Forensic Accounting and Fraud Examination

Forensic Accounting provides comprehensive coverage of fraud detection and deterrence and includes the broader educational material of the forensic accounting field with all the necessary accompaniments. The text follows the model curriculum for education in fraud and forensic funded by the U.S. national Institute of Justice and developed by a Technical Working Group of experts in the field. The text serves as a comprehensive and authoritative resource for teaching forensic accounting concepts and procedures that is also and appropriate and pedagogically ready for class room use. This easy to read, comprehensive textbook includes case study examples to clearly explain technical concepts and bring the material to life.

Spis treści:
Foreword.
Note to Students.
Preface.
About the Authors.
SECTION I Introduction to Fraud Examination and Financial Forensics.
CHAPTER 1 core foundation related to fraud examination and financial forensics.
Learning Objectives.
What is Fraud.
What is the Difference between Fraud and Abuse?
What is Forensic Accounting?
The Forensic Accountant′s Skill Set.
The Role of Auditor′s, Fraud Examiners, and Forensic Accountants.
The Basics of Fraud.
Non–Fraud Forensic and Litigation Advisory Engagements.
The Investigation.
Fraud Examination Methodology.
Review Questions.
Endnotes.
CHAPTER 2 careers in fraud examination and financial forensics.
Learning Objectives.
Background.
Places Where Fraud Examiners and Financial Forensic Specialists Work.
Related Professions.
Business Administration, Management and Corporate Governance.
Professional Organizations and Their Related Certifications.
International Fraud Examination and Financial Forensics.
Education: Building Knowledge, Skills and Abilities in Fraud Examination and Financial Forensics.
The Role of Research in a Profession.
Review Questions.
Endnotes.
SECTION II Criminology, Ethics, and the Legal, Regulatory and Professional Environments.
Chapter 3 Who Commits Fraud and Why: Criminology and Ethics.
Learning Objectives.
Criminology.
Research in Occupational Fraud and Abuse.
Ethics.
Ethics in Practice.
Review Questions.
Endnotes.
Chapter 4 Complex Frauds and Financial Crimes.
Learning Objectives.
“Predators” versus the “Accidental Fraudster”.
Collusion: Multiple Individuals, Organizations and Jurisdictions.
Legitimate Activities Mixed with Illegal Activities and the Need to Isolate Illegal Activities.
Asset Forfeiture and Seizure and Dismantling Organizations.
Schemes and Illegal Acts Associated with Complex Frauds and Financial Crimes.
The U.S. Banking System.
Moving Money Internationally.
Other Complex Frauds and Financial Crimes.
Review Questions.
Endnotes.
Chapter 5 Cybercrime: Computer and Internet Fraud.
Learning Objectives.
Overview of Cybercrime.
Frauds and Other Threats in the Digital World of Computers.
Internet Fraud.
Complex Frauds and Financial Crimes in Cyberspace.
Reporting Cybercrime: Computer and Internet Crime.
Review Questions.
Endnotes.
Chapter 6 Legal, Regulatory and Professional Environment.
Learning Objectives.
Introduction.
The Rights of Individuals.
Probable Cause.
Rules of Evidence.
Criminal Justice System.
Civil Justice System.
Regulatory System.
The Role of Corporate Governance.
Review Questions.
Endnotes.
SECTION III Detection and Investigative Tools and Techniques.
Chapter 7 fraud detection: red flags and targeted risk assessment.
Learning Objectives.
Corporate Governance and Fraud.
Fraud Detection.
Targeted Fraud Risk Assessment.
Targeted Risk Assessment in a Digital Environment.
Review Questions.
Endnotes.
Chapter 8 Detection and Investigations.
Learning Objectives.
Investigations: Who, What, Where, When, How, and Why.
The Definition of Evidence.
Evidence Sources of the Act, Concealment, and Conversion.
Evidence Sources Specific to Concealment.
Evidence Sources Specific to Conversion.
Work Papers: The Organization of Evidence and Analysis.
Review Questions.
Endnotes.
Chapter 9 Effective Interviewing and Interrogation.
Learning Objectives.
Introduction to Interviews and Interrogations.
Overview of the Interview and Interrogation Process.
Five Types of Interview and Interrogation Questions.
The Signed Statement.
Judging Deception.
Joe Wells′ Ten Commandments for Effective Interviews.
Comprehensive Guidelines: Information Collected in Interviews.
Review Questions.
Endnotes.
Chapter 10 Using Information Technology for Fraud Examination and Financial Forensics.
Learning Objectives.
The Digital Environment.
Digital Evidence.
Detection and Investigation in a Digital Environment.
Graphics and Graphics Software.
Review Questions.
Endnotes.
SECTION IV Fraud Schemes.
Chapter 11 cash receipt schemes and other asset misappropriations.
Learning Objectives.
Skimming Schemes.
Cash Larceny Schemes.
Non–cash Misappropriation Schemes.
Concealing Inventory Shrinkage.
Preventing and Detecting Non–Cash Thefts That are Concealed by Fraudulent Support.
Review Questions.
Chapter 12 Cash Disbursement Schemes.
Learning Objectives.
Billing Schemes.
Check Tampering Schemes.
Payroll Schemes.
Expense Reimbursement Schemes.
Register Disbursement Schemes.
Review Questions.
Chapter 13 Corruption and the Human Factor.
Learning Objectives.
Corruption Schemes.
The Human Factor.
Understanding Fraud Deterrence.
Review Questions.
Endnote.
Chapter 14 Financial Statement Fraud.
Learning Objectives.
Accounting Principles a nd Fraud.
Fraudulent Financial Statement Schemes.
Review Questions.
Endnotes.
SECTION V Financial Litigation Advisory Services and Remediation.
Chapter 15 Consulting, Litigation Support, and Expert Witnesses: Damages, Valuations, and Other Engagements.
Learning Objectives.
Consulting, Litigation Support, and Expert Witnesses.
Commercial Damages.
Valuations.
Personal Injury, Wrongful Death, and Survival Actions.
Review Questions.
Endnotes.
Chapter 16 Remediation and Litigation Advisory Services.
Learning Objectives.
Introduction to Remediation.
Recovery of Money and Other Assets.
Support for Criminal and Civil Court Actions.
Restructure the Internal Control Environment.
Lessons Learned.
Review Questions.
Endnotes.
Appendices.
Appendix A: Resources for Fraud and Forensic Accounting.
Appendix B: Fraudulent Acts.
Glossary.
Index.