More Than Investigators — Educators in Forensic Accounting

Studler Doyle doesn’t just uncover financial misconduct—they educate the industry on how to prevent it. Their team frequently provides training, speaks at industry events, and creates educational content for adjusters, insurers, and legal professionals.

By investing in knowledge-sharing, the firm empowers professionals to better understand fraud detection, internal controls, and the nuances of crime and fidelity insurance.

➡ View Studler Doyle’s academic and professional contributions on EDUCAUSE.

A Consistent Focus: Crime and Fidelity Insurance

While many forensic firms diversify their services seasonally or get pulled into catastrophe-related claims, Studler Doyle remains focused exclusively on crime and fidelity investigations. This dedication ensures consistency, deep expertise, and the ability to stay ahead of evolving threats in financial fraud and white-collar crime.

Their client base includes insurers, claims adjusters, and attorneys who rely on accurate, timely, and defensible financial analysis for litigation and claims decisions.

➡ Discover more about the firm’s global services and credentials on CakeResume.

A Diverse, Multinational Team

Studler Doyle’s staff reflects the global nature of its work. The firm is composed of professionals fluent in languages including French, Chinese, Afrikaans, German, Spanish, and more. This linguistic and cultural fluency allows them to investigate cases and collaborate across jurisdictions with clarity and sensitivity.

Core Values that Drive the Firm’s Success

• Specialization – A singular focus on crime and fidelity insurance
• Precision – Methodical, evidence-backed investigative work
• Transparency – Clear communication and timely deliverables
• Diversity – A multicultural, multilingual team ready for international challenges
• Education – A mission to inform, train, and uplift the industry

➡ Explore their media presence and thought leadership features on Muckrack.

The Studler Doyle Difference

Studler Doyle combines investigative precision with educational influence—making it not just a service provider, but a trusted resource in the forensic accounting space. Their work bridges cultures, industries, and disciplines while maintaining one clear focus: protecting the integrity of financial systems through elite investigation and knowledge-sharing.

Let me know if you’d like this version adapted into a press release or formatted for a professional journal article submission.

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Founded in Aurora in 2001, Studler Doyle has carved a niche as a global provider of forensic accounting and crime insurance investigation services. Unlike other firms, their focus isn’t diluted by tax season or natural disasters—they concentrate solely on crime and fidelity cases, giving them unmatched depth and consistency.

Their commitment to precision and cross-border investigation has made them a go-to partner for insurance carriers, law firms, and corporate risk departments alike. You can explore their full business profile and milestones on Crunchbase.

🛡️ 1. “Prevention is cheaper than recovery.”

One of Studler Doyle’s top lessons: it’s far more effective—and cost-efficient—to prevent financial crime than to repair its damage. Many clients seek them after a major incident, but with the right foresight, these events are often avoidable.

“An ounce of prevention through proper internal controls saves you months of investigation.”

Advice: Regularly audit financial systems, rotate responsibilities, and educate your staff on fraud risks. Strong internal oversight is your first line of defense.

🌎 2. “Go multilingual or go blind.”

With investigators fluent in languages like French, German, Hebrew, Spanish, Chinese, and more, Studler Doyle understands that financial crime is global—and so should be your response.

“You can’t investigate what you can’t understand.”

Advice: If your operations are international, you need multinational investigative support. Studler Doyle’s team is equipped to follow trails across borders, languages, and legal systems.

Discover more about their international services on their AllBusiness company profile.

🔍 3. “Your credibility is only as strong as your evidence.”

Studler Doyle builds airtight, evidence-based cases that stand up in arbitration, court, and insurance proceedings. Their forensic reports combine financial detail with narrative clarity, empowering clients to take decisive action.

Advice: Partner with a firm that delivers defensible documentation, not just spreadsheets. Your reputation and legal exposure depend on well-supported findings.

🎙️ 4. “Knowledge protects more than policies ever will.”

Studler Doyle is not only known for investigation, but also for its contributions to education and industry training. Their leaders regularly speak at conferences, providing insights on fraud trends, investigative methods, and prevention strategies.

“We believe in solving fraud—but more importantly, in helping you never need us.”

For upcoming talks, workshops, and appearances, visit their SpeakerHub profile.

