Cyber Sleuths Muscle Accountants Aside in Forensic Investigations

Chart of desirable skills
Source: ACFE

Teams want more cyber-security experts than accountants.

By CPA Trendlines Research

Fraud investigation teams are currently seeking or expecting to add people with skills in digital forensics and cybersecurity, according to a new benchmarking survey from the Association of Certified Fraud Examiners.

MORE: Focus on Cyber Risk, Not Just Security   |  You’re Not Tech-Savvy If You’re Not Cyber-Safe, Too  |  SURVEY: Cybersecurity Grows in Importance  |  Do You Belong In Cybersecurity?  |  Why CPAs Need to Worry about Cyber Crime (Especially in Tax Season)  |  Hackers Using Hotel WiFi to Spy, Steal Data

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Interviewing tops the list of desirable skills, followed by litigation support, data analytics and social media snooping. Forensic accounting comes in fifth. READ MORE →

CPA Trendlines Salutes Our Expert Authors Honored by CPA Practice Advisor

Rampe, Johnson, Hostetler cited.

CPA Practice Advisor's 40 Under 40 Awards this year include several CPA Trendlines expert authors, including:

  • Kristen Rampe, CPA – Founder, Kristen Rampe Consulting.  More here
  • Kacee Johnson, MBA –  Founder/CEO, Blue Ocean Principles. More here
  • Dustin Hostetler –Shareholder, Chief Innovation Officer, Lean Six Sigma Master Black Belt, Boomer Consulting, Inc.  More here

The annual program recognizes professionals who are "visibly and incrementally changing the accounting profession."

Accountex Features CPA Trendlines Headliners

Appearing at Accountex, top row: Johnston, Vetter, Warawa; bottom row: Shimamoto, Cieslak, Kless, Johnson.


Tech conference set for Boston, Sept. 6-8

Accountex - Free pass, $200 off: Register here with promo code 'CPATrendlines'
Free pass, $200 off: Register here with promo code 'CPATrendlines'

AccountexUSA, the annual conference on accounting technology once known as SleeterCon, is convening this year in Boston, Sept. 6-8, with a number of CPA Trendlines authors and experts in featured speaking roles.

CPA Trendlines readers can use the promo code "CPATrendlines" for a free pass to the expo hall or $200 off conference attendance when they register here.


Auditors: The World Needs You in the Fight Against Terrorism

What the Profession Needs to Know about Money Laundering. 

By Wm. Dennis Huber and Larry Crumbley

There are difficulties in measuring funds channeled into financing terrorist organizations and activities worldwide. Various sources estimate this funding to be between $590 billion and $1.5 trillion through money laundering. PwC suggests that “money laundering transactions are estimated at 2% to 5% global GDP, or roughly $1-2 trillion annually.”

However, financing terrorist organizations and activities is not necessarily the result of money laundering. Financing terrorist organizations and activities may be accomplished by reverse money laundering, or “money dirtying” which may make financing terrorist organizations and activities even more difficult to estimate.

Just as evidence of fraud cannot be ignored, so too evidence of financing terrorist organizations can no longer be ignored.

The goal of money-launderers is, like that of a corporate enterprise, to maximize profits and reduce risk while the goal of terrorists, on the other hand, is to further a political agenda or ideology, or to destroy or kill with no regard to profits and with little regard for risk. READ MORE →

True Diversity: The Next Frontier for the Accounting Industry

Jennifer Scott SUM Innovation HR

Understanding the Business Case in the Tax & Accounting Workplace.

By Jennifer Scott
SUM Innovation

Workplace diversity may best be described as the blend of individual and organizational characteristics, values, beliefs, experiences, and behaviors — all coming together to achieve a company’s vision.

Catch SUM Innovation founder and CEO Mathew Heggem discussing "The Art of HR" with Jason Blumer and Greg Kyte in a Thriveal podcast here.

Vision is an important concept for small businesses. There are multiple definitions of the word: the sense of sight, a thought or perception, an apparition, even an amazingly beautiful image. But in a business context, a vision is a future-focused statement about what an organization intends to become.