Somerset News Releases

Somerset News and Press Releases

Fishing in Revenue Streams - Revenue Overstatements
March 1, 2012

Ken W. Stalcup, CPA, CFE, CFF of our Litigation, Valuation & Forensic Team wrote an article that was published by Fraud Magazine recently.

“Revenue accounts are fraudsters’ favorite targets in financial statement frauds because they often contain the largest numbers and high volumes of transactions within general ledgers. As CFEs, we need to understand the underlying causes and motivations for overstating revenues. But don’t bury yourself in the ledgers; investigatory interviews and other analyses are imperative.”

Read more…

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