Corporate Fraud Handbook: Prevention and Detection

Corporate Fraud Handbook details the many forms of fraud to help you identify red flags and prevent fraud before it occurs. Written by the founder and chairman of the Association of Certified Fraud Examiners (ACFE), this book provides indispensable guidance for auditors, examiners, managers, and criminal investigators: from asset misappropriation, to corruption, to financial statement fraud, the most common schemes are dissected to show you where to look and what to look for. This new fifth edition includes the all-new statistics from the ACFE 2016 Report to the Nations on Occupational Fraud and Abuse, providing a current look at the impact of and trends in fraud. Real-world case studies submitted to the ACFE by actual fraud examiners show how different scenarios play out in practice, to help you build an effective anti-fraud program within your own organization. This systematic examination into the mind of a fraudster is backed by practical guidance for before, during, and after fraud has been committed; you'll learn how to stop various schemes in their tracks, where to find evidence, and how to quantify financial losses after the fact.

Book contents:

  1. Introduction

  2. Introduction to Asset Misappropriations

  3. Skimming

  4. Cash Larceny

  5. Check Tampering

  6. Register Disbursement Schemes

  7. Billing Schemes

  8. Payroll and Expense Reimbursement Schemes

  9. Inventory and Other Noncash Assets

  10. Bribery

  11. Conflicts of Interest

  12. Accounting Principles and Fraud

  13. Financial Statement Fraud Schemes

  14. Occupational Fraud and Abuse: The Big Picture