Delve into the mind of a fraudster to beat them at their own game
Corporate Fraud Handbook details the many forms of fraud to help you identify red flags and prevent fraud before it occurs. Written by the founder and chairman of the Association of Certified Fraud Examiners (ACFE), this book provides indispensable guidance for auditors, examiners, managers, and criminal investigators: from asset misappropriation, to corruption, to financial statement fraud, the most common schemes are dissected to show you where to look and what to look for. This new fifth edition includes the all-new statistics from the ACFE 2016 Report to the Nations on Occupational Fraud and Abuse, providing a current look at the impact of and trends in fraud. Real-world case studies submitted to the ACFE by actual fraud examiners show how different scenarios play out in practice, to help you build an effective anti-fraud program within your own organization. This systematic examination into the mind of a fraudster is backed by practical guidance for before, during, and after fraud has been committed; you'll learn how to stop various schemes in their tracks, where to find evidence, and how to quantify financial losses after the fact.
Fraud continues to be a serious problem for businesses and government agencies, and can manifest in myriad ways. This book walks you through detection, prevention, and aftermath to help you shore up your defenses and effectively manage fraud risk.
- Understand the most common fraud schemes and identify red flags
- Learn from illustrative case studies submitted by anti-fraud professionals
- Ensure compliance with Sarbanes-Oxley and other regulations
- Develop and implement effective anti-fraud measures at multiple levels
Fraud can be committed by anyone at any level—employees, managers, owners, and executives—and no organization is immune. Anti-fraud regulations are continually evolving, but the magnitude of fraud's impact has yet to be fully realized. Corporate Fraud Handbook provides exceptional coverage of schemes and effective defense to help you keep your organization secure.
Preface
About the ACFE
Chapter 1: Introduction
Defining “Occupational Fraud and Abuse”
Research in Occupational Fraud and Abuse
2016 Report to the Nation on Occupational Fraud and Abuse
PART I: ASSET MISAPPROPRIATIONS
Chapter 2: Introduction to Asset Misappropriations
Overview
Definition of “Assets”
How Asset Misappropriations Affect Books of Account
CHAPTER 3: Skimming
Skimming Data from the ACFE 2015 Global Fraud Survey
Unrecorded Sales
Understated Sales and Receivables
Theft of Checks Through The Mail
Short-Term Skimming
Converting Stolen Checks
Concealing The Fraud
Detection
Prevention
Chapter 4: Cash Larceny
Overview
Cash Larceny Data from the ACFE 2015 Global Fraud Survey
Incoming Cash
Cash Larceny from the Deposit
Miscellaneous Larceny Schemes
Detection
Prevention
Chapter 5: Check Tampering
Overview
Check Tampering Data from the ACFE 2015 Global Fraud Survey
Forged Maker Schemes
Intercepted Checks
Forged Endorsement Schemes
Altered Payee Schemes
Concealed Check Schemes
Authorized Maker Schemes
Concealment
Detection
Check Tampering Red Flags
Prevention
Electronic Payment Tampering
Chapter 6: Register Disbursement Schemes
Overview
Register Disbursement Data from the ACFE 2015 Global Fraud Survey
False Refunds
False Voids
Concealing Register Disbursements
Detection
Prevention
Chapter 7: Billing Schemes
Overview
Billing Scheme Data from the ACFE 2015 Global Fraud Survey
Shell Company Schemes
Non-Accomplice Vendor Schemes
Personal Purchases with Company Funds
Detection
Prevention
Chapter 8: Payroll and Expense Reimbursement Schemes
Overview
Payroll Scheme Data from the ACFE 2015 Global Fraud Survey
Payroll Schemes
Detection of Payroll Schemes
Prevention of Payroll Schemes
Expense Reimbursement Data from The ACFE 2015 Global Fraud Survey
Expense Reimbursement Schemes
Detection of Expense Reimbursement Schemes
Prevention of Expense Reimbursement Schemes
Chapter 9: Inventory and Other Noncash Assets
Overview: Noncash Misappropriation Data from the ACFE 2015 Global Fraud Survey
Misuse of Inventory and Other Assets
Theft of Inventory and Other Assets
Concealment
Detection
Prevention
Misappropriation of Intangible Assets
PART II: CORRUPTION
Chapter 10: Bribery
Overview
Corruption Data from the ACFE 2015 Global Fraud Survey
Bribery Schemes
Something of Value
Economic Extortion
Illegal Gratuities
Detection
Prevention
Anti-Corruption Legislation
Chapter 11: Conflicts of Interest
Overview
Purchasing Schemes
Sales Schemes
Other Schemes
Detection
Prevention
PART III: FINANCIAL STATEMENT FRAUD
Chapter 12: Accounting Principles and Fraud
Introduction
Fraud in Financial Statements
Major Generally Accepted Accounting Principles
Responsibility for Financial Statements
Users of Financial Statements
Types of Financial Statements
Sarbanes-Oxley Act
Financial Statement Fraud Data from the ACFE 2015 Global Fraud Survey
Chapter 13: Financial Statement Fraud Schemes
Overview
Defining Financial Statement Fraud
Costs of Financial Statement Fraud
Methods of Financial Statement Fraud
Detection of Financial Statement Fraud Schemes
Deterrence of Financial Statement Fraud
Chapter 14: Occupational Fraud and Abuse: The Big Picture
Defining “Abusive Conduct”
Measuring the Level of Occupational Fraud and Abuse
Understanding Fraud Deterrence
Corporate Sentencing Guidelines
Ethical Connection
Concluding Thoughts
Appendix: Sample Code of Business Ethics and Conduct
Bibliography
Index
(leitura online e APP)