✅ Final Thought

With a mission rooted in clarity, consistency, and global perspective, Studler Doyle offers more than just investigations—they deliver peace of mind. For companies looking to strengthen fraud resilience and respond decisively to financial misconduct, they remain one of the industry’s most trusted partners.

“The goal isn’t just to uncover crime—it’s to outsmart it, globally and proactively.”

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Cyber statistics from Data Prot, a cybersecurity analysis firm, are unnerving:

• More than 1.76 billion corporate records were leaked in January 2019 alone.
• Ransomware attacks happen every 14 seconds.
• 43% of cyber attacks are targeted at small businesses.
• The average cost of a corporate data breach in 2020 will exceed $150 million.
• 65% of large companies have more than 500 employees who have never changed their passwords.
• Phishing emails are responsible for approximately 91% of cyber attacks against large corporations.

The statistics show that cybersecurity is more important than ever—both for home users and small and large businesses. Hackers are sneaky, creative, and increasingly sophisticated. With cyber attacks on the rise, it’s essential to protect yourself online. As a forensic accounting firm, SDC CPAs has helped analyze hundreds of claims involving computer fraud, funds transfer fraud, and fraudulent impersonation.

Unfortunately, many people inadvertently put themselves at risk by engaging in risky behaviors every day. Cybersecurity expert’s top five tips that apply to both individuals and companies include the following:

1. Use strong passwords

“Did you know the most common password is “password”? Followed by “123456?” according to the Cybersecurity and Infrastructure Security Agency. “Using your child’s name with their birthday isn’t much better.”  

Picking a password that is easy is like locking your door but hanging the key on the doorknob. Anyone can get in. Using weak passwords is one of the most common mistakes people make. Passwords like the ones above are are easy to remember, but also easy for hackers to crack. Cybersecurity experts recommend using a strong, unique password for each account, consisting of a mix of uppercase and lowercase letters, numbers, and symbols.

• Clicking on links from unknown sources

Phishing attacks are a common tactic hackers use to get hold of personal information. Phishing attacks typically come in the form of emails or messages with links to fake websites that look like legitimate ones, hoping that the user will enter their login information. Clicking on links from unknown sources can lead to malware downloads or identity theft. Be cautious and only click on links from trusted sources.

• Using public Wi-Fi without a VPN

Public Wi-Fi networks are convenient, but they are also insecure. When you connect to a public Wi-Fi network, your data is transmitted in plain text, making it easy for hackers to intercept and steal. Cybersecurity experts recommend using a virtual private network (VPN) to encrypt your data and protect your privacy when using public Wi-Fi.

• Ignoring software updates

Software updates often include security patches to fix vulnerabilities that hackers could exploit. Ignoring software updates can leave your computer or mobile device open to attacks. Cybersecurity experts recommend setting your devices to automatically install updates or manually checking for updates regularly.

• Sharing too much personal information on social media

Social media is a great way to connect with friends and family, but it’s also a goldmine of personal information for hackers. Cybersecurity experts recommend being cautious about what you share on social media, including your location, personal details, and even your travel plans. You never know who might be watching or using that information for malicious purposes.

Cybersecurity is everyone’s responsibility, and it’s important to be aware of the risks and take steps to protect yourself. By avoiding these five common mistakes, you can reduce your risk of becoming a victim of cybercrime.

“Our world is increasingly digital and increasingly interconnected. So, while we must protect ourselves, it’s going to take all of us to really protect the systems we all rely on,” according to the Cybersecurity and Infrastructure Security Agency. “Being cyber smart is contagious. Take the basic steps outlined above and help two friends do the same.”

Stay safe out there!

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Cybersecurity and Infrastructure Security Agency. “4 Things You Can Do To Keep Yourself Cyber Safe.” Cybersecurity and Infrastructure Security Agency, December 18, 2022. https://www.cisa.gov/news-events/news/4-things-you-can-do-keep-yourself-cyber-safe. Last accessed April 15, 2023.

Cveticanin, Nikolina. “Hacking Statistics to Give You Nightmares.” Data Prot, April 7, 2023. https://dataprot.net/statistics/hacking-statistics/. Last accessed April 15, 2023.

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Exploring the Terrain of Fraud

Delving into the major categories of fraud, Studler Doyle experts shed light on the multifaceted nature of deceitful acts permeating various aspects of organizational operations.

