According to the FBI, “white-collar crime is … synonymous with the full range of frauds committed by business and government professionals … characterized by deceit, concealment, or violation of trust …. The motivation behind these crimes is financial—to obtain or avoid losing money, property, or services or to secure a personal or business advantage.” CPAs can and should play a crucial role in preventing and detecting white-collar crime, as well as in prosecuting the perpetrators. This session will explore whether we are up to this challenge, heighten awareness regarding the CPA’s role as a front-line defender of the public interest, and assess whether we are deserving of the public trust we enjoy.
- What white collar crime is
- Nature and characteristics of white-collar crime
- Why CPAs play a key role in combating white-collar crime
- Recent, high-profile white-collar crime cases
- Definitions of white-collar crime
- White-collar crime characteristics and statistics
- The CPA’s role in combating white-collar crime