About
Brian Fox, CPA, MBA, CGMA, is the creator & founder of both the Confirmation.com and…
Articles by Brian
-
Confirmation.com's European operations featured in Economia article
Confirmation.com's European operations featured in Economia article
By Brian Fox
Activity
-
We are proud to expand our presence in Birmingham with our new downtown branch. Thank you to the BBA and city of Birmingham for the partnership, we…
We are proud to expand our presence in Birmingham with our new downtown branch. Thank you to the BBA and city of Birmingham for the partnership, we…
Liked by Brian Fox
-
Jaxie 🐾 makes my life 166.7% better! I am just trying to convince her mom into adding one more to the family! #love53 #nobaddays #treats Give…
Jaxie 🐾 makes my life 166.7% better! I am just trying to convince her mom into adding one more to the family! #love53 #nobaddays #treats Give…
Liked by Brian Fox
-
Honored to be recognized as Best Lawyers 2025 Litigation Patent "Lawyer of the Year" in Nashville
Honored to be recognized as Best Lawyers 2025 Litigation Patent "Lawyer of the Year" in Nashville
Liked by Brian Fox
Experience
Licenses & Certifications
Publications
-
Top 100 Most Influential People in Accounting
Accounting Today
Gaining entry to our annual list of the Top 100 Most Influential People in Accounting isn't easy, but it can be done. We've put together a list of some of the activities that most of our T100 engage in. All you have to do is commit yourself to the following for the next year or so: Innovate and create, Educate, Regulate, Cross-Pollinate, Elevate.
-
Living the Dream
Economia
Confirmation.com's European operations featured in Economia article.
-
Audit Fraud: The Confirmation Angle
AccountingWeb
Auditing is more than complicated—it's always changing. That's probably truer now than it's ever been. Technologies that barely existed a quarter-century ago now can hide general mismanagement and outright fraud on a scale undreamed of by old-school auditors. Fortunately, technology has also put some new arrows in the auditor's quiver, and these can be of particular use with audit confirmations. Confirmations have always been a problematic and time-consuming issue for auditors, especially as…
Auditing is more than complicated—it's always changing. That's probably truer now than it's ever been. Technologies that barely existed a quarter-century ago now can hide general mismanagement and outright fraud on a scale undreamed of by old-school auditors. Fortunately, technology has also put some new arrows in the auditor's quiver, and these can be of particular use with audit confirmations. Confirmations have always been a problematic and time-consuming issue for auditors, especially as their misuse can lead to fraud. But it doesn't have to be that way anymore.
Other authors -
-
Hunt for fraud at mainland firms made harder by China's secrecy laws
South China Morning Post
Short sellers step up claims against firms but corporate documents are now tougher to obtain
Other authors -
-
Confirmation.com Acquires UK Based ProConfirm
AccountingToday
The online audit confirmation service Confirmation.com has expanded its presence in Europe with the acquisition of ProConfirm Ltd., an electronic audit confirmation service based in London.
-
Confirmation.com Continues its European Growth Expansion with the Acquisition of UK-Based ProConfirm
Yahoo! Finance
Confirmation.com announced today that it has expanded its presence in Europe with the acquisition of ProConfirm Ltd, an electronic audit confirmation solution based in London, UK.
-
OCIE hires firm to make asset verification easier on everyone
Investment Advisor Watch
IA Watch has learned that the SEC has contracted with a Tennessee company to ease the process of examiners verifying client assets at investment advisers. That task blossomed after the Madoff fraud.
Other authors -
-
The Sterner, Stricter SEC
CFO
The Securities and Exchange Commission is determined to catch accounting manipulators, says Mary Jo White. But will it have the money and means to do so?
Other authors -
-
3 Tips to Spot Investment Scams
Fox Business
Many young investors have no idea who Bernie Madoff is—and that can allow for history to repeat itself.
