Fraud Blog

NACVA QuickReads: Normalization Adjustments

NACVA QuickReads: Normalization Adjustments

Recently, Joe wrote a ‘QuickRead’ article that was published on the website www.quickreadbuzz.com. The article can be read here, as well as, below.       Are there hidden risks to the valuator? The best defense against liability is a good offense. As Joseph Petrucelli explains in this article, a good starting point to ensure the appropriate level of professional skepticism and due professional care is maintained in engagements is asking the question: “What would a reasonable person think about my judgment?”   Introduction As valuators, we are asked to...

Read More

Accounting: Tiger Tactics 2013 Edition

Accounting: Tiger Tactics 2013 Edition

In July of 2013 Joe Petrucelli was invited to Louisiana to speak at the LSU Fraud and Forensic Accounting Conference. The LSU Fraud and Forensic Accounting Conference gathers the best of the best in the fraud and forensic accounting world and brings them together for a two day conference. Joe had the privilege of speaking about ‘The 10 Forensically Generally Accepted Accounting Principles Assumptions’ he developed during one of the main sessions. After a very successful conference Joe was featured in the Louisiana State University’s E.J. Ourso College of Business official...

Read More

Joe was invited to the Louisiana State University Fraud and Forensic Accounting Conference

In July Joe was invited to speak at the LSU Fraud and Forensic Accounting Conference. The LSU Fraud and Forensic Accounting Conference gathers the best of the best in the fraud and forensic accounting world and brings them together for a two day conference. Joe had the privilege of speaking about ‘The 10 Forensically Generally Accepted Accounting Principles Assumptions’ he developed during one of the main sessions.   Here Joe posses with D. Larry Crumbly at the conference. Joe proudly displays his book, Detecting Fraud in Organizations, just before speaking at the...

Read More

Joe Giving Tax Tips on News 12!

Joe recently appeared on News 12 New Jersey giving tax tips. See another clip here.

Read More

Book Review in The CPA Journal

Book Review in The CPA Journal

  I am honored to announce that my book Detecting Fraud in Organizations: Techniques, Tools and Resources was reviewed in the June 2013 issue of The CPA Journal. You can see the review here.

Read More

Professor Petrucelli oversees an Honor’s Thesis Paper

Professor Petrucelli oversees an Honor’s Thesis Paper

The photo to the right shows Daniel O’Shaughnessy and Professor Petrucelli at the Undergraduate Research Conference. Professor Joseph Petrucelli recently oversaw the preparation and finalization of an Honors thesis paper for one of his fraud students, Daniel O’Shaughnessy.  COSO Poster to accompany Thesis Paper The thesis paper Does the Committee of Sponsoring Organizations (COSO) Framework Prevent Fraud? maintains the idea that the COSO framework is not keeping up with the modern fraudster. The paper goes on to compare the major financial frauds that have occurred in history,...

Read More