• Forensic Accounting Fraud

Employee Fraud – An interview with Steven Ponsonby

 10 April, 2016
Employee Fraud

Employee Fraud

In a recent interview on employee fraud with Jan McCallum, a freelance journalist, Steven Ponsonby, founding Director of Forensic Accounting Qld was asked why a business owner should engage a specialist when confronted with a possible fraud.

Mr Ponsonby commented that  “Certified Fraud Examiners[1] look for the red flags[2] .  “We see patterns, and these patterns are similar across all frauds”.

Mr Ponsonby a member of the ACFE[3] went on further to say that “he often gets called by business owners who say they know something isn’t right, but can’t pinpoint why the company is not performing as expected” and that this isn’t surprising, because fraud by its nature is all about deceit,”.

Full details of the interview and other fraud facts can be accessed here.

[1] The Certified Fraud Examiner (CFE) credential denotes proven expertise in fraud prevention, detection and deterrence. CFEs around the world help protect the global economy by uncovering fraud and implementing processes to prevent fraud from occurring in the first place.

[2] http://www.acfe.com/rttn-red-flags.aspx

[3] The ACFE is the world’s largest anti-fraud organization and premier provider of anti-fraud training and education. Together with more than 75,000 members, the ACFE is reducing business fraud worldwide and inspiring public confidence in the integrity and objectivity within the profession.

Steven Ponsonby is a Chartered Accountant FCA, a Certified Fraud Examiner CFE and Insolvency Practitioner RITP and is the founding Director of Forensic Accounting Pty Ltd, a leading independent forensic accounting practice, providing forensic accounting services and expertise to a broad spectrum of clients across Australia.

One comment

  1. |

    Yet another reason why I’m so looking forward to AI. However, you never know how trustworthy AI will be 🙂