Other authors -
-
Alibaba Coming to U.S. Shows Strengths and Risks of China Bets
Bloomberg
It’s easy to get caught up in the glossy numbers within Alibaba Group Holding Ltd.’s IPO prospectus: 44 percent profit margins, 72 percent revenue growth, and 231 million active buyers last year... But don't invest unless you understand the risks of investing in China.
Other authors -
-
Survey Roundup: Compliance Effectiveness, Insider Threats
Wall Street Journal
Bernie Who?: More than 25% of college-educated people surveyed by electronic audit confirmation services company Confirmation.com said they had never heard of jailed Ponzi scheme swindler Bernie Madoff.
Other authors -
-
Bernie Who? Many Investors Unaware of Madoff Fraud, Study Shows
The Street
In light of recent developments in the Bernie Madoff scandal, a study has been released showing that more than one-quarter of stock market investors are still unfamiliar with Madoff's case.
Other authors -
-
Madoff Who? Survey Reveals Shocking Ignorance of Bernie
AccountingToday
Those of us who already miss Jay Leno’s old “Jaywalking” segments on the Tonight Show shouldn’t be surprised that a lot of people just aren’t aware of what most of us would consider “common knowledge,” but a new survey demonstrates once again that you can never be too sure about your assumptions.
Other authors -
-
Auditing in the Era of Big Data
Compliance Week
The auditing profession is starting to look at how to leverage Big Data in audits with some big investments into cutting-edge data analytics that could dramatically deepen the reach of external auditors into corporate books and records.
Other authorsSee publication -
Fraudsters may be waiting in the wings for Alibaba's IPO
CNBC
Many American consumers may not know what Alibaba is yet but they will by the end of this year. The Chinese Internet company announced it will be making its market debut in the United States. Brian Fox discusses a possible second wave of Chinese company frauds listed on U.S. stock exchanges.
Other authors -
-
Banamex Said to Snub Citigroup Oversight as Fraud Mounted
Bloomberg
Efforts by Citigroup senior executives to tighten controls in Mexico were rebuffed by managers there for at least five years before the U.S. bank found the local unit had suffered a $400 million loan fraud last month. Brian Fox, CPA and Founder of Confirmation.com comments.
Other authors -
-
How Did the Fraud Against Citi's Banamex Work?
TheStreet.com
Banco Nacional de Mexico, commonly called Banamex, lost about $400 million as a result of receivables fraud. Brian Fox, president of Confirmation.com, sheds light on how borrowers commit receivables fraud.
Other authors -
-
Thirteen Company-Crushing Missteps Entrepreneurs Should Avoid---But Often Don't
Forbes
Success inspires; failure instructs. If you run a company, you’re probably long on inspiration. Wisdom? We all could use more of that.
Other authors -
-
'Big Four' Ruling May Hamper US-China Audit Progress
Law360
Judge's ruling upholds SEC's 6 month ban on the Big Four accounting firms' Chinese units from auditing companies doing business in the U.S.
Other authors -
-
8 Tasks You Should Delegate Today
Entrepreneur Magazine
Great advice for entrepreneurs. 8 Things to Delegate so you can focus on growing your business!
Other authors -
-
Accounting For Fraud
Financial Times
Accounting fraud remains one of the most critical and prevalent issues facing the financial industry.
-
Voices: Brian Fox, on Spotting Fraud in Companies
Wall Street Journal
Why should accounting firms look for fraud?
