Corporate Fraud – Case Studies in Detection and Prevention

Chapter 1. Overview.
<p>Varieties of Fraud/Perspective.</p>
<p>More Than Fraudulent Financial Statements.</p>
<p>Emphasis: Recognition and Detection Case Studies.</p>
<p>Major Management Fraud Is Different.</p>
<p>Chapter 2. Perspective (ACFE Studies).</p>
<p>1996 and 2002 ACFE Reports to the Nation.</p>
<p>Breakdown of Estimated Total Occupational Fraud Loss by Major Category.</p>
<p>Classifications.</p>
<p>Chapter 3. Management Fraud against the Organization (General).</p>
<p>Characteristics.</p>
<p>Major Symptoms of Management Fraud.</p>
<p>Opportunities Afforded by the System for Performance Accountability.</p>
<p>Chapter 4. Red Flags of Management Fraud.</p>
<p>Six Major Fraud Profiles Common Elements.</p>
<p>Red Flags of Management Fraud.</p>
<p>Contrast with Nonmanagement Fraud.</p>
<p>Bullet–Proof and Invisible Leads to Flaunting.</p>
<p>Chapter 5. Fraud against the Organization (Corruption).</p>
<p>Middlemen.</p>
<p>Real Estate/Related Parties.</p>
<p>Bribery Contracting/Subcontracting/Leasing.</p>
<p>Outsourcing.</p>
<p>Mani pulation of Performance Bonuses/Co–opting Others.</p>
<p>Chapter 6. Fraud against the Organization (Asset Misappropriation).</p>
<p>Various General Accounting–Cycle Fraud Symptoms.</p>
<p>Vendor Billings False Invoices/Phantom Vendor (Shell Company).</p>
<p>Other Disbursement Fraud.</p>
<p>Inventory.</p>
<p>Skimming/Cash Receipt Misappropriation Fraud.</p>
<p>Chapter 7. Fraud for the Organization.</p>
<p>Financial Reporting.</p>
<p>Money Laundering/Illegal Practices.</p>
<p>International Arena.</p>
<p>Price–Fixing/Bid Rigging.</p>
<p>Commercial Bribery.</p>
<p>Chapter 8. Methodology: Detection/Investigation.</p>
<p>Differences Management versus Employee</p>
<p>Accounting–Cycle–Type Fraud Detection/Investigation.</p>
<p>Recognition/Detection.</p>
<p>Detection/Investigation.</p>
<p>Investigation.</p>
<p>Chapter 9. CAAT Scans for Scams.</p>
<p>Middlemen/Related Parties.</p>
<p>Top–Down Forensic Monitoring.</p>
<p>Telltale Debits of Misappropriation.</p>
<p>Bank Accounts/Addresses.</p>
<p>Chapter 10. Conclusion.</p>
<p>Low Frequency of Detection/Prosecution versus Effective Prevention.</p>
<p>Managerial as Well as Accounting Perspective.</p>
<p>History: Good Old Days.</p>
<p>Risk/Reward Dynamic.</p>
<p>Thoughts on Recent Accounting Scandals.</p>
<p>Appendix A: Practice Advisory 1210.A2–1: Identification of Fraud.</p>
<p>Appendix B: Practice Advisory 1210.A2–2: Responsibility for Fraud Detection.</p>
<p>Appendix C: Derivation: Management Non–Financial–Statement Fraud as a Percentage of Total Occupational Fraud Loss.</p>
<p>Appendix D: Percentage of Total Occupational Fraud Loss Attributable to Management Fraud.</p>
<p>Appendix E: KPMG Study.</p>
<p>Appendix F: Classification: Management Fraud Categories.</p>
<p>Glossary of Terms.</p>
<p>Notes.</p>
<p>Index.</p>