Accountants Guide to Fraud Detection and Control or Business Communication Today

Accountant's Guide to Fraud Detection and Control

Author:

From internal control structures that are not fraud-specific to insufficient communication in the fraud discovery-to-investigation and conviction process, fraudulent activity is a widespread fact of life in the business world. Historically, the corporate tendency has been to react to fraud after the fact, rather than to be proactive in its prevention. And in most cases, blame is directed at accountants and auditors. Unfortunately, these officers are rarely provided with the resources, proper training, and commitment from top management that are essential to effective fraud detection and control. The Accountants Guide to Fraud Detection and Control offers comprehensive direction for this largely uncharted area.
Two types of fraud are addressed in this book: fraudulent financial reporting, also known as "Treadway" fraud, usually originating in the top management sector; and "asset-theft" fraud, the more common and more costly type, likely to be practiced by virtually anyone, including outsiders. Treadway fraud is being adequately detected by independent auditors (CPAs) in their annual audits. Asset-theft fraud is not being adequately detected by anyone, with very few exceptions. From following clues to achieving a prosecution, here is sound advice that accountants and auditors will find invaluable.

Businesses lose over $100 billion a year to fraud. Only 20 percent is discovered. Whos to blame?

Accountants and internal auditors are often the scapegoats for managements insufficient fraud detection operations and guidelines. At last, here is comprehensive, intermediate training for evaluating, devising, and installing fraud-specific internal controls,and for conducting proactive fraud-specific examinations. Including actual case studies, the authors show accountants and auditors how to:

• Anticipate problems and follow clues
• Successfully disclose fraud
• Compile the evidence necessary to prosecute acts of fraud
• Develop investigative techniques
• Create effective internal controls . . . and much more, to fill the needs of this crucial area.

Accounting Technician

...I opened this book with anticipation and it did not disappoint! I found the book well presented and easy to read. It certainly provides plenty of food for thought.

Booknews

Arguing that the extent and damage of fraud is more widespread than commonly believed, the authors present a guide for the detection of two types of commonly practiced fraud<-->fraudulent financial reporting, generally practiced by top management, and the more common and less detected asset-theft fraud. They provide information on the detection of fraud by accountants and discuss what to do if fraud is detected. Also discussed the nature of evidence required by the Justice system to support allegations of fraud and a methodology for the evaluation of internal control strengths and weaknesses. Annotation c. Book News, Inc., Portland, OR (booknews.com)

Table of Contents:

FRAUD-SPECIFIC EXAMINATIONS AND INTERNAL CONTROL.
Audit Responsibility for Fraud Detection After Cohen and Treadway.
New Perspectives on Fraud.
Principles and Standards for Fraud-Specific Examinations.
Classifying Fraud for Improved Detection.
Internal Control and Fraud-Specific Internal Control.
Establishing and Operating an Effective Fraud-Specific Internal Control System: Seven Steps to Internal Control.
Computer Fraud 101.
Fraud Case Studies.
Fraud Case Studies--Solutions.
Custodial Fraud.
INVESTIGATING FRAUD.
Investigating Suspected Fraud.
Proactive and Reactive Investigations.
PROSECUTING FRAUD.
Rules of Evidence, Fraud Discovery, and Prosecution.
The Legal Cases in Fraud.
Ethical Conduct and Fraud Prevention.
Bibliography.
Index.

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Business Communication Today

Author: Courtland L Bove

A book that addresses the need for skills-building in today’s competitive business environment, Business Communication Today has been completely revised and reworked to provide the most cutting-edge information available on the market. Combining a solid foundation of communication fundamentals with practical advice and insights, readers will be effectively prepared for the challenges they’ll face when entering the job market. Thorough coverage and thoughtful integration of business communication technology sets this book apart from the competition. Every essential technology is covered, successfully demonstrating the importance of  business etiquette, teamwork, proper short communication (memos, email, instant messaging, etc.), and effective business reports and proposals. An especially useful tool for those entering the job market, this book is also a must-read for corporate trainers, office managers, and others that need to utilize effective communications on a day-to-day basis.

Booknews

For this seventh edition of a text for undergraduates, material has been reorganized to incorporate a three-step process for solving communication problems. Coverage of communication issues in teams has been expanded, and there are new chapters on writing for the Web, communicating through the Internet and other technologies, and enhancing presentations with electronic visual aids. Learning features include boxes on technology applications, ethics, and communication across cultures, documents for students to critique, cases, margin notes, and test questions. The author teaches business communication at Grossmont College. Annotation c. Book News, Inc., Portland, OR (booknews.com)