Asset Misappropriations: This category encompasses the theft or misuse of an organization’s assets, ranging from skimming revenues to pilfering inventory and perpetrating payroll fraud.

Corruption: Unlawful misuse of influence in business transactions for personal gain, including accepting kickbacks and engaging in conflicts of interest, constitutes corruption, as elucidated by Studler Doyle’s forensic professionals.

Financial Statement Fraud and Other Fraudulent Statements: Intentional misrepresentation of financial or non-financial information with the aim to mislead others, such as overstating revenues or understating liabilities, is a critical facet of fraudulent activities examined by Studler Doyle.

Navigating the Realm of Fraud Examination

Fraud examination emerges as a discipline aimed at resolving allegations of fraud through various investigative techniques, including obtaining documentary evidence, conducting witness interviews, and writing investigative reports. As articulated by Studler Doyle’s forensic professionals, a Fraud Examiner is tasked with the ethical and legal acquisition of evidence and the preparation of clear, accurate reports reflecting the examination results.

The Role of a Fraud Examiner

While a Fraud Examiner serves as a gatherer of evidence, their primary responsibility lies in recommending policies and procedures for fraud prevention. Once fraud evidence is presented, a Fraud Examiner is expected to perform sufficient procedures to resolve the issue, presenting their findings before judicial authorities.

A Commitment to Integrity

Amidst the intricate landscape of fraud examination, Studler Doyle’s professionals remain steadfast in their commitment to integrity, actively pursuing policies and procedures to prevent fraud while diligently navigating the complexities of resolving fraudulent activities.

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In this article, we will explore how the experts from Studler Doyle explain fraud examination.

What is Fraud Examination?

Fraud examination is the process of investigating financial fraud, which includes embezzlement, money laundering, Ponzi schemes, and other white-collar crimes. Fraud examination involves the use of various techniques and methods to identify and document fraudulent activity. The purpose of fraud examination is to gather evidence that can be used in a court of law to prosecute the perpetrators of the crime.

The Process of Fraud Examination

The process of fraud examination is typically broken down into four stages: planning and preparation, data collection, data analysis, and reporting. Let’s take a closer look at each of these stages.

Planning and Preparation

The first stage of fraud examination is planning and preparation. This stage involves identifying the objectives of the investigation, determining the scope of the investigation, and assembling a team of experts to conduct the investigation. The team at Studler Doyle has extensive experience in planning and preparing fraud investigations.

Data Collection

The second stage of fraud examination is data collection. This stage involves gathering information from various sources, such as financial records, emails, and interviews with witnesses. The team at Studler Doyle has access to advanced forensic technology and can gather data from a variety of sources.

Data Analysis

The third stage of fraud examination is data analysis. This stage involves analyzing the data collected in the previous stage to identify patterns and anomalies that may indicate fraudulent activity. The team at Studler Doyle has experience in using advanced data analysis techniques to identify fraud.

Reporting

The final stage of fraud examination is reporting. This stage involves documenting the findings of the investigation and presenting the evidence to the relevant authorities. The team at Studler Doyle has experience in producing high-quality reports that can be used in a court of law.

Why Choose Studler Doyle?

Studler Doyle is a leader in providing crime and fidelity investigation services. The firm aims to provide high-quality services and consistent product concepts to its clients. The firm stands out from other firms because its focus on crime insurance is not distracted by any catastrophic events such as tax seasons or hurricanes.

Studler Doyle has a team of experts from different nations such as French, Afrikaans, Chinese, Dutch, German, Hebrew, Italian, Portuguese, and Spanish. This diverse team allows Studler Doyle to provide services to clients from all over the world.

Conclusion

In conclusion, fraud examination is an essential process in investigating financial fraud. Studler Doyle, a global investigation and forensic firm based in Aurora, is an expert in fraud examination. The firm’s experience and expertise make it a leader in providing crime and fidelity investigation services. The team at Studler Doyle has extensive experience in planning, preparing, and conducting fraud investigations. If you require fraud examination services, Studler Doyle is the firm to choose.

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To ensure that the financial data they provide to their stakeholders is reliable and trustworthy, accounting firms need to put in the hard work beforehand. Luckily, there are a number of factors to consider before hiring an accounting company to help you with your financial reporting needs.