-
AccountingWeb
AccountingWeb
-
Accounting Today
Accounting Today
-
BusinessFinance
BusinessFinance
Fraud Prevention's Three-Legged Stool:
Policies, procedures, internal controls and organizational culture are all necessary defenses against fraud and theft.Other authors -
-
Crain's ChicagoBusiness
Crain's ChicagoBusiness
-
Financial Times
Financial Times
-
Forbes
Forbes
100 Founders Share Their Top 'Aha' Moments -- Guess How Many Jobs They've Created So Far?
Other authors -
-
Accounting Today
Accounting Today
The End of a 20-Year-Old Fraud:
Lessons for auditors from the Peregrine scandalOther authors -
-
The Observer
The Observer
-
Fortune Magazine / CNN Money
Fortune Magazine / CNN Money
-
Bloomberg Businessweek
Bloomberg Businessweek
-
New York Observer
New York Observer
-
Forbes
Forbes
-
Scamming The Auditors Is As Simple As Cut And Paste
Forbes
Behind every financial swindle lie fake numbers. Behind the fake numbers, however, lie fake invoices, fake mailing addresses, and now, fake websites, all designed to fool auditors into thinking they’ve verified the numbers. The attached slideshow shows just how easy it is these days to cook up a realistic-looking website designed to trap the unwary.
Other authors -
-
Note: The Publications below feature a quote by Brian Fox.
-
Unless the linked article states that Brian Fox was the author of the below articles, the articles below are to note the articles where Brian Fox was quoted, and not intended to portray him as the author.
Patents
-
Systems, Methods and Computer Readable Medium Providing Automated Third-Party Confirmations
Issued CA 2,564,956
English Abstract
Systems and methods are defined for facilitating the audit process involving a
business client, an auditor, and a third-party providing confirmations for the
client upon the auditor's request. More specifically, an auditor receives an
audit number from the audited client as evidence of authorization for
requesting confirmation from a third-party, such as a bank or related business
entity. The confirmation request submitted by the auditor will be stored in…English Abstract
Systems and methods are defined for facilitating the audit process involving a
business client, an auditor, and a third-party providing confirmations for the
client upon the auditor's request. More specifically, an auditor receives an
audit number from the audited client as evidence of authorization for
requesting confirmation from a third-party, such as a bank or related business
entity. The confirmation request submitted by the auditor will be stored in a
network-based computer system and transmitted to the relevant third-party. The
third-party then provides necessary confirmation data in response to the
request and has the confirmation data transferred to the auditor through the
computer system over the Internet. The involved third-party can be a bank or
financial institution, another entity in business relationship with the
client, or any other entity that has access to the requested data associated
with the client.
French Abstract
Des systèmes et des procédés sont définis pour faciliter un processus de contrôle impliquant un client commercial, un contrôleur et un tiers procurant des informations pour le client à la demande du contrôleur. Plus spécifiquement, un contrôleur reçoit un numéro de contrôle d~un client contrôlé comme preuve d~autorisation de requête de confirmation d~un tiers, tel une banque ou une entité commerciale apparentée. La requête de confirmation soumise par le contrôleur est stockée dans un système informatique basé sur un réseau et transmis au tiers correspondant. Le tiers fournit alors les données de confirmation nécessaires en réponse à la requête et fait transférer les données de confirmation au contrôleur par l~intermédiaire du système informatisé via Internet. Le tiers impliqué peut être une banque ou une institution financière, une autre entité en relation commerciale avec le client ou une autre entité quelconque ayant accès aux données requises associées avec le client. -
System and method for obtaining automated third-party confirmations in receivables factoring
Issued US 8543475
Systems and methods are defined for facilitating the factoring process involving a business client, one or more factors, and a third-party (i.e., a debtor doing business with the business client) providing confirmations for the accounts receivables upon the client's request. The client requests confirmation of accounts receivables from a confirmation system, the confirmation system queries the debtor(s) for confirmation of their accounts payable to the client, and the confirmation system…
Systems and methods are defined for facilitating the factoring process involving a business client, one or more factors, and a third-party (i.e., a debtor doing business with the business client) providing confirmations for the accounts receivables upon the client's request. The client requests confirmation of accounts receivables from a confirmation system, the confirmation system queries the debtor(s) for confirmation of their accounts payable to the client, and the confirmation system provides completed accounts receivables to one or more factors designated by the client (i.e., initially provided to the confirmation system with the accounts receivable data that initiates the confirmation process).
