Top Tips: Detecting financial statement fraud

Treasurers should watch out for these red flags from counterparties, according to fraud experts from international forensic accounting firm MDD.
Top Tips: Detecting financial statement fraud

The phrase “cook the books” has its roots in the 17th century. Treasurers who deal more with enterprise resource planning software (ERPs), treasury management systems, or bank account platforms might find the idiom outdated, but the same principles of fraud are still at play, even in the digital era.

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