss non-traditional finance options incorporating both her background in forensic analysis and auditing and her role on the AICPA’s Financial Reporting Executive Committee (FinRec). FinREC is a senior committee of the AICPA for financial […]
Amy Yurish Explores Potential Fraud Risks Outlined by the GAO Related to the CARES Act
In her July 2020 article “Paycheck Protection Program Loans: GAO Report Flags Potential Fraud Risks” written for the AICPA’s Professional Insights, AICPA FLS Fraud Task Force Member and Veris from Ocean Tomo Managing Director Amy Yurish explains potential fraud risks outlined by the GAO related to the Coronavirus Aid Relief and Economic Security (CARES) Act […]