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Published January 15, 2020

038 Forensic Accounting with Bob Simpson, Welcome to 2020

SYNOPSIS 

Marketing RV with Ranalli & Volpe starts the new decade on the road, pulling up to the accounting firm of Brinker Simpson & Company in Springfield, Pa. to interview Partner Bob Simpson. Lorraine and Gene set out to understand the ins and outs of an accounting firm and how they market their services but became awestruck when Bob mentions the emergence of Forensic Accounting. 

Bob proceeded to tell stories about fraud, potential fraud, and the $40B—YES! $40,000,000,000—fraud industry preying on seniors. That’s just seniors and that’s just the amount reported and/or uncovered. Much of the crime goes undetected because victims are too embarrassed to speak out. 

In this episode, you will learn what Bob and members of his firm are doing to combat such fraud, with whom they are working, and measures you can take to avoid becoming a victim of identity, tax, and bank fraud. 
Follow Marketing RV, Gene, and Lorraine on your favorite social platform and let us know what you want to hear about more, or less, in the new year. Partnering is a surefire way to promote your brand, which is why we take Marketing RV on the road and talk business with interesting guests. If your business would like to sponsor and host Marketing RV, contact us here.

HIGHLIGHTS

03:45 Forensics Accounting explained

06:15 The difference between accounting audits and forensics

07:40 The story of a wealthy man who gets duped. This can happen to anyone.

14:14 Learn about adopting the buddy system to prevent fraud 

18:50 Corporate and municipal theft run amok 

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