Title:
Corporate fraud handbook : prevention and detection / Joseph T. Wells.
Author:
Wells, Joseph T., author.
General Notes:
Includes bibliographical references and index.
1. Introduction -- Defining occupational fraud and abuse -- Research in occupational fraud and abuse -- 2016 report to the nations on occupational fraud and abuse -- Part 1: Asset misappropriations -- 2. Introduction to asset misappropriations -- Definition of assets -- How asset misappropriations affect books of accounts -- 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 -- 4. Cash larceny -- Cash larceny data from the ACFE 2015 global fraud survey -- Incoming cash -- Cash larceny from the deposit -- Miscellaneous larceny schemes -- Detection -- Prevention -- 5. Check tampering -- Check tampering data from the ACFE 2015 global fraud survey -- Forged maker schemes -- Intercepted checks -- Forged endorsement schemes -- Altered payee schemas -- Concealed check schemas -- Authorized maker schema -- Concealment -- Detection -- Prevention -- Electronic payment tampering -- 6. Register disbursement schemes -- Register disbursement data from the ACFE 2015 global fraud survey -- False refunds -- False voids -- Concealing register disbursements -- Detection -- Prevention -- 7. Billing schemes -- Billing scheme data from the ACFE 2015 global fraud survey -- Shell company schemes -- Non-accomplice vendor schemes -- Personal purchases with company funds -- Detection -- Prevention -- 8. Payroll and expense reimbursement schemes -- 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 -- Experience reimbursement schemes -- Detection of expense reimbursement schemes -- Prevention of expense reimbursement schemes -- 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 -- 10. Corruption data from the ACFE 2015 global fraud survey -- Bribery schemes -- Something of value -- Economic extortion -- Illegal gratuities -- Detection -- Prevention -- Anti-corruption legislation -- 11. Conflicts of interest -- Purchasing schemes -- Sales schemes -- Other schemes -- Detection -- Prevention -- Part III: Financial statement fraud -- 12. Accounting principles and fraud -- 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 -- 13. Financial statement fraud schemes -- 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 -- 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 -- Conflicts of interest -- Company assets -- Political contributions -- Employee conduct -- Compliance letter and conflict-of-interest questionnaire.
Three basics are absolutely necessary to minimize (not eliminate) occupational fraud and abuse: hire the right people; treat them well; and do not subject them to unreasonable expectations. Employers sometimes have unreasonable expectations of their employees that may contribute to occupational fraud and abuse. Organizations can take at least six positive steps to increase the perception of detection: employee education, proactive fraud policies, a higher stance, increased use of analytical review, surprise audits where feasible, and adequate reporting programs. Hotlines, regardless of their type, work to increase the perception of detection. One final advantage of a hotline is that it helps comply in part with the Federal Corporate Sentencing Guidelines for corporations. The purpose of the Corporate Sentencing Guidelines is to establish uniform, mandatory punishments for organizational crimes. Corporations can be held legally responsible for the criminal acts of their employees under the theory of vicarious liability--from publisher's website.
Publisher:
John Wiley & Sons, Inc.,
Publication Place:
Hoboken, New Jersey :
ISBN:
9781119351986
1119351987
9781119351955 (ePub ebook)
9781119351931 (PDF ebook)
Subject:
Fraud.
Corporations -- Corrupt practices.
Fraud Investigation.
Fraud -- Prevention.
Fraude.
Soci�et�es -- Pratiques d�eloyales.
Fraude -- Enqu�etes.
fraud.
Corporations -- Corrupt practices.
Fraud.
Fraud investigation.
Fraud -- Prevention.
Betrug
Bilanzdelikt
Rechnungslegung
Unternehmen
Wirtschaftskriminalit�at
Edition:
Fifth edition.
Contents:
1. Introduction -- Defining occupational fraud and abuse -- Research in occupational fraud and abuse -- 2016 report to the nations on occupational fraud and abuse -- Part 1: Asset misappropriations -- 2. Introduction to asset misappropriations -- Definition of assets -- How asset misappropriations affect books of accounts -- 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 -- 4. Cash larceny -- Cash larceny data from the ACFE 2015 global fraud survey -- Incoming cash -- Cash larceny from the deposit -- Miscellaneous larceny schemes -- Detection -- Prevention -- 5. Check tampering -- Check tampering data from the ACFE 2015 global fraud survey -- Forged maker schemes -- Intercepted checks -- Forged endorsement schemes -- Altered payee schemas -- Concealed check schemas -- Authorized maker schema -- Concealment -- Detection -- Prevention -- Electronic payment tampering -- 6. Register disbursement schemes -- Register disbursement data from the ACFE 2015 global fraud survey -- False refunds -- False voids -- Concealing register disbursements -- Detection -- Prevention -- 7. Billing schemes -- Billing scheme data from the ACFE 2015 global fraud survey -- Shell company schemes -- Non-accomplice vendor schemes -- Personal purchases with company funds -- Detection -- Prevention -- 8. Payroll and expense reimbursement schemes -- 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 -- Experience reimbursement schemes -- Detection of expense reimbursement schemes -- Prevention of expense reimbursement schemes -- 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 -- 10. Corruption data from the ACFE 2015 global fraud survey -- Bribery schemes -- Something of value -- Economic extortion -- Illegal gratuities -- Detection -- Prevention -- Anti-corruption legislation -- 11. Conflicts of interest -- Purchasing schemes -- Sales schemes -- Other schemes -- Detection -- Prevention -- Part III: Financial statement fraud -- 12. Accounting principles and fraud -- 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 -- 13. Financial statement fraud schemes -- 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 -- 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 -- Conflicts of interest -- Company assets -- Political contributions -- Employee conduct -- Compliance letter and conflict-of-interest questionnaire.
Physical Description:
xvi, 415 pages : illustrations ;
Publication Date:
[2017]
Log in
Help
