Research funded by the Institute for Fraud Prevention can radically change profession

While collaboration might seem like the obvious answer to solving complex — and even simple — problems, the world of fraud detection and prevention has been slow to embrace it in a critical area. We've underestimated the importance of research to assist fraud fighters in staying ahead of the curve. For years, the Institute for Fraud Prevention (theifp.org) has been addressing that gap by supporting research on fraud-related topics and providing the mechanism by which practitioners, regulators and academics can come together to solve problems.

IFP's beginnings

Established in 2006 by Dr. Joseph T. Wells, CFE, CPA, founder and Chairman of the ACFE, and the AICPA, the organization's primary mission is to improve the ability of business and government to combat these [fraud and corruption] crimes and to educate the general public on effective methods of recognizing and deterring them.