Fraud Examination - 2nd edition

Summary: Updated and enhanced to help readers better understand the significance of fraud in the modern accounting world, this provocative text prepares readers to identify, detect, investigate, and prevent financial fraud. It outlines the nature of fraud and the different types of fraud, including the unique e-business fraud that is now possible in today's technological world. Chapter 6 offers expansive, cutting-edge instruction on the role of data analysis in fraud detectio ...show moren as well as two entire chapters on investigating theft and concealment This edition includes an all new chapter on consumer fraud, and Chapter 16 contains new material on tax fraud--providing students with unique insight into fraudulent tax reporting activities. End-of-chapter materials have been enhanced, and the Financial Statement Fraud Standards Appendix at the end of the text has been updated to include information about SAS 99 and Sarbanes-Oxley.

Benefits:

• NEW! Consumer Fraud: This edition includes an all new chapter on consumer fraud.
• Fraud Victims: Chapter 17 identifies the legal and other remedies available to fraud victims.
• NEW! Coverage of Tax Fraud: Chapter 16 contains new material on tax fraud.
• NEW! Coverage of Cutting Edge Topics: Discussion of investigating theft and concealment has been expanded into two chapters to provide more thorough coverage. In addition, Chapter 6 now contains a major new appendix concerning the use of data analysis to detect fraud.
• Strong Emphasis on Fraud Detection, Prevention and Investigation: Throughout the text there is a variety of information on preventing, detecting, and investigating fraud. The nature of fraud perpetrators and why they commit fraud, warning signals that fraud may occur, and effective ways to use technology to proactively search for fraud are some of the topics covered in this text.
• Author's Expertise in the Field of Forensic Accounting: W. Steve Albrecht is a certified fraud examiner, a certified internal auditor, and a certified public accountant. In addition to his research interests in financial statement fraud, theft and fraud in corporations, and white-collar crime, Dr. Albrecht has served as an expert witness in numerous fraud cases. His expertise in the field of forensic accounting is illustrated throughout the text via real-world examples and fraud cases.
• Emphasis on how to Prevent, Detect, and Investigate Fraud: The first two chapters describe the nature of fraud perpetuators and why they commit fraud. The next two chapters identify warning signals that fraud may be occurring.
• Technology Integration: Chapter 5 identifies effective ways to use technology to proactively search for frauds.
• Fraud Detection and Investigation: Chapters 6 through 8 describe simple methods that managers may use to investigate fraud, as well as ways to be alerted for the need to involve professional investigators.
• Fraud Risk and Exposure: Chapter 9 provides managers with an overview of where a company has its greatest risk and exposure to fraud. Chapter 10 identifies the signals that help managers determine whether they are doing business with a company that may be on the verge of bankruptcy.

Edition/Copyright: 2ND 06
Cover: Hardback
Publisher: South-Western Publishing Co.
Published: 01/28/2005

View Table of Contents

PART 1. INTRODUCTION TO FRAUD.

1. The Nature of Fraud.
2. Who Commits Fraud and Why.
3. Fighting Fraud: An Overview.

PART 2. FRAUD PREVENTION.

4. Preventing Fraud.

PART 3. FRAUD DETECTION.

5. Recognizing the Symptoms of Fraud.
6. Proactive Approaches to Detecting Fraud.

PART 4. FRAUD INVESTIGATION.

7. Investigating Theft.
8. Investigating Concealment.
9. Conversion Investigation Methods.
10. Inquiry Methods and Fraud Reports.

PART 5. MANAGEMENT FRAUD.

11. Financial Statement Fraud.
12. Revenue and Inventory Frauds.
13. Liability, Asset, and Inadequate Disclosure Frauds.

PART 6. OTHER TYPES OF FRAUD.

14. Fraud Against Organizations.
15. Bankruptcy, Divorce, and Tax Fraud.
16. Fraud in E-Commerce.

PART 7. RESOLUTION OF FRAUD.

17. Legal Follow-Up.

Appendix.
Index.

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