-
Systems and methods for obtaining automated third-party audit confirmations including client physical signatures, pin access, and multiple responders
Issued US 8510185
Systems and methods are defined for facilitating the audit process involving a business client, an auditor, and a third-party providing confirmations for the client upon the auditor's request. An auditor receives an audit number, electronically captured signature, or physical signature from the audited client as evidence of authorization for requesting confirmation from a third-party, such as a bank or related business entity. The confirmation request submitted by the auditor will be stored in…
Systems and methods are defined for facilitating the audit process involving a business client, an auditor, and a third-party providing confirmations for the client upon the auditor's request. An auditor receives an audit number, electronically captured signature, or physical signature from the audited client as evidence of authorization for requesting confirmation from a third-party, such as a bank or related business entity. The confirmation request submitted by the auditor will be stored in a network-based computer system (i.e., confirmation system) and transmitted to the relevant third-party. The third-party responder then provides necessary confirmation response data or the confirmation system retrieves the response data from a computer of the responder using credentials of the client. The involved third-party can be a bank or financial institution, another entity in business relationship with the client, or any other entity that has access to the requested data associated with the client.
-
System and method for providing business audit responses from legal professional
Issued US 8484105
A system and method facilitates the audit process involving a business client, an auditor, and a third-party by providing confirmations for the client upon the auditor's request. An auditor or requestor receives an audit number from the audited client as evidence of authorization for requesting confirmation from a third-party, such as a legal professional. The confirmation request submitted by the requestor will be stored in a network-based computer confirmation system and transmitted to the…
A system and method facilitates the audit process involving a business client, an auditor, and a third-party by providing confirmations for the client upon the auditor's request. An auditor or requestor receives an audit number from the audited client as evidence of authorization for requesting confirmation from a third-party, such as a legal professional. The confirmation request submitted by the requestor will be stored in a network-based computer confirmation system and transmitted to the relevant third-party responder. The third-party then provides necessary confirmation data (i.e., response data) to the confirmation system which forwards a completed confirmation to the auditor. The involved third-party can be a bank or financial institution, another entity in business relationship with the client, or any other entity that has access to the requested data associated with the client, such as a legal professional.
-
Systems, methods and computer readable medium providing automated third-party confirmations
Issued US 8442880
Systems and methods are defined for facilitating the audit process involving a business client, an auditor, and a third-party providing confirmations for the client upon the auditor's request. More specifically, an auditor receives an audit number from the audited client as evidence of authorization for requesting confirmation from a third-party, such as a bank or related business entity. The confirmation request submitted by the auditor will be stored in a network-based computer system and…
Systems and methods are defined for facilitating the audit process involving a business client, an auditor, and a third-party providing confirmations for the client upon the auditor's request. More specifically, an auditor receives an audit number from the audited client as evidence of authorization for requesting confirmation from a third-party, such as a bank or related business entity. The confirmation request submitted by the auditor will be stored in a network-based computer system and transmitted to the relevant third-party. The third-party then provides necessary confirmation data in response to the request and has the confirmation data transferred to the auditor through the computer system over the Internet. The involved third-party can be a bank or financial institution, another entity in business relationship with the client, or any other entity that ahs access to the requested data associated with the client.
-
Systems, methods and computer readable medium providing automated third-party confirmations
Issued US 7831488
Systems and methods are defined for facilitating the audit process involving a business client, an auditor, and a third-party providing confirmations for the client upon the auditor's request. More specifically, an auditor receives an audit number from the audited client as evidence of authorization for requesting confirmation from a third-party, such as a bank or related business entity. The confirmation request submitted by the auditor will be stored in a network-based computer system and…
Systems and methods are defined for facilitating the audit process involving a business client, an auditor, and a third-party providing confirmations for the client upon the auditor's request. More specifically, an auditor receives an audit number from the audited client as evidence of authorization for requesting confirmation from a third-party, such as a bank or related business entity. The confirmation request submitted by the auditor will be stored in a network-based computer system and transmitted to the relevant third-party. The third-party then provides necessary confirmation data in response to the request and has the confirmation data transferred to the auditor through the computer system over the Internet. The involved third-party can be a bank or financial institution, another entity in business relationship with the client, or any other entity that has access to the requested data associated with the client.
