{"product_id":"fraud-101-9780470481967","title":"Fraud 101","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003e\u003cp\u003eA straightforward guide explaining the nature of financial fraud\u003c\/p\u003e \u003cp\u003eFraud continues to be one of the fastest growing and most costly crimes in the United States and around the world. The more an organization can learn about fraud in general and the potential fraud risks that threaten the financial stability of the organization''s cash flow, the better that organization will be equipped to design and implement measures to prevent schemes from occurring in the first place.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eFraud 101, Third Edition\u003c\/i\u003e serves as an enlightening tool for you, whether you are a business owner or manager, an accountant, auditor or college student who needs to learn about the nature of fraud. In this invaluable guide, you will discover and better understand the inner workings of numerous financial schemes and internal controls to increase your awareness and possibly prevent fraud from destroying your organization''s financial stability.\u003c\/p\u003e \u003cp\u003eIt offers guidance, understanding, and new, real-\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003ePreface ix\u003c\/p\u003e \u003cp\u003eAcknowledgments xv\u003c\/p\u003e \u003cp\u003eIntroduction xvii\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1 The World of Fraud 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eDefinition of Fraud 1\u003c\/p\u003e \u003cp\u003eThe Many Types of Fraud 2\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2 Why Is Fraud Committed? 19\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eA Rationalizing Society 20\u003c\/p\u003e \u003cp\u003eFinancial Statement Fraud 22\u003c\/p\u003e \u003cp\u003eFinancial Fraud Comes in Different Shapes and Sizes 23\u003c\/p\u003e \u003cp\u003eMotivators Differ by Type of Business 25\u003c\/p\u003e \u003cp\u003eEmployee Schemes 27\u003c\/p\u003e \u003cp\u003eIn the End 32\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3 Financial Statement Fraud Schemes 33\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhere Do Things Go Wrong? 34\u003c\/p\u003e \u003cp\u003eTrend Analysis 42\u003c\/p\u003e \u003cp\u003eBeyond Traditional Audits 45\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4 Employee Embezzlements 51\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Fraud Triangle 55\u003c\/p\u003e \u003cp\u003eAreas for Concern 57\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5 Other Fraud Schemes 69\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eDuplicate Payment Fraud 71\u003c\/p\u003e \u003cp\u003eMultiple Payee Fraud 72\u003c\/p\u003e \u003cp\u003eShell Fraud 73\u003c\/p\u003e \u003cp\u003eDefective Delivery Fraud 77\u003c\/p\u003e \u003cp\u003eDefective Receipt Fraud 88\u003c\/p\u003e \u003cp\u003eDefective Shipment Fraud 89\u003c\/p\u003e \u003cp\u003eDefective Pricing Fraud 91\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6 Contract Rigging Schemes 97\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eStage One: Obtaining the Contract 97\u003c\/p\u003e \u003cp\u003eStage Two: Contract Change Orders 102\u003c\/p\u003e \u003cp\u003eUnbalanced Bidding 114\u003c\/p\u003e \u003cp\u003eDetection Recommendations 118\u003c\/p\u003e \u003cp\u003eRotation Fraud 119\u003c\/p\u003e \u003cp\u003eWhere Do We Go from Here? 121\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7 Responses to Fraud 123\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eGovernment’s Response to Fraud 124\u003c\/p\u003e \u003cp\u003eAccounting Profession’s Response to Fraud 129\u003c\/p\u003e \u003cp\u003eInternal Audit Profession’s Response to Fraud 133\u003c\/p\u003e \u003cp\u003eNew Credentials, More Training, Better Awareness 134\u003c\/p\u003e \u003cp\u003eArticles, Books, and More Resources 136\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8 The Importance of Internal Controls and Internal Audit 143\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhy Have Internal Controls? 144\u003c\/p\u003e \u003cp\u003eDéjà Vu 148\u003c\/p\u003e \u003cp\u003eGood Internal Controls 150\u003c\/p\u003e \u003cp\u003eInternal Audit 152\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9 Evidence 159\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhat Is Evidence? 160\u003c\/p\u003e \u003cp\u003eDocumentation 163\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10 Conducting Fraud Investigations: A Practical Approach 171\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eProactive Fraud Investigations 171\u003c\/p\u003e \u003cp\u003eDiscovery Investigations 172\u003c\/p\u003e \u003cp\u003eSupportive Investigations 175\u003c\/p\u003e \u003cp\u003eStrategy 178\u003c\/p\u003e \u003cp\u003ePredication 180\u003c\/p\u003e \u003cp\u003eThe Investigative Plan 181\u003c\/p\u003e \u003cp\u003eConducting the Procedures 183\u003c\/p\u003e \u003cp\u003eFindings 186\u003c\/p\u003e \u003cp\u003eUse of the Findings 188\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 11 Fraud Investigation Alternatives 189\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAssessing the Feasibility of a Full Investigation 189\u003c\/p\u003e \u003cp\u003eMonitoring Operational Areas at Risk of Fraud 197\u003c\/p\u003e \u003cp\u003eRevamping Internal Controls: Closing the Barn Door 200\u003c\/p\u003e \u003cp\u003eDoing Nothing? 203\u003c\/p\u003e \u003cp\u003e\u003cb\u003eAppendix A Vending 209\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eLessons Learned 213\u003c\/p\u003e \u003cp\u003e\u003cb\u003eAppendix B Living a Façade 217\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePrevention Techniques 221\u003c\/p\u003e \u003cp\u003e\u003cb\u003eAppendix C Disappearing Inventory 225\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eInternal Controls 230\u003c\/p\u003e \u003cp\u003eIndex 231\u003c\/p\u003e","brand":"John Wiley \u0026 Sons Inc","offers":[{"title":"Default Title","offer_id":49402340933975,"sku":"9780470481967","price":43.5,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9780470481967.jpg?v=1730480118","url":"https:\/\/bookcurl.com\/products\/fraud-101-9780470481967","provider":"Book Curl","version":"1.0","type":"link"}