Fraud auditing and forensic accounting.

Format:

Book

Contributor:

Singleton, Tommie.

Bologna, Jack.

Language:

English

Subjects (All):

White collar crime investigation--United States.

White collar crime investigation.

United States.

Forensic accounting--United States.

Forensic accounting.

Fraud investigation--United States.

Fraud investigation.

Physical Description:

x, 326 pages : illustrations ; 24 cm

Edition:

Third edition / [Tommie Singleton ... [and others].

Place of Publication:

Hoboken, N.J. : Wiley, [2006]

Summary:

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.

Contents:

Chapter 1 Fraud Definitions, Models, and Taxonomies 1

Classic Fraud Research 6

Fraud Triangle 8

Scope of Fraud 12

Profile of Fraudsters 14

Who Is Victimized by Fraud Most Often? 18

Fraud Taxonomies 19

Evolution of a Typical Fraud 28

Chapter 2 Fundamentals of Fraud Auditing and Forensic Accounting 33

Brief History of Fraud and the Antifraud Profession 35

Review of Technical Literature 40

Auditor's Mind-Set 42

What Is Forensic Accounting? 43

Steps in Fraud Investigation 52

What Is Fraud Auditing? 55

Antifraud Professional Organizations and Certifications 71

Chapter 3 Auditor Liability for Detecting Fraud 75

Recent Developments in Auditor Liability 91

Chapter 4 Fraud Schemes 99

ACFE Fraud Tree 101

Financial Statement Schemes 108

Corruption Schemes 111

Asset Misappropriation Schemes 113

Chapter 5 Red Flags and Fraud Detection 125

Professional Standards 126

Common Red Flags 127

Common Detection Methods 129

Specific Red Flags and Detection Methods 131

Corruption Schemes 134

Asset Misappropriation Schemes 135

Fraud Detection Model 147

Chapter 6 Fraud and CAATs 155

Benefits of CAATs 156

Fraud and CAAT Issues 158

Need for Computer Tools 159

Sample Tools/CAATs 161

CAAT Methodology 164

Chapter 7 Fraud Prevention and Control 175

Perception of Detection 175

Classic Approaches 178

Prevention Environment 180

Prevention Measures 183

Accounting Cycles 187

Chapter 8 Fraud Risk Assessment 191

Risk Assessment Process and Documentation 196

Risk Management Checklists and Documentation 198

Special Cases 207

Chapter 9 Fraud and the Accounting Information System 211

Accounting Concepts 212

Expenditures Cycle (Purchases and Disbursements) 213

Bank Reconciliation 214

General Ledger 215

Cash Path 218

Segregation of Duties 218

Computerized Accounting Systems 218

Key Personnel 219

Computer Hardware 224

Computer Software 226

Media Storage 227

New Forms of Media 228

Paper and Microfilm 229

Audit Trail Concept 229

Chapter 10 Computer-Related Fraud 231

History and Evolution of Computer-Related Crimes 233

Computer-Related Fraud Theories and Principles 236

Characteristics of the Computer Environment 240

Information Security (InfoSec) 242

Profiling Internet Fraudsters 245

Chapter 11 Forensic Accountant as an Expert Witness 255

Role of a Forensic Accountant as a Witness in Court 255

Forensic Accountant as an Expert Witness 262

Qualification and Admissibility of Accounting Evidence 265

Expert's Role in the Litigation Team 267

Pretestimony Activities 267

Trial and Testimony 269

Chapter 12 General Criteria and Standards for Evaluating an Expert's Qualifications 283

Credentials 283

Personal Qualities of the Expert 290

Sources for Locating Expert Witnesses 294

Distinguishing the Actual Area of Competence 296

Chapter 13 Gathering Evidence 299

Rules of Evidence 299

Hearsay Exceptions 303

Other Rules of Evidence 304.

Notes:

Rev. ed. of: Fraud auditing and forensic accounting / G. Jack Bologna, Robert J. Lindquist. 2nd ed. c1995.

Includes bibliographical references and index.

Related Work:

Bologna, Jack. Fraud auditing and forensic accounting.

ISBN:

0471785911

OCLC:

64487032

Publisher Number:

9780471785910