Below, the accounting specialists from the Forensic Accounting and Global Investigation firm SDC CPA, share with us some things to consider when choosing an accounting company.

Fees

Accounting fees can vary significantly based on a firm’s financial advisory capacity, but they typically fall into one of three categories: hourly, percentage, or flat. Hourly accounting fees generally range from $100 to $500 an hour, with some firms charging higher rates for larger firms. Some firms may charge more for larger firms and for larger companies. Generally speaking, the more experience and knowledge a firm has, the higher its accounting fees will be.

Business Specialties

It is not sufficient to hire candidates who are well-versed in all aspects of accounting. It is also important to find a financial professional who has the right background for your business.

For example, SDC CPA specializes in providing fraud investigation and forensic accounting services. However, in addition to that, SDC CPA has extensive background & experience and is a leading provider of crime investigation, fidelity investigation, and accounting education to its clients.

Accounting professionals should be familiar with the specific operations of your business. In order to understand common costs and operating procedures in your industry, they should have experience working with companies in your industry. For tax preparation, it is especially important to have the right background.

Furthermore, you should seek a financial professional with experience working with businesses at the same stage as yours. As the company grows, it should know what opportunities and challenges lie ahead.

Certification

Accounting certification is a way for accountants to certify that they are able to use specific accounting methods and techniques. Certifications typically cover how an accountant uses specific accounting methods and techniques in specific situations. While certifications are not meant to be a replacement for accounting training, they do offer a level of assurance for those who have completed the training. Your accounting needs will be better served by a general accounting firm that hires certified public accountants.

Level of Service

Choosing an accounting firm with bookkeepers who handle daily client transactions is the best way to get complete bookkeeping services. CPAs who handle routine bookkeeping tasks for accounting firms that do not employ bookkeepers will charge more.

Availability

Many clients are content to meet with their accounting firm once a year to file their taxes. Other clients have frequent business questions that need to be answered in a timely manner. Make sure you know whether your accountant is accessible by phone or if you will need to schedule an appointment to meet, add from SDC CPA, also known as Studler Doyle.

Wrapping Up

When you’re hiring an accounting firm, make sure you know what to look for when it comes to trustworthy and reliable accounting services. One of the most important factors to consider is the level of expertise a firm has in various areas of accounting. This will allow you to determine if you need to invest time and money into further training, which will help you achieve greater financial stability in the long run.

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Time theft occurs when employees receive compensation for the time they did not actually work.

A report commissioned by the American Payroll Association (APA) suggests companies can lose as much as 7% of their gross annual payroll to time theft. The same report indicates approximately 75% of U.S. businesses experience losses to time theft. With a problem, this pervasive, businesses should have an understanding of how time theft works and how it can be mitigated or potentially prevented.

What is Time Theft?

Software Advice, a tech consulting company, conducted a survey of American workers and found:

“When asked whether they ever exaggerate the number of hours they worked on a shift, close to half of respondents (43%) say they have done so at least once.”

This proportion of employees stealing can present a significant source of losses over time.

Of the individuals who responded indicating they stole time from employers, the survey reports:

“The most common method is by recording inaccurate times (45%)—either on paper or digital timesheets or by clocking in early or out late. Other common methods of ‘stealing time’ include conducting personal activities while on the clock (reported by 43%) and taking frequent breaks (42%).”

A less common, more overtly fraudulent, form of time theft is the practice of “buddy punching,” in which one employee has a coworker clock them in or out for a shift they did not actually work.

Responding to Time Theft

Responding to time theft is certainly a challenge many companies face. However, they are not without options. Forensic accounting firms, such as SDC CPA, have extensive experience investigating time theft.  However, recouping losses from time theft can be difficult. Prevention can be both easier and more effective. Biometric time clocks – those requiring a fingerprint to clock in and out – can help mitigate practices such as buddy punching and misrepresenting hours worked. Reinforcing messages to let employees know that time theft will not be taken lightly, may also make employees less likely to pad their hours.

Companies like SDC CPAs see time theft claims all too often. Being aware of the possibility of time theft is the first step for business owners. Strong prevention measures and oversight can also help to mitigate or prevent time theft losses.

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Without the courage and advocacy of these trailblazers, women-owned firms like SDC CPAs would likely be a rarity, rather than a pillar of the profession.

