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Home > Business & Economics > Finance & Accounting > Fraud Auditing and Forensic Accounting-eBook
Fraud Auditing and Forensic Accounting
 
 
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Fraud Auditing and Forensic Accounting
"Get the latest tools in fraud auditing and get rid of fraud in your organization

With the responsibility of detecting and preventing fraud placed directly on the accounting profession, you are responsible for recognizing fraud and learning the tools and strategies necessary to stop it. Fraud Auditing and Forensic Accounting, Third Edition shows you how to develop an investigative eye toward both internal and external fraud and provides crucial information on how to deal with it when discovered.

This authoritative, timely book equips auditors, investigators, corporate attorneys, and accountants to identify the signs of financial fraud and successfully investigate it. This new edition will enable you to:

  • Recognize the characteristics of organizations in which fraud is likely to occur
  • Detect and deter accounting fraud, using the most recently developed techniques
  • Conduct an efficient, systematic fraud investigation
  • Use the latest methods for documenting fraud and preparing evidence-and much more

PRAISE FOR Fraud Auditing and Forensic Accounting, Third Edition

"An excellent primer for developing and implementing an antifraud program as part of a SOX 404, fraud prevention and detection process. A clear and concise history of fraud and the methods needed to deter it now and for the future. It is like having a professor on call and in your office when you need one. Well written with easy-to-understand definitions and examples, this is a must-read for anyone who is putting a financial investigation unit in place.""
—George Mullins, CFE, HealthSouthInternal Audit Manager and Project Manager, Antifraud Program

"The book is an excellent anti-fraud resource for those professionals charged with the responsibility of detecting, investigating, and preventing fraud. I also highly recommend it to educators as a prospective textbook for a semester-long course in macro fraud examination."
—Thomas Buckhoff, PhD, CPA, CFE, Associate Professor of Forensic Accounting, Georgia Southern University, and Principal, FraudWise, LLC

"This book, better than any other in print, hits the subject areas I cover in my fraud examination and forensic accounting class. The authors have done a great job of presenting complicated terms and techniques in a manner for students to understand. I particularly like the presentation of a fraud's endgame, namely the court case that recovers assets and puts these creeps in jail."
—Douglas E. Ziegenfuss, Professor and Chair, Department of Accounting,Old Dominion University "



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Title of ebook: Fraud Auditing and Forensic Accounting
ISBN: 9780470053720
Publisher: John Wiley & Sons, Inc.
Internet download file size: 2058 kb
Pages: 336
Released online for download: 08-28-2006
Author of eBook: Singleton, Tommie
Author of eBook: Singleton, Aaron
Author of eBook: Bologna, G. Jack

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Fraud Auditing and Forensic Accounting


Chapter One

Fraud Definitions, Models, and Taxonomies

INTRODUCTION

When bent on exploiting another person, a person's ingenuity in committing fraud may be unlimited. As P. T. Barnum is alleged to have said, "There's a sucker born every minute." He is also alleged to have said, "Trust everyone, but cut the deck."

It is important to understand the definitions, models, and taxonomies of fraud in order to further understand fraud and fraudsters. Therefore, the language of fraud and the antifraud business is a good starting point.

Definition: What Is Fraud?

One person can injure another either by force or through fraud. The use of force to cause bodily injury is frowned on by most organized societies; using fraud to cause financial injury to another does not carry the same degree of stigma. Fraud is a word that has many definitions. The more notable ones are:

... read full excerpt from Fraud Auditing and Forensic Accounting ebook



 


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