-
Systems, methods and computer program products facilitating automated confirmations and third-party verifications
Issued US 7383232
Systems and methods are defined for facilitating the audit process involving a financial institution, a client of the financial institution, and an accountant. A service provider receives the client's account information from the financial institution upon approval of the client. The financial institution also provides an identification number allowing the accountant to access the information deposited in the service provider. The accountant is provided the identification number in one of a…
Systems and methods are defined for facilitating the audit process involving a financial institution, a client of the financial institution, and an accountant. A service provider receives the client's account information from the financial institution upon approval of the client. The financial institution also provides an identification number allowing the accountant to access the information deposited in the service provider. The accountant is provided the identification number in one of a variety of ways allowing the accountant to access the client's information to facilitate an audit process. In this manner, an audit process can be facilitated and reduce the sending of paper copies from the financial institution to the accountant.
Honors & Awards
-
National Outstanding Eagle Scout Award
Boy Scouts of America
The NESA's (National Eagle Scout Association) Outstanding Eagle Scout Award (NOESA) is a distinguished service award of the Boy Scouts of America (BSA). It is awarded to an Eagle Scout by the National Eagle Scout Association for distinguished service to his profession and community upon the recommendation of his local BSA council NESA committee, Scout executive and council president.
-
Eagle Scout
Boy Scouts of America
Recommendations received
1 person has recommended Brian
Join now to viewMore activity by Brian
-
We're prideful of our Jazwares team's outbound licensing and franchise management of Squishmallows... a brand we acquired in early-2020, studied…
We're prideful of our Jazwares team's outbound licensing and franchise management of Squishmallows... a brand we acquired in early-2020, studied…
Liked by Brian Fox
-
I am thrilled to welcome the inaugural Class of 2028 to the Thomas F. Frist, Jr. College of Medicine at Belmont University! This week, our future…
I am thrilled to welcome the inaugural Class of 2028 to the Thomas F. Frist, Jr. College of Medicine at Belmont University! This week, our future…
Liked by Brian Fox
-
Always love getting the team together mid-year to reflect on the first half and plan the rest of the year in how we can help & support clients . It…
Always love getting the team together mid-year to reflect on the first half and plan the rest of the year in how we can help & support clients . It…
Liked by Brian Fox
-
I really respect the thoughtfulness InsurTech Ohio is putting into community building and value delivery for all stakeholders. Look forward to…
I really respect the thoughtfulness InsurTech Ohio is putting into community building and value delivery for all stakeholders. Look forward to…
Liked by Brian Fox
-
Really excited about the future of Mindera. This financing is a great step forward!!
Really excited about the future of Mindera. This financing is a great step forward!!
Liked by Brian Fox
-
College of Law alum Ed Lanquist (’88) took office as president of the Tennessee Bar Association (TBA) in June. His duties as president include…
College of Law alum Ed Lanquist (’88) took office as president of the Tennessee Bar Association (TBA) in June. His duties as president include…
Liked by Brian Fox
Other similar profiles
Explore collaborative articles
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
Explore MoreOthers named Brian Fox in United States
-
Brian Fox
Senior VP - Mining Strategy & Innovation at Komatsu Mining
-
Brian Fox
Change Agent | People Focused Leader | Delivery + Impact Focused | Problem Solver | Kaizen
-
Brian Fox
Managing Director - Bank of America Merrill Lynch
-
Brian Fox
711 others named Brian Fox in United States are on LinkedIn
See others named Brian Fox