Wickham earns Certified Fraud Examiner credentials
Matthew Wickham, a Senior Manager with Dyer, Hughes, Roche & Wilson, Inc., has passed all four parts of the Certified Fraud Examiner Exam.
The Certified Fraud Examiner program is an accrediting process for individuals with the specialized skills necessary to detect, investigate, and deter fraud.
During the last several years, fraud examination has been described in such publications as U.S. News and World Report, Working Woman, and Money magazines as one of the fastest growing professions.
CFEs have the expertise to resolve allegations of fraud, obtain evidence, take statements, write reports, testify to findings and assist in the detection and prevention of fraud and white-collar crime.
According to the Association of Certified Fraud Examiners website, to become a CFE, an individual must pass a rigorous test on the four major disciplines that comprise the fraud examination body of knowledge:
• Fraud Prevention and Deterrence - Tests your knowledge of why people commit fraud and what can be done to prevent it. Topics covered in this section include crime causation, white-collar crime, occupational fraud, fraud prevention, fraud risk assessment, and the ACFE Code of Professional Ethics.
• Financial Transactions - This section tests your knowledge of the types of fraudulent financial transactions incurred in accounting records. To pass this section, you will be required to demonstrate knowledge of these concepts: basic accounting and auditing theory, fraud schemes, internal controls to deter fraud and other auditing and accounting matters.
• Fraud Investigation - This section includes questions in the following areas: interviewing, taking statements, obtaining information from public records, tracing illicit transactions, evaluating deception and report writing.
• Legal Elements of Fraud - This section ensures that you are familiar with the many legal ramifications of conducting fraud examinations, including criminal and civil law, rules of evidence, rights of the accused and accuser and expert witness matters.
Matt holds a BS in Accounting, University of Akron and has more than 20 years of extensive public accounting experience in tax, accounting and auditing, and management advisory services. Prior to entering public accounting, Matt had five years of industrial accounting experience working for a closely-held, multi-divisional family of companies.
Matt is a member of OSCPA, AICPA, and IMA. He has dedicated many years of service as a trustee on various not-for-profit boards and is a graduate of the Leadership Wooster Class of 2002-2003.
We are proud to announce our company’s name change to Dyer Roche & Company, Inc.
Dyer Roche & Company, Inc. began as a small accounting firm providing our clients with excellent service in the Wooster area. Over the years our firm has grown to include three offices to better serve our clients in Wayne, Holmes and Medina counties. This growth has been possible because of the dedicated professionals and staff who work as a team to provide continuous commitment to excellence in our work with our clients.
We look forward to the future with enthusiasm as we continue to provide the superior level of service you have come to expect at Dyer Roche & Company, Inc.
Final DOL Overtime Rule Released
On May 18th, 2016 the DOL released a final rule that radically increases the thresholds for overtime rules, expanding the number of employees eligible for overtime pay. Under the FLSA, employees who work more than 40 hours in a week are entitled to overtime pay, unless they meet the requirements of certain wage and duties tests. The new rule doubles the minimum salary threshold from $455 per week to $913 per week (which amounts to $23,660 annually to $46,476 annually) and raises the exemption level for those considered to be "highly compensated employees" from $100,000 to $134,004 annual salary. Dyer Roche & Company, Inc. understands that the DOL rule may impact major business decisions like hiring, expansion, offering new benefits or more flexible work arrangements for employees, and possibly even require reductions at your company. We can help you in assessing the effects of the new overtime-pay rule. Companies will have until December 1, 2016, to make determinations on which employees to reclassify as nonexempt and implement the changes. Dyer Roche & Company, Inc. has the expertise to guide you through this change and help you plan for the future.