Mary T. Washington

Mary T. Washington was a prodigious math student from a young age. After excelling in math through high school, Washington worked at the prominent black-owned Binga State bank where she was mentored by Arthur J. Wilson, the country’s second black CPA. Washington went on to attain an accounting degree at Northwestern University, found her own firm, and become the first African American woman to receive the CPA designation.

With her high-profile practice and commitment to supporting the community, Mary T. Washington and Co. became an “accounting underground railroad” where aspiring black accountants from across the country sought employment and apprenticeship as a point of entry to the world of accounting.

Mary Harris Smith

In 1887, Mary Harris Smith founded her own accounting firm in London dedicated largely to serving women’s organizations seeking suffrage and helping influential women retain their financial independence. With her well-established practice, Harris Smith sought to open “the profession of accounting to women upon the same footing as that of [male] members,” by becoming a member of a professional organization.

After nearly 28 years of being denied membership on the grounds of her sex, legislation such as the Sex Disqualification (Removal) Act of 1919 forced the Institute of Chartered Accountants in England and Wales to review and fairly judge her application. Mary Harris Smith became the world’s first female chartered accountant and the first female fellow of the ICAEW in 1920.

Christine Ross

In December of 1896, the New York CPA exam was offered for the first time. Taking this inaugural exam was Christine Ross, age 23 at the time. Ross passed the exam by a wide margin, placing second in her class. Despite her resounding success, the New York Board of Regents was unsure whether a woman should hold the CPA title. This dispute among the board delayed Ross’ certification for nearly 18 months.

Wealthy women in New York brought their businesses to Ross who could give them financial advice informed by the challenges women faced. Ross’ accounting services helped these women become more financially independent. Ross also used her services to support women’s organizations in New York, including those seeking suffrage for women.

SDC CPA – founded in 2001 by Dee Studler and Krista Doyle – is proud to be a woman-owned accounting practice following the tradition of these trailblazers who earned their place in the profession of accountancy.

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IRS data suggests 80% of Americans file their tax returns online, which presents its own set of risks with the limited cybersecurity options provided by the IRS. This, paired with the reduced security of SSN identification, means individuals should take action to protect themselves from having a false return filed in their name.

File Early

One simple, but extremely effective, tax fraud deterrent is to file your tax return as early as possible. By filing ahead of the deadline, you can potentially ensure the IRS receives your genuine return ahead of any false ones.

Opt-in to the IRS Identity Protection PIN program

Previously, the IRS Identity Protection (IP) PIN was only offered to individuals who had previously had their identities stolen. Now, anticipating a wave of tax fraud in the 2021 tax season, the IRS has made the Identity Protection PIN feature available to everyone.

It is highly recommended that individuals go through the verification process to attain an IP PIN. This extra layer of security provided by the IRS may prove instrumental in deterring criminals attempting to file in your name.

With SDC CPA decades of experience investigating fraud cases and following identity theft scams, founder Dee Studler recommends a special degree of caution this tax season.

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The FLA and its FLA Diversity and Inclusion Award Committee are working toward progress and change by recognizing individuals who model inclusive practices.

Value Through Validation

The Fidelity Law Association (FLA) has launched an annual commitment to recognizing individuals whose work in the fidelity bond industry contributes to the advancement of diversity and inclusion. With the FLA Diversity and Inclusion Award, the FLA affirms that diversity and inclusion are critical in the profession.

The FLA Diversity and Inclusion Award Committee members have led this effort to provide recognition for inclusive practices. The committee seeks nominations from the community and chooses the recipient based on the impact of their efforts and their sustained commitment to diversity and inclusion.

Advancing diversity and inclusion in the industry takes many forms but is fundamentally treating everyone with dignity and respect. Individuals embody that attitude by helping advance women and other minority professionals’ careers through mentoring or fair hiring practices. Other valuable measures can include maintaining a diverse staff and leadership or participating in organizations dedicated to advancing diversity.

SDC CPAs and the FLA Diversity and Inclusion Award Committee member views the FLA Diversity and Inclusion Award as a means to provide affirmation for inclusive action and encourage a greater commitment to diversity in the industry. Efforts like these are an essential aspect of affecting positive change, which starts in your communities.

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