Accountants and auditors are responsible for detecting and deterring fraud by evaluating accounting systems for weaknesses, designing and monitoring internal controls, determining the degree of organizational fraud risk, interpreting financial data for unusual trends, and following up on fraud indicators.
Articles and Other Resources
Anti-Fraud Synergy: CFEs and Internal Audit
Investigator: Meet My Friend, the Accountant
Fraud brainstorming: Planning to find fraud
The Spinster and the Dubious Investment: Financial Statement Fraud in Small Organizations
Fishing in Revenue Streams: Revenue Overstatements
Audit Committees Should Be Worried
Client Confidentiality and Fraud: Should auditors be able to exercise more ethical judgment?
Risky Business: Robert Rudloff Jr., CFE, CIA, Stacks Deck Against Fraudsters at MGM MIRAGE
Cynthia Fornelli, executive director of the Center for Audit Quality, outlines the crucial aspects of a highly effective audit committee.
Auditing for Internal Fraud
Financial Statement Fraud
Detecting Fraud Through Vendor Audits
Books and Manuals
Financial Statement Fraud Casebook: Baking the Ledgers and Cooking the Books
Fraud Auditing and Forensic Accounting, Fourth Edition
A Guide to Forensic Accounting Investigation, Second Edition
Forensic Accounting and Fraud Examination
Cooking the Books: What Every Accountant Should Know About Fraud
Fraud-Related Internal Controls
How to Detect and Prevent Financial Statement Fraud
Other People's Money