Steve Jordan Weighs In on Fraud Detection and Regulatory Challenges with the Illinois CPA Society

July 16, 2025 – Steve Jordan, Assurance Partner at Aprio, was featured in the Illinois CPA Society’s summer Insight article, “Keeping Pace With 21st Century Fraud.” Steve discusses the ongoing evolution of fraud tactics and the critical role regulatory bodies play in adapting standards to enhance transparency and financial reporting. He emphasizes that fraudsters continually seek new methods to exploit vulnerabilities ahead of regulators, underscoring the importance of swift regulatory responses to reduce risks.

Jordan also highlights how advancements in technology, including artificial intelligence, are being leveraged by companies to improve fraud detection and prevention. “By combining AI-driven data analysis with real-time monitoring, organizations can better identify unusual transactions quickly and strengthen their fraud-prevention strategies,” he explains.

Read the full article in the Illinois CPA Society Insight magazine.